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Financial Engines and Premier Fund Managers boost stakes in U.S. Bancorp amid strong earnings.
Financial Engines Advisors and Premier Fund Managers have recently increased their stakes in U.S. Bancorp, purchasing and holding shares valued at nearly $435,000 and $7.42 million, respectively.
Despite insider sales, U.S. Bancorp reported strong earnings, beating estimates with $1.07 EPS and a 3.7% revenue increase.
The company has a "Moderate Buy" rating and a $53.48 target price, with hedge funds owning 77.60% of its stock.
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Financial Engines y Premier Fund Managers aumentan las participaciones en U.S. Bancorp en medio de fuertes ganancias.