U.S. Bancorp (USB) : On Friday, The money flowed into the U.S. Bancorp (USB) stock with an uptick to downtick ratio was recorded at 1.59. Transactions worth $40.71 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $25.6 million. The total money flow into the stock was $15.11 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $17.86 million of block transactions on upticks. The total money flow in block trades was $17.86 million. In terms of price action, U.S. Bancorp (USB) traded down $0.12 during the session at $44.03. Compared to the previous days closing, the stock was down only by -0.27%. For the week, the stock is 1.45%, over previous weeks closing.
The company Insiders own 0.68% of U.S. Bancorp shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.68% . Institutional Investors own 72.92% of U.S. Bancorp shares. During last six month period, the net percent change held by insiders has seen a change of -7.79%.
In a related news, Kirtley Olivia F, director of Us Bancorp De, unloaded 1,454 shares at an average price of $42.87 on August 5, 2016. The total amount of the transaction was worth $62,333, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
U.S. Bancorp (NYSE:USB): The stock opened at $44.2 and touched an intraday high of $44.22 on Friday. During the day, the stock corrected to an intraday low of $43.93, however, the bulls stepped in and pushed the price higher to close in the green at $44.16 with a gain of 0.30% for the day. The total traded volume for the day was 4,264,180. The stock had closed at $44.03 in the previous trading session.
U.S. Bancorp (USB) : Traders are bullish on U.S. Bancorp (USB) as it has outperformed the S&P 500 by a wide margin of 2.91% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.24%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.75% in the last 1 week, and is up 2.77% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
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.