Cohen & Steers Inc. now owns 1,801,521 shares of the transportation company's stock worth $97,751,000 after acquiring an additional 429,795 shares during the last quarter. Brahman Capital Corp who had been investing in Csx Corp for a number of months, seems to be bullish on the $44.15B market cap company.
The stock decreased 0.41% or $0.75 on November 10, reaching $184.36. CSX Corporation had a return on equity of 17.28% and a net margin of 15.45%. It has outperformed by 80.48% the S&P500.
Karpus Management Inc decreased its stake in Tri Contl Corp (TY) by 41.86% based on its latest 2017Q2 regulatory filing with the SEC. Following the sale, the president now directly owns 127,954 shares of the company's stock, valued at $4,094,528. The company had revenue of $2.74 billion for the quarter, compared to analysts' expectations of $2.77 billion. The company has market cap of $4.64 billion.
CSX Corporation is a transportation company. It has underperformed by 9.68% the S&P500.
Among 28 analysts covering CSX Corporation (NYSE:CSX), 19 have Buy rating, 2 Sell and 7 Hold. Therefore 66% are positive.
Other analysts also recently issued reports about the stock. The company was downgraded on Tuesday, February 23 by Morgan Stanley. BMO Capital Markets maintained it with "Buy" rating and $58.0 target in Thursday, October 5 report. The firm earned "Buy" rating on Thursday, August 27 by Stifel Nicolaus. The rating was maintained by UBS with "Neutral" on Wednesday, January 13. CSX Corporation presently has a consensus rating of Hold and a consensus target price of $56.95.
Investors sentiment increased to 0.83 in Q2 2017. Its up 0.10, from 0.73 in 2017Q1. It is positive, as 58 investors sold CSX shares while 339 reduced holdings. 91 funds opened positions while 238 raised stakes. During the same quarter previous year, the firm posted $0.48 earnings per share.
Shares of CSX Corporation (CSX) traded down $0.33 during midday trading on Friday, reaching $49.75.
Corbyn Investment Management Inc Md holds 4.39% of its portfolio in Emcor Group Inc for 214,511 shares. Torch Wealth Limited Liability holds 0.19% or 5,142 shares. Stifel Fincl owns 236,781 shares. Wfg Advsrs LP reported 0.03% stake. Canandaigua Comml Bank, New York-based fund reported 7,770 shares. Metropolitan Life reported 9,679 shares. Legal & General Gru Public Limited Co owns 0% invested in ESSA Bancorp, Inc. Becker Mngmt accumulated 0.07% or 33,578 shares. Texas Permanent School Fund invested in 10,267 shares or 0.01% of the stock. CSX Corporation has $68.0 highest and $18 lowest target. Calamos Advisors Lc reported 819,518 shares. The current P/B amount of CSX Corporation best indicates the value approach in differentiating good from the bad. Park Natl Corp Oh has invested 0.17% in CSX Corporation (NASDAQ:CSX). Central Comml Bank has 300 shares for 0% of their portfolio.
Jaffetilchin Investment Partners Llc increased Csx Corp (CSX) stake by 103.71% reported in 2017Q2 SEC filing. It also reduced its holding in Nrg Energy Inc (NYSE:NRG) by 400,000 shares in the quarter, leaving it with 9.59M shares, and cut its stake in Time Warner Inc (NYSE:TWX).
The price-to-book ratio of 4.15 for CSX Corporation (NASDAQ:CSX) implies that investors are highly hopeful for the organization to create more value from the given set of assets.
CSX Corporation (NASDAQ:CSX) last announced its quarterly earnings results on Tuesday, October 17th.
Since May 16, 2017, it had 0 buys, and 2 insider sales for $3.39 million activity. About 2.78M shares traded.
Investors sentiment increased to 0.88 in 2017 Q2. Its up 0.10, from 0.73 in 2017Q1. It turned negative, as 15 investors sold WDFC shares while 55 reduced holdings. 12 funds opened positions while 18 raised stakes. Fdx Advsr holds 0.02% of its portfolio in WD-40 Company (NASDAQ:WDFC) for 4,698 shares. 43,433 are owned by Moody National Bank Tru Division. Folger Nolan Fleming Douglas Cap Mngmt has 7,600 shares for 0.06% of their portfolio. Commonwealth Equity Serv invested in 0.09% or 245,451 shares. Boston Advsr Ltd Com, Massachusetts-based fund reported 475,958 shares. Grandfield & Dodd Lc holds 9,800 shares or 0.06% of its portfolio. Glenmede Trust Na invested in 0% or 31 shares. Morgan Stanley stated it has 16,924 shares or 0% of all its holdings. However, the company reported lower than expected revenues in the third quarter. 89,652 are held by Evergreen Ltd Liability. State Of Tennessee Treasury Department accumulated 13,021 shares or 0.01% of the stock.
Analysts await Emcor Group Inc (NYSE:EME) to report earnings on February, 22. They expect $1.04 EPS, up 0.97% or $0.01 from last year's $1.03 per share. EME's profit will be $50.54M for 22.95 P/E if the $0.86 EPS becomes a reality. The company's EPS growth for the following year is valued at 21.70%, indicating an EPS value of 1.20% for the past 5 years, and an EPS value of 15.81% for the coming five years.
Advisor Partners Llc, which manages about $240.00M and $425.75 million US Long portfolio, upped its stake in Bank Of America Corporation (NYSE:BAC) by 13,697 shares to 198,066 shares, valued at $4.81M in 2017Q2, according to the filing. The firm has "Hold" rating given on Friday, January 20 by Deutsche Bank. The company now has a consensus rating of Hold and an average target price of $56.95. (NYSE:AMG) to report earnings on January, 29. The rating was downgraded by B. Riley & Co to "Neutral" on Monday, October 19. The company was maintained on Friday, August 11 by Jefferies. As per Monday, April 24, the company rating was maintained by Raymond James. The firm has "Hold" rating given on Tuesday, October 17 by Stifel Nicolaus. Barclays Capital maintained it with "Overweight" rating and $61 target in Monday, July 18 report. The firm earned "Hold" rating on Thursday, October 20 by Wunderlich. The Washington-based Saturna Capital Corp has invested 1.5% in the stock.
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Moreover, Gotham Asset Limited Liability Corp has 0.01% invested in Extreme Networks, Inc (NASDAQ: EXTR ) for 64,004 shares. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock.
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