Fifth Third Bancorp reduced its stake in U.S. Bancorp by 2.6%, selling 20,638 shares and retaining 766,841 shares valued at $37.06 million. Insider Mark G. Runkel also sold 32,195 shares for approximately $1.95 million. U.S. Bancorp reported strong quarterly earnings, beating analyst estimates, and maintains a “Moderate Buy” consensus rating with an average target price of $59.79.
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Fifth Third Bancorp Sells 20,638 Shares of U.S. Bancorp $USB
Fifth Third Bancorp reduced its stake in U.S. Bancorp by 2.6%, selling 20,638 shares and retaining 766,841 shares valued at $37.06 million. Insider Mark G. Runkel also sold 32,195 shares for approximately $1.95 million. U.S. Bancorp reported strong quarterly earnings, beating analyst estimates, and maintains a “Moderate Buy” consensus rating with an average target price of $59.79.