CORDA Investment Management LLC. has a significant $44.95 Million stake in U.S. Bancorp (USB) shares.
Carlson Capital L.P. also bought shares worth $1.41 Million, while
Amalgamated Bank and
Morningstar Investment Management LLC hold positions valued at $14.31 Million and $933k respectively.
U.S. Bancorp executives are set to reveal significant insights at the upcoming
RBC Financial Conference. The company’s stock recently rose albeit performing below the market.
Gunjan Kedia has been announced as the new CEO from mid-April.
U.S. Bancorp is considered a great dividend stock and the company plans a $0.50 quarterly payout for 2025. However, certain investment firms are cutting stakes, like
Y Intercept Hong Kong Ltd and
Bank of New York Mellon Corp. Despite uncertainties,
U.S. Bancorp is still considered one of the best bank stocks to invest in currently. The company's
senior EVP and
vice chair Terrance Dolan made significant stock sales recently.
U.S. Bancorp reported growth in Non-Interest income in last quarter earnings and has planned leadership changes for 2025.
US Bancorp USB News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Sat, 01 Mar 2025 20:24:06 GMT -
Rating 5
- Innovation -2
- Information 7
- Rumor -3
