U.S. Bancorp $USB Position Boosted by Vanguard Group Inc.

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Vanguard Group Inc. increased its stake in U.S. Bancorp (NYSE:USB) by 1.3% in the fourth quarter, now owning 9.42% of the company. Other institutional investors also boosted their positions, with the company reporting strong earnings and an upcoming dividend. Analysts have a “Moderate Buy” rating for U.S. Bancorp with a consensus target price of $61.18.

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