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US Bancorp DE Acquires 6,208 Shares of Intuit Inc. $INTU
US Bancorp DE increased its stake in Intuit Inc. by 3.2%, acquiring an additional 6,208 shares to bring its total holding to 200,367 shares valued at approximately $132.73 million. Intuit exceeded quarterly earnings expectations with $4.15 EPS and $4.65 billion in revenue, also announcing a $1.20 quarterly dividend. Analyst consensus rates Intuit as a “Moderate Buy” with an average target price of $636.10, although insider selling by a director was recently reported.