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US Bancorp DE Sells 31,576 Shares of Albemarle Corporation $ALB
US Bancorp DE has reduced its stake in Albemarle Corporation by 20.2%, selling 31,576 shares and retaining 124,664 shares valued at $10.11 million. Despite a recent earnings miss, Albemarle’s revenue increased, and institutional ownership remains high at 92.87%. Analyst sentiment for the specialty chemicals company has shifted positively, with several upgrades and an average target price of $170.04.