GSA Capital Partners LLP significantly reduced its stake in U.S. Bancorp (USB) by 82.8% in Q3, selling 34,393 shares and retaining 7,121 shares valued at approximately $344,000. Despite this, U.S. Bancorp reported strong financial results with quarterly EPS of $1.26, surpassing estimates, and a revenue of $7.92 billion, marking a 5.1% year-over-year increase. Analysts maintain a “Moderate Buy” consensus rating with an average price target of around $60.02 for the company.
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GSA Capital Partners LLP Lowers Stock Position in U.S. Bancorp $USB
GSA Capital Partners LLP significantly reduced its stake in U.S. Bancorp (USB) by 82.8% in Q3, selling 34,393 shares and retaining 7,121 shares valued at approximately $344,000. Despite this, U.S. Bancorp reported strong financial results with quarterly EPS of $1.26, surpassing estimates, and a revenue of $7.92 billion, marking a 5.1% year-over-year increase. Analysts maintain a “Moderate Buy” consensus rating with an average price target of around $60.02 for the company.