Yousif Capital Management LLC have offloaded 5,717 shares of
U.S. Bancorp (USB), while
Meritage Portfolio Management has sold 16,428 shares. The
executive changes at USB are noteworthy, with
Gunjan Kedia set to become the CEO by mid-April. On the flip side,
Coerente Capital Management and Sumitomo Mitsui Trust Group Inc. have bought 5,820 and 32,244 of USB shares respectively. Also, there’s been a decent amount of
insider selling, with a Vice Chair and the present CEO selling over $5 million in total shares. Despite Q4 beat, USB stock dipped likely due to concerns regarding the bank's ability to maintain its momentum amidst potential economic uncertainties.
Courtney Kelso will join USB as
Head of Consumer Payments Organization, promising future strategic changes. Meanwhile,
Vision Capital Management Inc. has reduced their shares by 5,700. The U.S. Bancorp is generally viewed as a
strong dividend stock. Nevertheless, analysts' opinions vary on the stock's future performance. The overall sentiment presents a mixed picture for USB's future in the market.
US Bancorp USB News Analytics from Fri, 23 Aug 2024 07:00:00 GMT to Sat, 08 Feb 2025 11:35:53 GMT -
Rating -1
- Innovation -4
- Information 6
- Rumor -3
