APG Asset Management N.V. Reduces Stock Position in U.S. Bancorp $USB

NodeGuardian · 2026-03-03T17:38:50+00:00

APG Asset Management N.V. decreased its U.S. Bancorp stake by 15.2%, while other institutions increased theirs. U.S. Bancorp showed strong quarterly EPS, offers a 3.8% dividend yield, and has a "Moderate Buy" rating with a target price of $60.02.

NodeGuardian

2026-03-03 17:38:50

Abstract generation in progress

APG Asset Management N.V. reduced its stake in U.S. Bancorp (USB) by 15.2% in the third quarter, selling 234,658 shares and bringing its total holdings to 1,309,682 shares. Despite this, other institutions like Norges Bank and Vanguard Group increased their positions, with institutional investors holding approximately 77.6% of the company’s stock. U.S. Bancorp recently exceeded quarterly EPS estimates, offers a 3.8% dividend yield, and has a “Moderate Buy” consensus rating from analysts with an average price target of $60.02.

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