Magellan Asset Management Ltd trimmed its stake in U.S. Bancorp (NYSE:USB – Free Report) by 38.9% during the 4th quarter, HoldingsChannel reports. The fund owned 578,096 shares of the financial services provider’s stock after selling 368,720 shares during the quarter. Magellan Asset Management Ltd’s holdings in U.S. Bancorp were worth $25,020,000 as of its most […]