Large Outflow of Money Witnessed in U.S. Bancorp

U.S. Bancorp (USB): The stock had negative money flow to the tune of ($2.03 million) on Wednesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $4.72 million, whereas, the outflow of money on downticks was $6.76 million and the ratio between the two was 0.7. The block trade had a negative net money flow of ($2.19 million). The total block trade value undertaken on upticks was $0.45 million. On the other hand, downticks amounted to $2.64 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.17. U.S. Bancorp (USB) closed with marginal gains of 3 cents to end the day at $42.65, an increase of 0.07% over the previous days close. The stock recorded -0.72% for the week.


U.S. Bancorp has lost 1.04% in the last five trading days and dropped 2.35% in the last 4 weeks. U.S. Bancorp is up 7.89% in the last 3-month period. Year-to-Date the stock performance stands at 1.63%.

U.S. Bancorp (USB) : 21 analysts are covering U.S. Bancorp (USB) and their average rating on the stock is 2.33, which is read as a Buy. 7 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. U.S. Bancorp (USB) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 12 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

U.S. Bancorp (NYSE:USB): The stock opened at $42.79 and touched an intraday high of $42.97 on Wednesday. During the day, the stock corrected to an intraday low of $42.38, however, the bulls stepped in and pushed the price higher to close in the green at $42.81 with a gain of 0.45% for the day. The total traded volume for the day was 4,482,646. The stock had closed at $42.9 in the previous trading session.

U.S. Bancorp is a multi-state financial services holding company. The Company operates through its banking subsidiary, U.S. Bank National Association, is engaged in the general banking business in domestic markets. The Company provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machines (ATM) processing, mortgage banking, insurance, brokerage and leasing. U.S. Bank National Association provides a range of products and services to individuals, businesses, institutional organizations, governmental entities and other financial institutions. Its commercial and consumer lending services are offered to customers within the Companys domestic markets, to domestic customers with foreign operations and to large national customers operating in specific industries targeted by the Company.

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