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SteelPeak Wealth LLC Sells 163,695 Shares of U.S. Bancorp $USB
SteelPeak Wealth LLC significantly reduced its stake in U.S. Bancorp (NYSE:USB) during the fourth quarter, selling 163,695 shares and retaining 12,805 shares valued at approximately $690,000. U.S. Bancorp exceeded Q4 earnings and revenue expectations, reporting $1.26 EPS against an estimated $1.19 and $7.92 billion in revenue, leading to a consensus “Moderate Buy” rating from analysts with an average target price of $60.45. The company announced a quarterly dividend of $0.52 per share, and insiders currently own about 0.21% of the stock, with one insider recently selling 32,195 shares.