U.S. Bancorp $USB Shares Sold by Edgar Lomax Co. VA

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Edgar Lomax Co. VA significantly reduced its stake in U.S. Bancorp (NYSE:USB) during the third quarter, selling 23,600 shares, which brought their total holdings to 80,726 shares valued at $3.9 million. Other institutional investors like Perennial Investment Advisors and Crossmark Global Holdings made adjustments to their positions in the financial services provider. Analysts have issued a “Moderate Buy” consensus rating for U.S. Bancorp with an average price target of $60.02, while an insider, Mark G. Runkel, sold a substantial number of shares further adjusting personal holdings.

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