U.S. Bancorp (USB) has been a central point of many news, showcasing several noteworthy events. The company has announced details about its third quarter earnings conference call. Asset management firms, including Sanctuary Advisors LLC and Clearbridge Investments LLC, reportedly purchased a considerable amount of shares, whereas Truist Financial Corp and Buck Wealth Strategies LLC have sold their shares. The stock has underperformed the S&P 500 by 17% YTD, yet shareholders have enjoyed a decent 49% return over the past year. Morgan Stanley has upgraded the USB preferred stock. Despite a dip in Q2, financial experts are optimistic about USB, raising its price target at Evercore ISI. US Bancorp has also revealed plans for a new share buyback and dividend hike. The bank's stock news and market updates, alongside its upcoming earnings release, further project promise to its stakeholders. However, some caution is advised due to the 3.6% drop since the last earnings report. Heritage Wealth Management Inc. has taken an $11.65 million stake and U.S. Bancorp has revealed their SWOT analysis, optimistically looking towards their strategic shifts and impending market challenges.
US Bancorp USB News Analytics from Fri, 16 Feb 2024 21:30:19 GMT to Fri, 04 Oct 2024 09:22:23 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor 2
