Xponance Inc. Purchases 21,866 Shares of U.S. Bancorp $USB

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Xponance Inc. increased its stake in U.S. Bancorp (NYSE:USB) by 8.6% in the third quarter, purchasing an additional 21,866 shares and bringing its total holdings to 275,898 shares valued at $13.334 million. Other institutional investors also adjusted their positions in U.S. Bancorp, which recently traded down 4.7% and declared a quarterly dividend of $0.52 per share. Analysts have a “Moderate Buy” consensus rating for U.S. Bancorp with a consensus target price of $60.02.

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