U.S. Bancorp (NYSE:USB) Shares Unloaded Rep. Carol D. Miller

Representative Carol D. Miller (R-West Virginia) recently sold shares of U.S. Bancorp (NYSE:USB). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in U.S. Bancorp stock on March 10th. The trade occurred in the Representative’s “MATT MILLER INVESTMENT MANAGEMENT ACCOUNT” account.

Representative Carol D. Miller also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Aflac (NYSE:AFL) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Gilead Sciences (NASDAQ:GILD) on 3/10/2025.
• Sold $1,001 – $15,000 in shares of Pfizer (NYSE:PFE) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Lockheed Martin (NYSE:LMT) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of CME Group (NASDAQ:CME) on 3/10/2025.
• Sold $1,001 – $15,000 in shares of Target (NYSE:TGT) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of American Water Works (NYSE:AWK) on 3/10/2025.

U.S. Bancorp Stock Performance

NYSE:USB opened at $38.62 on Wednesday. U.S. Bancorp has a fifty-two week low of $35.18 and a fifty-two week high of $53.98. The firm’s 50 day moving average is $43.10 and its two-hundred day moving average is $46.93. The company has a market cap of $60.17 billion, a P/E ratio of 10.19, a P/E/G ratio of 1.73 and a beta of 0.91. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 1.11.

U.S. Bancorp (NYSE:USB) last issued its earnings results on Thursday, January 16th. The financial services provider reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.01. The firm had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $7 billion. U.S. Bancorp had a return on equity of 12.94% and a net margin of 14.75%. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.99 earnings per share. Analysts expect that U.S. Bancorp will post 4.38 EPS for the current year.

U.S. Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $0.50 dividend. The ex-dividend date was Monday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 5.18%. U.S. Bancorp’s payout ratio is 52.77%.

Wall Street Analyst Weigh In

USB has been the topic of a number of recent research reports. The Goldman Sachs Group reduced their price target on shares of U.S. Bancorp from $51.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 19th. Barclays increased their price target on U.S. Bancorp from $57.00 to $61.00 and gave the company an “overweight” rating in a report on Monday, January 6th. Piper Sandler raised U.S. Bancorp from a “neutral” rating to an “overweight” rating and set a $58.00 target price for the company in a research report on Monday, January 13th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $43.50 target price (down from $51.00) on shares of U.S. Bancorp in a report on Thursday, April 3rd. Finally, Wolfe Research raised shares of U.S. Bancorp from a “peer perform” rating to an “outperform” rating and set a $49.00 price objective for the company in a research report on Thursday, April 3rd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, U.S. Bancorp currently has a consensus rating of “Moderate Buy” and a consensus target price of $52.52.

Insider Activity at U.S. Bancorp

In other news, insider Jodi L. Richard sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $47.59, for a total transaction of $1,427,700.00. Following the completion of the transaction, the insider now directly owns 99,790 shares in the company, valued at approximately $4,749,006.10. The trade was a 23.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Terrance R. Dolan sold 66,317 shares of U.S. Bancorp stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $46.96, for a total value of $3,114,246.32. Following the sale, the insider now directly owns 209,482 shares in the company, valued at $9,837,274.72. The trade was a 24.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 219,812 shares of company stock worth $10,385,665 in the last 90 days. 0.23% of the stock is currently owned by company insiders.

Institutional Trading of U.S. Bancorp

Several institutional investors have recently added to or reduced their stakes in the business. J.Safra Asset Management Corp acquired a new position in shares of U.S. Bancorp in the 4th quarter valued at about $26,000. Winch Advisory Services LLC grew its holdings in shares of U.S. Bancorp by 1,088.9% during the fourth quarter. Winch Advisory Services LLC now owns 535 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 490 shares during the last quarter. FPC Investment Advisory Inc. bought a new position in shares of U.S. Bancorp during the fourth quarter valued at approximately $28,000. Global Wealth Strategies & Associates raised its position in shares of U.S. Bancorp by 70.8% during the 4th quarter. Global Wealth Strategies & Associates now owns 603 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 250 shares during the period. Finally, Stonebridge Financial Group LLC bought a new stake in shares of U.S. Bancorp in the 4th quarter worth approximately $30,000. Institutional investors own 77.60% of the company’s stock.

About Representative Miller

Carol Miller (Republican Party) is a member of the U.S. House, representing West Virginia’s 1st Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

Miller (Republican Party) ran for re-election to the U.S. House to represent West Virginia’s 1st Congressional District. She won in the general election on November 5, 2024.

West Virginia’s 3rd Congressional District race was identified as a 2018 battleground that might have affected partisan control of the U.S. House in the 116th Congress. Incumbent Evan Jenkins (R) did not seek re-election in 2018, leaving the seat open. In the campaign, Miller emphasized her endorsement by President Donald Trump (R). Lara Trump, Senior Advisor to Donald J. Trump for President, Inc., said, “Carol is pro-coal, pro-Second Amendment, and pro-Trump through and through, and is prepared to tackle the opioid epidemic that’s affected countless West Virginians.” Miller also supported the construction of a wall on the southern U.S. border and the Tax Cuts and Jobs Act (TCJA).

Miller is a former Republican member of the West Virginia House of Delegates, representing District 16 from 2006 to 2018.

Miller has also worked in real estate and owns a bison farm.

Carol Miller was born in Columbus, Ohio. Miller graduated from Bexley High School in 1968. She earned a B.S. from Columbia College in 1972. Her career experience includes owning and operating Swann Ridge Bison Farm and working as a real estate manager.

About U.S. Bancorp

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments.