Versor Investments LP initiated a new position in U.S. Bancorp (NYSE:USB) during the third quarter, acquiring 19,500 shares valued at approximately $942,000. This comes as institutional investors now hold about 77.60% of the stock. Insider Mark G. Runkel recently sold a significant portion of his holdings, while the company reported strong third-quarter earnings, beating analyst expectations.
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Versor Investments LP Takes Position in U.S. Bancorp $USB
Versor Investments LP initiated a new position in U.S. Bancorp (NYSE:USB) during the third quarter, acquiring 19,500 shares valued at approximately $942,000. This comes as institutional investors now hold about 77.60% of the stock. Insider Mark G. Runkel recently sold a significant portion of his holdings, while the company reported strong third-quarter earnings, beating analyst expectations.