Pillar Pacific Capital Management Has Trimmed Its Csx (CSX) Stake by $308950; Market Value …

… Facility with Capital One; 24/04/2018 – Capital One 1Q-End Total Deposits $250.8 Billion; 11/05/2018 – FTC: Intellectual Ventures I LLC et al. v.

CSX Corporation (NASDAQ:CSX) Logo

Pinnacle Financial Partners Inc decreased its stake in Capital One Finl Corp (COF) by 18.16% based on its latest 2019Q1 regulatory filing with the SEC. Pinnacle Financial Partners Inc sold 12,110 shares as the company’s stock declined 0.17% . The institutional investor held 54,588 shares of the major banks company at the end of 2019Q1, valued at $4.46M, down from 66,698 at the end of the previous reported quarter. Pinnacle Financial Partners Inc who had been investing in Capital One Finl Corp for a number of months, seems to be less bullish one the $41.11 billion market cap company. The stock decreased 4.26% or $3.83 during the last trading session, reaching $86.02. About 1.85M shares traded. Capital One Financial Corporation (NYSE:COF) has declined 1.44% since August 5, 2018 and is downtrending. It has underperformed by 1.44% the S&P500. Some Historical COF News: 09/03/2018 – IN JUNE, FED TOLD CAPITAL ONE TO RESUBMIT ITS PLAN; 29/03/2018 – Newtek Announces the Signing of a Letter of Intent for New $75.0 Million SBA 504 Credit Facility with Capital One; 24/04/2018 – Capital One 1Q-End Total Deposits $250.8 Billion; 11/05/2018 – FTC: Intellectual Ventures I LLC et al. v. Capital One Financial Corp. et al. – May 11, 2018; 25/04/2018 – CAPITAL ONE FINANCIAL CORP COF.N : RBC RAISES TARGET PRICE TO $112 FROM $110; 19/04/2018 – DJ Capital One Financial Corporation, Inst Holders, 1Q 2018 (COF); 24/04/2018 – Capital One 1Q Rev $6.91B; 09/03/2018 – Fed Says It Will Not Object To Capital One’s Resubmitted Capital Plan — MarketWatch; 08/05/2018 – Capital One to Sell $17 Billion Worth of Mortgages to Credit Suisse; 24/04/2018 – Capital One 1Q Adj EPS $2.65

Pillar Pacific Capital Management Llc decreased its stake in Csx Corp (CSX) by 2.5% based on its latest 2019Q1 regulatory filing with the SEC. Pillar Pacific Capital Management Llc sold 4,175 shares as the company’s stock declined 11.03% . The institutional investor held 162,765 shares of the railroads company at the end of 2019Q1, valued at $12.18 million, down from 166,940 at the end of the previous reported quarter. Pillar Pacific Capital Management Llc who had been investing in Csx Corp for a number of months, seems to be less bullish one the $52.29 billion market cap company. The stock decreased 3.35% or $2.25 during the last trading session, reaching $64.87. About 5.57 million shares traded or 12.08% up from the average. CSX Corporation (NYSE:CSX) has risen 0.16% since August 5, 2018 and is uptrending. It has outperformed by 0.16% the S&P500. Some Historical CSX News: 21/03/2018 – DOT STB: Case Title: CONSUMERS ENERGY COMPANY V. CSX TRANSPORTATION, INC. – 03/20/2018; 16/03/2018 – More than 100 former employees sue CSX; 25/04/2018 – DOT STB: Case Title: CSX TRANSPORTATION, INC.–ABANDONMENT EXEMPTION–IN BUTLER COUNTY, OHIO; 29/03/2018 – DOT STB: Case Title: HGS- FCR LLC — AQUISTION EXEMPTION — CSX TRANSPORATION, INC; 17/04/2018 – CSX Corp 1Q Net $695M; 19/03/2018 – CSX Names Angela C. Williams Vice President and Corporate Controller; 18/05/2018 – CSX CORP CSX.O SETS QUARTERLY DIVIDEND OF $0.22/SHR; 17/04/2018 – CSX Doubles Profit as Cuts Pick Up Steam; 09/05/2018 – CSX Presenting at Bank of America Conference May 15; 23/04/2018 – CSX Bond Trading 2x Average; Clients Net Sellers

Investors sentiment decreased to 0.89 in 2019 Q1. Its down 0.08, from 0.97 in 2018Q4. It fall, as 53 investors sold COF shares while 274 reduced holdings. 71 funds opened positions while 220 raised stakes. 402.66 million shares or 2.48% less from 412.89 million shares in 2018Q4 were reported. Gmt Capital has invested 1.66% of its portfolio in Capital One Financial Corporation (NYSE:COF). Welch Gp Limited Liability Company reported 1,773 shares. Leisure Cap Mngmt has 6,424 shares. Texas Yale reported 15,986 shares. The Washington-based Perkins Coie Trust Comm has invested 0.02% in Capital One Financial Corporation (NYSE:COF). Sandy Spring Savings Bank holds 2,942 shares or 0.02% of its portfolio. Smith Asset Mngmt Grp Inc Limited Partnership holds 0% in Capital One Financial Corporation (NYSE:COF) or 80 shares. Fil owns 35 shares. Covenant Multifamily Offices Lc accumulated 12,014 shares. 6,932 were accumulated by Eagle Asset Mngmt. State Of Wisconsin Board reported 764,707 shares. New York-based Qs Investors Lc has invested 0.03% in Capital One Financial Corporation (NYSE:COF). Acropolis Management Limited Liability Co accumulated 12,361 shares. Hudson Bay Mgmt Lp has invested 0.06% in Capital One Financial Corporation (NYSE:COF). 6,495 are owned by Evermay Wealth Mngmt Limited Liability Corp.

Analysts await Capital One Financial Corporation (NYSE:COF) to report earnings on October, 22. They expect $2.86 EPS, down 8.33% or $0.26 from last year’s $3.12 per share. COF’s profit will be $1.37B for 7.52 P/E if the $2.86 EPS becomes a reality. After $3.37 actual EPS reported by Capital One Financial Corporation for the previous quarter, Wall Street now forecasts -15.13% negative EPS growth.

Pinnacle Financial Partners Inc, which manages about $1.24B US Long portfolio, upped its stake in Pacwest Bancorp Del (NASDAQ:PACW) by 23,147 shares to 47,831 shares, valued at $1.80M in 2019Q1, according to the filing. It also increased its holding in Clorox Co Del (NYSE:CLX) by 4,336 shares in the quarter, for a total of 30,315 shares, and has risen its stake in Spdr Series Trust (JNK).

More notable recent Capital One Financial Corporation (NYSE:COF) news were published by: Finance.Yahoo.com which released: “Capital One Data Breach Sparks Bearish Options Trading – Yahoo Finance” on July 30, 2019, also Forbes.com with their article: “Increased Card Lending, Lower Charge-Off Rates Should Have Boosted Capital One’s Q2 Results – Forbes” published on July 18, 2019, Seekingalpha.com published: “Capital One Financial Q2 2019 Earnings Preview – Seeking Alpha” on July 17, 2019. More interesting news about Capital One Financial Corporation (NYSE:COF) were released by: Globenewswire.com and their article: “SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Capital One Financial Corporation – COF – GlobeNewswire” published on July 30, 2019 as well as Investorplace.com‘s news article titled: “5 Top Stock Trades for Wednesday: UAA, PEP, NVTA – Investorplace.com” with publication date: July 30, 2019.

Analysts await CSX Corporation (NASDAQ:CSX) to report earnings on October, 15. They expect $1.01 EPS, down 3.81% or $0.04 from last year’s $1.05 per share. CSX’s profit will be $814.13M for 16.06 P/E if the $1.01 EPS becomes a reality. After $1.08 actual EPS reported by CSX Corporation for the previous quarter, Wall Street now forecasts -6.48% negative EPS growth.

More notable recent CSX Corporation (NASDAQ:CSX) news were published by: Seekingalpha.com which released: “CSX Q2 2019 Earnings Preview – Seeking Alpha” on July 15, 2019, also Nasdaq.com with their article: “U.S. STOCKS ON THE MOVE-Guardion, Tellurian, railroad operators – Nasdaq” published on July 17, 2019, Nasdaq.com published: “CSX (CSX) Q2 Earnings and Revenues Lag Estimates – Nasdaq” on July 16, 2019. More interesting news about CSX Corporation (NASDAQ:CSX) were released by: Seekingalpha.com and their article: “Dividend Stock CSX Has Returned An Annual Average Return Of 23% Over The Last 10 Years – Seeking Alpha” published on July 18, 2019 as well as Nasdaq.com‘s news article titled: “Wall Street falls on fears of trade war earnings impact – Nasdaq” with publication date: July 17, 2019.

CSX Corporation (NASDAQ:CSX) Institutional Positions Chart

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Related Posts:

  • No Related Posts

As Canadian Natl Ry Co (CNI) Share Value Rose, Martin Currie LTD Raised Position; As …

… mind; 20/04/2018 – DJ Symantec Corporation, Inst Holders, 1Q 2018 (SYMC); 15/03/2018 – CAFC: INTELLECTUAL VENTURES I LLC v.

Symantec Corporation (NASDAQ:SYMC) Logo

Starboard Value Lp increased its stake in Symantec Corp (SYMC) by 46.93% based on its latest 2019Q1 regulatory filing with the SEC. Starboard Value Lp bought 11.50 million shares as the company’s stock declined 9.60% . The hedge fund held 36.00M shares of the prepackaged software company at the end of 2019Q1, valued at $827.66M, up from 24.50M at the end of the previous reported quarter. Starboard Value Lp who had been investing in Symantec Corp for a number of months, seems to be bullish on the $12.55B market cap company. The stock decreased 3.95% or $0.83 during the last trading session, reaching $20.32. About 6.13 million shares traded. Symantec Corporation (NASDAQ:SYMC) has risen 6.15% since August 5, 2018 and is uptrending. It has outperformed by 6.15% the S&P500. Some Historical SYMC News: 10/05/2018 – Symantec Sees FY19 EPS $1.50-EPS $1.65; 11/05/2018 – Lawyers for investors say they are investigating whether Symantec “may have issued materially misleading business information to the investing public.”; 10/05/2018 – Symantec reports smaller quarterly loss; 17/05/2018 – KASKELA LAW LLC: Important Deadline Established in Shareholder Class Action Lawsuit Against Symantec Corp. — SYMC; 14/05/2018 – Symantec recoups some losses ahead of investor call to address audit; 10/05/2018 – Symantec Sees 1Q EPS 31c-EPS 35c; 14/05/2018 – Symantec just held a conference call that failed to answer the question on everybody’s mind; 20/04/2018 – DJ Symantec Corporation, Inst Holders, 1Q 2018 (SYMC); 15/03/2018 – CAFC: INTELLECTUAL VENTURES I LLC v. SYMANTEC CORP. [OPINION] – Appeal #17-1814 – 2018-03-15; 11/05/2018 – Symantec: No Safety Margin — Heard on the Street

Martin Currie Ltd increased its stake in Canadian Natl Ry Co (CNI) by 128.45% based on its latest 2019Q1 regulatory filing with the SEC. Martin Currie Ltd bought 139,003 shares as the company’s stock rose 2.83% . The institutional investor held 247,220 shares of the railroads company at the end of 2019Q1, valued at $22.12M, up from 108,217 at the end of the previous reported quarter. Martin Currie Ltd who had been investing in Canadian Natl Ry Co for a number of months, seems to be bullish on the $65.74B market cap company. The stock decreased 1.77% or $1.65 during the last trading session, reaching $91.38. About 571,603 shares traded. Canadian National Railway Company (NYSE:CNI) has risen 6.45% since August 5, 2018 and is uptrending. It has outperformed by 6.45% the S&P500. Some Historical CNI News: 02/05/2018 – Canadian National to Buy 350 Lumber Cars to Meet Demand; 07/03/2018 – Canadian Natl Railway: CN Will Immediately Improve Movement of Western Canadian Grain; 23/04/2018 – Canadian Natl Railway 1Q EPS C$1.00; 23/04/2018 – CANADIAN NATIONAL RAILWAY CO QTRLY REVENUE TON-MILES (RTMS) DECLINED BY FOUR PCT; 23/04/2018 – CANADIAN NATIONAL RAILWAY CO – QTRLY OPERATING RATIO OF 67.8 PER CENT, AN INCREASE OF 6.0 POINTS; 24/04/2018 – Canadian Natl Railway: Robert Pace Was Unanimously Re-Elected by as Board Chair; 13/03/2018 – BBB’s Canadian National Password Day March 15 #BBBPasswordDay; 15/03/2018 – Canadian National Railway Struggles to Make On-Time Deliveries; 08/03/2018 – Sen. Dick Durbin: Durbin, Duckworth Press Canadian National Railway For Update On Implementation Of Positive Train Control; 07/03/2018 – Canadian Natl Railway to Offer Incentives for Key Operating Employees to Delay Retirement, Postpone Vacations

Martin Currie Ltd, which manages about $1.43B US Long portfolio, decreased its stake in Merck & Co Inc (NYSE:MRK) by 151,633 shares to 218,956 shares, valued at $18.21M in 2019Q1, according to the filing. It also reduced its holding in Ishares Tr (INDA) by 574,483 shares in the quarter, leaving it with 1.23 million shares, and cut its stake in Starbucks Corp (NASDAQ:SBUX).

More notable recent Canadian National Railway Company (NYSE:CNI) news were published by: Benzinga.com which released: “Commentary: The Complexity Of Owning Or Leasing Freight Cars – Benzinga” on July 23, 2019, also Globenewswire.com with their article: “CN announces David Trent as Vice-President and Chief Digital Officer – GlobeNewswire” published on July 15, 2019, Nasdaq.com published: “CN declares third-quarter 2019 dividend – Nasdaq” on July 23, 2019. More interesting news about Canadian National Railway Company (NYSE:CNI) were released by: Benzinga.com and their article: “Canadian National Hauled Record Grain Volumes In 2018-2019 – Benzinga” published on July 29, 2019 as well as Globenewswire.com‘s news article titled: “CN and GM Extend Agreements, Grow Relationship – GlobeNewswire” with publication date: July 26, 2019.

Since February 14, 2019, it had 0 buys, and 2 sales for $1.47 million activity. The insider Cappellanti-Wolf Amy L. sold $422,327.

Symantec Corporation (NASDAQ:SYMC) Institutional Positions Chart

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Related Posts:

  • No Related Posts

CSX Co. (NASDAQ:CSX) Shares Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd raised its position in CSX Co. (NASDAQ:CSX) by 156.8% during the 2nd quarter, according to its most recent disclosure with the …

CSX logoWINTON GROUP Ltd raised its position in CSX Co. (NASDAQ:CSX) by 156.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 645,299 shares of the transportation company’s stock after purchasing an additional 394,056 shares during the quarter. CSX comprises approximately 1.0% of WINTON GROUP Ltd’s investment portfolio, making the stock its 8th biggest holding. WINTON GROUP Ltd owned 0.08% of CSX worth $49,927,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in CSX. Liberty Wealth Management LLC bought a new stake in CSX during the fourth quarter worth approximately $28,000. IMA Wealth Inc. acquired a new position in CSX in the 1st quarter worth approximately $35,000. Destination Wealth Management acquired a new stake in shares of CSX during the 1st quarter valued at $36,000. Field & Main Bank acquired a new stake in shares of CSX during the 1st quarter valued at $41,000. Finally, Acima Private Wealth LLC acquired a new stake in shares of CSX during the 1st quarter valued at $45,000. Institutional investors own 76.76% of the company’s stock.

A number of equities research analysts have issued reports on the stock. BidaskClub lowered shares of CSX from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 27th. Susquehanna Bancshares restated a “neutral” rating on shares of CSX in a report on Wednesday, April 3rd. Citigroup raised their price target on shares of CSX from $79.00 to $86.00 and gave the company a “buy” rating in a report on Thursday, April 4th. Stifel Nicolaus set a $80.00 price target on shares of CSX and gave the company a “hold” rating in a report on Wednesday, April 17th. Finally, UBS Group downgraded shares of CSX from a “buy” rating to a “neutral” rating and raised their price target for the company from $75.00 to $80.00 in a report on Friday, April 5th. Three analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $78.13.

NASDAQ:CSX traded down $2.74 during mid-day trading on Thursday, reaching $67.66. 489,003 shares of the company’s stock were exchanged, compared to its average volume of 6,350,326. CSX Co. has a one year low of $58.47 and a one year high of $80.73. The stock has a market capitalization of $55.74 billion, a price-to-earnings ratio of 17.64, a PEG ratio of 1.21 and a beta of 1.22. The business’s fifty day moving average is $75.53. The company has a quick ratio of 1.44, a current ratio of 1.55 and a debt-to-equity ratio of 1.26.

CSX (NASDAQ:CSX) last released its quarterly earnings results on Tuesday, July 16th. The transportation company reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.03). CSX had a return on equity of 26.96% and a net margin of 27.87%. The business had revenue of $3.06 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same period in the prior year, the business posted $1.01 earnings per share. CSX’s revenue was down 1.4% compared to the same quarter last year. As a group, analysts expect that CSX Co. will post 4.15 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, August 30th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a $0.96 dividend on an annualized basis and a yield of 1.42%. CSX’s payout ratio is 25.00%.

In other news, EVP Nathan D. Goldman sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of $79.50, for a total value of $556,500.00. Following the sale, the executive vice president now directly owns 79,697 shares in the company, valued at approximately $6,335,911.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 4.83% of the company’s stock.

CSX Profile

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services, as well as transports intermodal containers and trailers. It transports chemicals, automotive, agricultural and food products, minerals, fertilizers, forest products, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants.

Featured Article: What does it mean to hold a stock in street name?

Institutional Ownership by Quarter for CSX (NASDAQ:CSX)

Receive News & Ratings for CSX Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for CSX and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

WINTON GROUP Ltd Buys 141363 Shares of Norfolk Southern Corp. (NYSE:NSC)

WINTON GROUP Ltd raised its stake in Norfolk Southern Corp. (NYSE:NSC) by 145.9% during the second quarter, HoldingsChannel.com reports.

Norfolk Southern logoWINTON GROUP Ltd raised its stake in Norfolk Southern Corp. (NYSE:NSC) by 145.9% during the second quarter, HoldingsChannel.com reports. The fund owned 238,265 shares of the railroad operator’s stock after purchasing an additional 141,363 shares during the quarter. Norfolk Southern comprises approximately 0.9% of WINTON GROUP Ltd’s holdings, making the stock its 11th biggest position. WINTON GROUP Ltd’s holdings in Norfolk Southern were worth $47,493,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. DNB Asset Management AS boosted its position in Norfolk Southern by 21.8% in the 2nd quarter. DNB Asset Management AS now owns 61,233 shares of the railroad operator’s stock valued at $12,206,000 after buying an additional 10,974 shares during the period. Private Trust Co. NA boosted its position in Norfolk Southern by 10.2% in the 2nd quarter. Private Trust Co. NA now owns 2,832 shares of the railroad operator’s stock valued at $564,000 after buying an additional 263 shares during the period. Cox Capital Mgt LLC boosted its position in Norfolk Southern by 2.5% in the 2nd quarter. Cox Capital Mgt LLC now owns 5,069 shares of the railroad operator’s stock valued at $1,010,000 after buying an additional 122 shares during the period. Sepio Capital LLC boosted its position in Norfolk Southern by 2.7% in the 1st quarter. Sepio Capital LLC now owns 32,534 shares of the railroad operator’s stock valued at $6,110,000 after buying an additional 846 shares during the period. Finally, Weaver Consulting Group purchased a new stake in Norfolk Southern in the 1st quarter valued at about $30,000. Institutional investors own 72.56% of the company’s stock.

Shares of NSC opened at $184.99 on Thursday. The stock has a 50 day simple moving average of $198.40. Norfolk Southern Corp. has a fifty-two week low of $138.65 and a fifty-two week high of $211.46. The stock has a market cap of $52.31 billion, a PE ratio of 19.45, a PEG ratio of 1.56 and a beta of 1.32. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.67 and a quick ratio of 0.59.

Norfolk Southern (NYSE:NSC) last announced its quarterly earnings results on Wednesday, July 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.77 by ($0.07). Norfolk Southern had a return on equity of 17.80% and a net margin of 24.10%. The business had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.95 billion. During the same period in the previous year, the company posted $2.50 EPS. Norfolk Southern’s revenue for the quarter was up .9% on a year-over-year basis. On average, equities analysts expect that Norfolk Southern Corp. will post 10.79 earnings per share for the current fiscal year.

Several equities research analysts have issued reports on NSC shares. Argus boosted their price objective on shares of Norfolk Southern from $210.00 to $220.00 and gave the company a “buy” rating in a research report on Tuesday, May 7th. Zacks Investment Research cut shares of Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 9th. Citigroup set a $20.00 price objective on shares of Compania de Minas Buenaventura SAA and gave the company a “buy” rating in a research report on Thursday, April 4th. ValuEngine cut shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Finally, Deutsche Bank raised shares of CYBERAGENT INC/ADR from a “hold” rating to a “buy” rating in a research report on Wednesday, June 12th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $204.47.

In related news, Chairman James A. Squires sold 3,024 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $204.71, for a total transaction of $619,043.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Michael Joseph Wheeler sold 2,500 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $204.57, for a total transaction of $511,425.00. Following the transaction, the chief operating officer now owns 12,919 shares of the company’s stock, valued at approximately $2,642,839.83. The disclosure for this sale can be found here. 0.19% of the stock is currently owned by corporate insiders.

Norfolk Southern Profile

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. The company transports industrial products, including chemicals, agriculture, and metals and construction materials; and coal, automobiles, and automotive parts.

Featured Article: Compound Interest

Want to see what other hedge funds are holding NSC?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Norfolk Southern Corp. (NYSE:NSC).

Institutional Ownership by Quarter for Norfolk Southern (NYSE:NSC)

Receive News & Ratings for Norfolk Southern Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Norfolk Southern and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Carroll Financial Associates Inc. Buys 216 Shares of Norfolk Southern Corp. (NYSE:NSC)

WINTON GROUP Ltd boosted its holdings in shares of Norfolk Southern by 145.9% in the 2nd quarter. WINTON GROUP Ltd now owns 238,265 …

Norfolk Southern logoCarroll Financial Associates Inc. grew its stake in Norfolk Southern Corp. (NYSE:NSC) by 3.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,041 shares of the railroad operator’s stock after acquiring an additional 216 shares during the quarter. Carroll Financial Associates Inc.’s holdings in Norfolk Southern were worth $1,204,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. WINTON GROUP Ltd boosted its holdings in shares of Norfolk Southern by 145.9% in the 2nd quarter. WINTON GROUP Ltd now owns 238,265 shares of the railroad operator’s stock valued at $47,493,000 after buying an additional 141,363 shares during the last quarter. DNB Asset Management AS boosted its holdings in shares of Norfolk Southern by 21.8% in the 2nd quarter. DNB Asset Management AS now owns 61,233 shares of the railroad operator’s stock valued at $12,206,000 after buying an additional 10,974 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of Norfolk Southern by 10.2% in the 2nd quarter. Private Trust Co. NA now owns 2,832 shares of the railroad operator’s stock valued at $564,000 after buying an additional 263 shares during the last quarter. Cox Capital Mgt LLC boosted its holdings in shares of Norfolk Southern by 2.5% in the 2nd quarter. Cox Capital Mgt LLC now owns 5,069 shares of the railroad operator’s stock valued at $1,010,000 after buying an additional 122 shares during the last quarter. Finally, Sepio Capital LLC boosted its holdings in shares of Norfolk Southern by 2.7% in the 1st quarter. Sepio Capital LLC now owns 32,534 shares of the railroad operator’s stock valued at $6,110,000 after buying an additional 846 shares during the last quarter. 72.56% of the stock is owned by institutional investors.

Shares of Norfolk Southern stock opened at $196.67 on Wednesday. The firm’s fifty day simple moving average is $198.65. Norfolk Southern Corp. has a 1 year low of $138.65 and a 1 year high of $211.46. The firm has a market cap of $51.91 billion, a P/E ratio of 20.68, a price-to-earnings-growth ratio of 1.54 and a beta of 1.32. The company has a quick ratio of 0.59, a current ratio of 0.67 and a debt-to-equity ratio of 0.69.

Norfolk Southern (NYSE:NSC) last posted its quarterly earnings data on Wednesday, April 24th. The railroad operator reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.34. The firm had revenue of $2.84 billion for the quarter, compared to analysts’ expectations of $2.82 billion. Norfolk Southern had a return on equity of 17.80% and a net margin of 24.10%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.93 EPS. As a group, sell-side analysts expect that Norfolk Southern Corp. will post 10.79 EPS for the current year.

NSC has been the subject of several research reports. Zacks Investment Research downgraded Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “strong sell” rating in a report on Thursday, May 9th. Barclays raised their price target on T. Rowe Price Group from $90.00 to $95.00 and gave the company an “underweight” rating in a report on Thursday, April 25th. ValuEngine downgraded Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th. Argus raised their price target on Norfolk Southern from $210.00 to $220.00 and gave the company a “buy” rating in a report on Tuesday, May 7th. Finally, Citigroup set a $20.00 price target on Compania de Minas Buenaventura SAA and gave the company a “buy” rating in a report on Thursday, April 4th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $204.47.

In other Norfolk Southern news, Chairman James A. Squires sold 3,024 shares of the stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $204.71, for a total transaction of $619,043.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Michael Joseph Wheeler sold 2,500 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $204.57, for a total value of $511,425.00. Following the transaction, the chief operating officer now owns 12,919 shares in the company, valued at approximately $2,642,839.83. The disclosure for this sale can be found here. 0.19% of the stock is owned by company insiders.

Norfolk Southern Company Profile

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. The company transports industrial products, including chemicals, agriculture, and metals and construction materials; and coal, automobiles, and automotive parts.

Recommended Story: Institutional Investors

Want to see what other hedge funds are holding NSC?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Norfolk Southern Corp. (NYSE:NSC).

Institutional Ownership by Quarter for Norfolk Southern (NYSE:NSC)

Receive News & Ratings for Norfolk Southern Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Norfolk Southern and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts