U.S. Bancorp (USB), one of the favorite stocks amongst institutional investors with 79% ownership, has been underperforming against its competitors on several occasions recently. The first-quarter earnings of 2024 were in line with expectations but the stock declined in the improved market scenario. USB's strong returns on equity indicate the potential for outperformance. Institutional interest remains steady, shown by Charles Schwab Investment Management Inc. and Natixis Advisors L.P. increasing their positions. However, bearish signals are suggested by insiders disposing of stock. Despite this, some view USB as an attractive return profile at a discount. Even though the bank has navigated economic headwinds with mixed Q4 results, it beat Q1 estimates and matched Q4 earnings estimates. The company's dividend analysis reveals growth. However, the past three years have seen investors lose 24% and a recent week saw a 4.1% fall in stock. Despite these developments, some still argue USB is a smart long-term buy and a quality investment.
US Bancorp USB News Analytics from Wed, 13 Sep 2023 07:00:00 GMT to Thu, 09 May 2024 20:48:00 GMT -
Rating -1
- Innovation 0
- Information 4
- Rumor -6
