Japanese Financial institution acquired a brand new stake in shares of CSX Co. (NASDAQ:CSX – Free Report) throughout the third quarter, Holdings Channel.com stories. The agency acquired 51,011 shares of the transportation firm’s inventory, valued at roughly $1,761,000.
A number of different institutional traders have additionally modified their holdings of the enterprise. Dynamic Advisor Options LLC elevated its place in shares of CSX by 10.1% throughout the first quarter. Dynamic Advisor Options LLC now owns 35,503 shares of the transportation firm’s inventory price $1,316,000 after buying an extra 3,257 shares within the final quarter. Kingswood Wealth Advisors LLC raised its stake in shares of CSX by 85.0% within the 1st quarter. Kingswood Wealth Advisors LLC now owns 13,604 shares of the transportation firm’s inventory valued at $504,000 after buying an extra 6,251 shares throughout the interval. Brookstone Capital Administration lifted its holdings in shares of CSX by 15.6% within the first quarter. Brookstone Capital Administration now owns 27,113 shares of the transportation firm’s inventory valued at $1,005,000 after buying an extra 3,662 shares within the final quarter. Revolve Wealth Companions LLC acquired a brand new place in shares of CSX throughout the first quarter price about $477,000. Lastly, Wealthcare Advisory Companions LLC grew its holdings in shares of CSX by 24.7% throughout the first quarter. Wealthcare Advisory Companions LLC now owns 26,008 shares of the transportation firm’s inventory price $964,000 after shopping for an extra 5,155 shares within the final quarter. Institutional traders personal 73.57% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
CSX has been the topic of a variety of current analysis stories. Stephens lowered their worth goal on CSX from $41.00 to $39.00 and set an “obese” ranking for the corporate in a analysis report on Thursday, October seventeenth. Citigroup started protection on shares of CSX in a analysis report on Wednesday, October ninth. They issued a “purchase” ranking and a $42.00 goal worth for the corporate. Wells Fargo & Firm reduce their worth goal on shares of CSX from $35.00 to $34.00 and set an “equal weight” ranking on the inventory in a analysis report on Thursday, October seventeenth. Royal Financial institution of Canada decreased their worth goal on CSX from $36.00 to $35.00 and set a “sector carry out” ranking for the corporate in a report on Thursday, October seventeenth. Lastly, Benchmark reissued a “purchase” ranking and set a $40.00 worth goal on shares of CSX in a analysis report on Wednesday, August seventh. Seven funding analysts have rated the inventory with a maintain ranking and twelve have assigned a purchase ranking to the corporate. In line with information from MarketBeat.com, CSX presently has a mean ranking of “Reasonable Purchase” and a mean worth goal of $38.61.
View Our Newest Analysis Report on CSX
CSX Inventory Up 0.6 %
NASDAQ CSX opened at $33.85 on Wednesday. The corporate has a present ratio of 1.16, a fast ratio of 1.01 and a debt-to-equity ratio of 1.42. The corporate has a market cap of $66.17 billion, a price-to-earnings ratio of 18.60, a PEG ratio of 1.90 and a beta of 1.19. The corporate has a 50 day shifting common of $34.04 and a 200-day shifting common of $33.90. CSX Co. has a 1-year low of $29.03 and a 1-year excessive of $40.12.
CSX (NASDAQ:CSX – Get Free Report) final introduced its quarterly earnings information on Wednesday, October sixteenth. The transportation firm reported $0.46 earnings per share for the quarter, lacking the consensus estimate of $0.48 by ($0.02). The corporate had income of $3.62 billion throughout the quarter, in comparison with analyst estimates of $3.68 billion. CSX had a web margin of 24.52% and a return on fairness of 29.11%. CSX’s income was up 1.3% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the agency earned $0.42 earnings per share. On common, equities analysis analysts anticipate that CSX Co. will submit 1.93 earnings per share for the present fiscal 12 months.
CSX Broadcasts Dividend
The corporate additionally lately disclosed a quarterly dividend, which shall be paid on Friday, December thirteenth. Shareholders of report on Friday, November twenty ninth shall be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November twenty ninth. This represents a $0.48 dividend on an annualized foundation and a yield of 1.42%. CSX’s payout ratio is 26.37%.
CSX Firm Profile
CSX Company, along with its subsidiaries, gives rail-based freight transportation providers. The corporate gives rail providers; and transportation of intermodal containers and trailers, in addition to different transportation providers, resembling rail-to-truck transfers and bulk commodity operations. It additionally transports chemical substances, agricultural and meals merchandise, minerals, automotive, forest merchandise, fertilizers, and metals and gear; and coal, coke, and iron ore to electricity-generating energy vegetation, metal producers, and industrial vegetation, in addition to exports coal to deep-water port amenities.
Learn Extra
Need to see what different hedge funds are holding CSX? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for CSX Co. (NASDAQ:CSX – Free Report).
Obtain Information & Rankings for CSX Each day – Enter your electronic mail tackle under to obtain a concise day by day abstract of the most recent information and analysts’ scores for CSX and associated corporations with MarketBeat.com’s FREE day by day electronic mail e-newsletter.
