U.S. Bancorp (USB) has been seeing fluctuating investments from several asset management firms and investment groups, with some increasing their stake, and others reducing their holdings. The bank's shares soared by 4.62% recently due to regulatory-driven surge. Its Series A preferred stock is suggested as an undervalued IG opportunity. The bank's strategy seems directed towards long-term balance sheet strength, which attracts investments, including a significant growth of stock holdings by Providence Capital Advisors LLC and American Century Companies Inc. The company's dividend payment record remains strong, attracting investors seeking stable returns. Q2's earnings report is eagerly awaited for revealed key performance measures. Moreover, Gunjan Kedia is on her way to become the bank's first female CEO. However, the bank hasn't been immune to criticism, with HSBC lifting its PT on the bank but retaining a 'sell' rating, and top executives reportedly selling massive shares of their stock.
US Bancorp USB News Analytics from Thu, 16 Jan 2025 08:00:00 GMT to Sat, 23 Aug 2025 12:55:23 GMT -
Rating 6
- Innovation -3
- Information 8
- Rumor -6
