USB

Why Are People Buying USB Shares?

U.S. Bancorp stock is trading -23.35% below its average target price of $40.99 after marking a 1.6% during today's morning session. Analysts are giving the large-cap Banking company an average rating of buy and target prices ranging from $31.0 to $60.0 per share.

U.S. Bancorp's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.5%. The stock's short ratio is 3.06. The company's insiders own 0.15% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 77.3%. In conclusion, we believe there is mixed market sentiment regarding U.S. Bancorp.

Institutions Invested in U.S. Bancorp

Date Reported Holder Percentage Shares Value
2023-06-30 Vanguard Group Inc 8% 130,033,564 $4,085,654,590
2023-06-30 Blackrock Inc. 7% 110,704,962 $3,478,349,914
2023-06-30 State Street Corporation 4% 60,462,681 $1,899,737,441
2023-06-30 JP Morgan Chase & Company 4% 53,650,095 $1,685,685,988
2023-06-30 MUFG Bank Ltd 3% 44,374,155 $1,394,235,953
2023-06-30 Price (T.Rowe) Associates Inc 3% 43,779,668 $1,375,557,171
2023-06-30 FMR, LLC 2% 36,795,616 $1,156,118,257
2023-06-30 Charles Schwab Investment Management, Inc. 2% 29,510,943 $927,233,831
2023-06-30 Geode Capital Management, LLC 2% 25,906,897 $813,994,705
2023-06-30 Wells Fargo & Company 2% 25,115,554 $789,130,708
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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