CSX (CSX) PT Raised to $66.00

Lloyd Doyle
January 23, 2018

Bennicas & Associates Inc sold 7,800 shares as the company's stock rose 3.79% with the market. The hedge fund held 1.68M shares of the major banks company at the end of 2017Q3, valued at $48.24 million, down from 1.84M at the end of the previous reported quarter. The company has a market cap of $45.66 billion, a price-to-earnings ratio of 26.15 and a beta of 1.32. The stock increased 0.94% or $0.29 during the last trading session, reaching $30.98. About 6.00 million shares traded. SM Energy Company (NYSE:SM) has declined 24.40% since January 22, 2017 and is downtrending. It has outperformed by 80.48% the S&P500.

Seabridge Investment Advisors Llc increased its stake in Kennedy (KW) by 10.9% based on its latest 2017Q3 regulatory filing with the SEC. This repurchase authorization allows the transportation company to repurchase shares of its stock through open market purchases. The institutional investor held 236,826 shares of the real estate company at the end of 2017Q3, valued at $4.39M, up from 213,545 at the end of the previous reported quarter. Dowling & Yahnke Ltd Limited Liability Company owns 0.11% invested in CSX Corporation (NASDAQ:CSX) for 19,419 shares. About 2.00M shares traded. State Bank Financial Corporation (NASDAQ:STBZ) has risen 21.99% since January 22, 2017 and is uptrending. It has outperformed by 36.68% the S&P500.

Investors sentiment decreased to 0.66 in Q3 2017. This represents a $0.80 annualized dividend and a yield of 1.60%. Zooming in to the past 5 sessions, shares have changed -2.86%. Community Bancorporation Na owns 3,600 shares. Moreover, Kentucky Retirement has 0.23% invested in CSX Corporation (NASDAQ:CSX) for 56,654 shares. Hartford Inc holds 1.94% or 70,389 shares in its portfolio. Guggenheim Capital Limited Com has 0.14% invested in CSX Corporation (NASDAQ:CSX). Lmr Ptnrs Llp has invested 0.1% in CSX Corporation (NASDAQ:CSX). Ig Management Limited owns 605,000 shares. 195,458 were reported by Sumitomo Mitsui Asset. Leavell Investment Management Inc has invested 0.07% of its portfolio in CSX Corporation (NASDAQ:CSX). Madden Advisory Ser holds 4,702 shares. Northern Tru Corp invested 0.01% in Kennedy-Wilson Holdings, Inc. Janney Montgomery Scott Ltd Com reported 126,205 shares or 0.08% of all its holdings. Founders Mngmt Ltd Liability Company has 6.64% invested in CSX Corporation (NASDAQ:CSX). Two analysts have rated the stock with a sell rating, nine have issued a hold rating and seventeen have given a buy rating to the stock. Therefore 63% are positive. CSX Corporation had 102 analyst reports since August 13, 2015 according to SRatingsIntel. RBC Capital Markets has "Outperform" rating and $37 target. CSX's quarterly revenue was down 5.7% on a year-over-year basis. Credit Suisse Ag invested in 117,148 shares. North Star Investment Management Corp. now owns 20,498 shares of the transportation company's stock worth $1,118,000 after buying an additional 146 shares in the last quarter. UBS Group decreased their price objective on shares of CSX from $74.00 to $72.00 and set a buy rating on the stock in a research note on Wednesday, January 17th. Stifel Nicolaus maintained the stock with "Hold" rating in Thursday, April 20 report. RBC Capital Markets maintained the shares of CSX in report on Tuesday, January 9 with "Buy" rating. The rating was downgraded by Morgan Stanley to "Underweight" on Monday, October 2. (NASDAQ:ICFI) stake by 127,037 shares to 159,432 valued at $8.60 million in 2017Q3.

Among 6 analysts covering CSX Corp (NASDAQ:CSX), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 55% are positive. The company was maintained on Wednesday, August 16 by Cowen & Co. The firm earned "Market Perform" rating on Friday, October 28 by Hovde Group. The rating was maintained by Argus Research with "Buy" on Tuesday, January 19. As per Friday, February 10, the company rating was upgraded by Avondale. The company was maintained on Friday, December 15 by Scotia Capital. The firm has "Overweight" rating given on Tuesday, September 29 by Barclays Capital. Chardan Capital Markets maintained the shares of DRNA in report on Friday, August 11 with "Hold" rating.

Investors sentiment increased to 0.79 in 2017 Q3. Its down 0.17, from 0.83 in 2017Q2. It dived, as 9 investors sold KW shares while 38 reduced holdings. 66 funds opened positions while 235 raised stakes. (NYSE:XYL) by 17,204 shares to 32,288 shares, valued at $2.02 million in 2017Q3, according to the filing. King Luther Mngmt Corp has invested 0% of its portfolio in Corning Incorporated (NYSE:GLW). Raymond James & Assocs, a Florida-based fund reported 37,815 shares. (NYSE:KW). Balyasny Asset Mgmt Lc stated it has 196,053 shares or 0.01% of all its holdings. Rhumbline Advisers holds 98,481 shares or 0% of its portfolio. Endurance Wealth Management invested in 53 shares. Ameriprise Fincl has invested 0.11% in General Motors Company (NYSE:GM). Dimensional Fund Advisors Ltd Partnership reported 0% stake. Wasatch Advsrs Inc invested in 295,679 shares. Wealthcare Management Limited Liability Company holds 70 shares or 0% of its portfolio. Us Bankshares De reported 629,610 shares.

Analysts await Corning Incorporated (NYSE:GLW) to report earnings on January, 23. They expect $-0.26 earnings per share, up 16.13% or $0.05 from last year's $-0.31 per share. GLW's profit will be $408.46M for 18.39 P/E if the $0.47 EPS becomes a reality. The difference between the expected and actual EPS was $0.05/share, which represents an Earnings surprise of 5.8%. Strs Ohio holds 0.32% or 1.86 million shares in its portfolio. The insider Kinlin Clark S sold $1.33M.

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