Latest News

Berkshire Hathaway Cuts Stake in U.S. Bancorp By More Than Half. Buffett Has Been Selling Financials.

0

Berkshire Hathaway Cuts Stake in U.S. Bancorp By More Than Half | Barron’s

A new filing indicates that


Berkshire Hathaway

cut its stake in


U.S. Bancorp

by 56% to 52.5 million shares that are now worth $2.4 billion.

In a form 13-G filing dated Thursday, Berkshire Hathaway (BRK.A, BRK.B) reported the holding of 52.5 million shares of U.S. Bancorp (USB) on Oct. 31, down from 119.8 million shares on June 30. Berkshire now owns 3.5% stake in the large Minneapolis-based regional bank, down from 8%.

Here’s Who Owns Tesla Now That Elon Musk Is Selling Out

Previous article

Inflation at 7.7%: 2 ‘Strong Buy’ Dividend Stocks That Beat This Rate

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News