The equity portfolio of Comerica Bank shows reduced holdings in U.S. Bancorp $USB. MetLife Investment also sold the same shares, raising concerns about this bank's long-term financial flexibility. Prospects improved with new stakes taken by Epoch Investment Partners, Orion Capital Management, Northwestern Mutual Wealth Management Co., and Harvest Portfolios Group. Taikang Asset Management made a significant $7.99 million investment in $USB. Major reductions in $USB holdings occurred with Caisse DE Depot ET Placement DU Quebec, AlphaQuest, and Rafferty Asset Management. Allstate Corp and Ascent Group boosted their positions in $USB, while Ameriprise Financial Inc. reduced their share count. Laffer Tengler Investments also reduced their stake in $USB. U.S. Bancorp received a "Moderate Buy" consensus recommendation by analysts. Assessing valuations following a bank stock rally, $USB was termed as a 'Great Dividend Stock'. The Q2 report shows a profit rise despite soft interest income and clear signs of disciplined expenses and positive operating leverage. The appointment of Gunjan Kedia as the CEO, marks the bank's first female leader.
US Bancorp USB News Analytics from Thu, 16 Jan 2025 08:00:00 GMT to Sat, 30 Aug 2025 23:34:06 GMT - Rating 3 - Innovation 2 - Information 6 - Rumor -2
