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AGF Management Ltd. Buys 21,108 Shares of U.S. Bancorp $USB
AGF Management Ltd. significantly increased its stake in U.S. Bancorp (NYSE:USB) by 74.7% in the third quarter, adding 21,108 shares to reach a total holding of 49,373 shares valued at $2.386 million. Analysts maintain a “Moderate Buy” consensus rating for U.S. Bancorp, with an average target price of $58.90, and the company recently surpassed its quarterly earnings and revenue estimates. Additionally, U.S. Bancorp announced a quarterly dividend of $0.52 per share, representing an annualized yield of 3.5%.