Us Bancorp \de\ (USB): Craig E Gifford , EVP and Controller of Us Bancorp \de\ sold 400 shares on May 18, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $41.73 per share for a total value of $16,692.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 29, 2016, Terrance R Dolan (Vice Chairman) sold 7,000 shares at $43.05 per share price.On Apr 29, 2016, Jennie P Carlson (EVP, Human Resources) sold 50,000 shares at $43.51 per share price.Also, On Apr 28, 2016, Andrew Cecere (President and COO) sold 321,691 shares at $43.53 per share price.On Apr 27, 2016, Richard K Davis (Chairman and CEO) sold 919,118 shares at $43.06 per share price.
Shares of U.S. Bancorp (USB) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.1 points or -0.24% at $41.52 with 95,45,359 shares getting traded. Post opening the session at $41.4, the shares hit an intraday low of $41.025 and an intraday high of $41.7 and the price vacillated in this range throughout the day. The company has a market cap of $71,680 M and the number of outstanding shares has been calculated to be 1,72,64,03,100 shares. The 52-week high of U.S. Bancorp is $46.26 and the 52-week low is $37.07.
Company has been under the radar of several Street Analysts.U.S. Bancorp is Reiterated by Compass Point to Neutral while Lowering the Price Target of the company shares to $ 46 from a previous price target of $48 . The Rating was issued on Apr 21, 2016.U.S. Bancorp is Downgraded by Robert W. Baird to Neutral while Lowering the Price Target of the company shares to $ 42 from a previous price target of $45 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 21, 2016.U.S. Bancorp is Downgraded by Guggenheim to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 6, 2016.U.S. Bancorp is Upgraded by Atlantic Equities to Overweight. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 14, 2016.
U.S. Bancorp is a multi-state financial services holding company. The Company operates through its banking subsidiary U.S. Bank National Association is engaged in the general banking business in domestic markets. The Company provides a range of financial services including lending and depository services cash management capital markets and trust and investment management services. It also engages in credit card services merchant and automated teller machines (ATM) processing mortgage banking insurance brokerage and leasing. U.S. Bank National Association provides a range of products and services to individuals businesses institutional organizations governmental entities and other financial institutions. Its commercial and consumer lending services are offered to customers within the Company’s domestic markets to domestic customers with foreign operations and to large national customers operating in specific industries targeted by the Company.