Victory Capital Management Inc. Has $280.68 Million Stock Position in U.S. Bancorp $USB

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Victory Capital Management Inc. significantly reduced its stake in U.S. Bancorp (NYSE:USB) by 49.7% in the third quarter, now holding 5.8 million shares valued at $280.68 million. Despite this, U.S. Bancorp maintains a “Moderate Buy” consensus rating from analysts, with insider activity also reported as Mark G. Runkel sold a portion of his shares. The company recently exceeded Q3 earnings estimates and offers an annualized dividend yield of approximately 3.9%.

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