Shares of U.S. Bancorp (NYSE:USB) Sees Large Inflow of Net Money Flow

U.S. Bancorp (NYSE:USB) dropped -0.37% or -0.16 points to trade at $41.81 per share. As per the latest trading data available, the net money flow stood at $4.27 million as the shares received $32.22 million in upticks and gave away $27.95 million in downticks. The final up/down ratio was at 1.15. On a weekly basis, the stock has seen a change of -1.33%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 2.54. $8.9 million was the inflow in upticks and $3.51 million was the outflow in downticks. For the block trade, the net money flow was $5.39 million.


Currently the company Insiders own 0.68% of U.S. Bancorp shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.81% . Institutional Investors own 72.81% of U.S. Bancorp shares. During last six month period, the net percent change held by insiders has seen a change of -8.67%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Gifford Craig E, officer (EVP and Controller) of Us Bancorp De, had unloaded 400 shares at an average price of $41.73 in a transaction dated on May 18, 2016. The total value of the transaction was worth $16,692.

U.S. Bancorp (NYSE:USB) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.28 points or 0.67% at $41.68 with 6,688,722 shares getting traded. Post opening the session at $41.71, the shares hit an intraday low of $41.67 and an intraday high of $42.1199 and the price was in this range throughout the day. The company has a market cap of $71,956 million and the number of outstanding shares have been calculated to be 1,726,403,100 shares. The 52-week high of U.S. Bancorp (NYSE:USB) is $46.26 and the 52-week low is $37.07.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Deutsche Bank downgrades the rating on U.S. Bancorp (NYSE:USB). The brokerage firm has issued a Hold rating on the shares. The shares were previously rated Buy. The rating by the firm was issued on April 26, 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 Companys domestic markets, to domestic customers with foreign operations and to large national customers operating in specific industries targeted by the Company.

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