CSX (CSX) Rating Increased to Buy at BidaskClub

Mindy Sparks
April 17, 2018

Founders Capital Management Llc sold 6,575 shares as the company's stock declined 0.55% with the market. Lomas Capital Management Llc who had been investing in Praxair Inc for a number of months, seems to be bullish on the $42.07 billion market cap company. About 4.20 million shares traded. CSX Corporation (NYSE:CSX) has risen 18.37% since April 15, 2017 and is uptrending. It has outperformed by 10.69% the S&P500.

Founders Capital Management Llc decreased its stake in C S X Corp (CSX) by 2.54% based on its latest 2017Q4 regulatory filing with the SEC. Caledonia Investments Plc bought 40,000 shares as the company's stock declined 10.37% with the market. The hedge fund held 50,699 shares of the railroads company at the end of 2017Q4, valued at $2.79 million, down from 244,321 at the end of the previous reported quarter. Tudor Investment Corp Et Al who had been investing in Csx Corporation for a number of months, seems to be bullish on the $49.32B market cap company. The stock increased 1.69% or $0.94 during the last trading session, reaching $56.53.CSX Corporation has volume of 6.49M shares. The stock traded on impressive volume of 4.95 Million comparing to the average volume of 6880.46 shares, completing picture of exact trends with uncompleted dots in volume over the norm. Since April 16, 2017 CSX has risen 18.37% and is uptrending. It has outperformed by 6.82% the S&P500. That's change of 0.14, from 2017Q3's 0.66. It is negative, as 47 investors sold ADBE shares while 389 reduced holdings. 131 funds opened positions while 356 raised stakes. 410.42 million shares or 1.09% less from 414.95 million shares in 2017Q3 were reported. Colonial Tru Advisors holds 7,390 shares or 0.06% of its portfolio. First State Bank And Comm Of Newtown holds 0.12% or 2,763 shares. Fort Point Capital Prtnrs Ltd accumulated 13,641 shares. Shelton Mngmt holds 0.47% or 41,488 shares in its portfolio. (NYSE:PX) for 957,806 shares. They expect $0.66 earnings per share, up 29.41% or $0.15 from last year's $0.51 per share. (NYSE:T) for 31,309 shares. Crawford Invest Counsel Inc has invested 0.01% in Praxair, Inc. (NYSE:GWW) for 59,492 shares. Ifc Inc Fl invested in 10,653 shares or 0.04% of the stock. Strs Ohio holds 602,315 shares or 0.14% of its portfolio. Wealthfront Incorporated owns 27,391 shares. 7,974 were reported by Wetherby Asset Mngmt Inc. Therefore 20% are positive. Wellington Shields Capital Mngmt Ltd stated it has 0.18% in CSX Corporation (NASDAQ:CSX). The stock of W.W. Grainger, Inc. Finally, Credit Suisse Group decreased their price objective on shares of CSX from $67.00 to $65.00 and set an "outperform" rating for the company in a report on Friday, March 2nd. BidaskClub raised CSX from a "hold" rating to a "buy" rating in a research note on Wednesday, January 10th. UBS has "Buy" rating and $68.0 target. The firm has "Neutral" rating given on Wednesday, January 13 by UBS. The company was maintained on Friday, December 15 by Scotia Capital. The firm earned "Outperform" rating on Thursday, January 14 by Credit Suisse. In Tuesday, October 31 report Robert W. Baird maintained the stock with "Buy" rating.

Analysts have a mean recommendation of 2.30 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 61% are positive. CSX had 33 analyst reports since October 16, 2017 according to SRatingsIntel. Finally, Citigroup reiterated a "buy" rating and issued a $64.00 target price on shares of CSX in a research note on Wednesday, January 17th. The firm has "Hold" rating given on Tuesday, July 25 by Oppenheimer. The stock has "Buy" rating by RBC Capital Markets on Friday, December 15. Scotia Capital maintained it with "Hold" rating and $40.0 target in Tuesday, January 30 report. The firm has "Market Perform" rating given on Monday, October 16 by Wells Fargo. Barclays Capital maintained it with "Overweight" rating and $60 target in Wednesday, October 18 report. The rating was maintained by Susquehanna with "Buy" on Friday, March 2. On Friday, March 2 the firm earned "Buy" rating by UBS. Analysts expect CSX to post earnings of $0.69 per share for the quarter. MA's profit will be $1.31B for 34.85 P/E if the $1.25 EPS becomes a reality. During the same period in the previous year, the company earned $0.49 earnings per share. equities research analysts forecast that CSX will post 3.1 EPS for the current fiscal year.

Globeflex Capital L P, which manages about $3.98 billion and $358.77M US Long portfolio, decreased its stake in Kmg Chemicals Inc (NYSE:KMG) by 6,768 shares to 47,261 shares, valued at $3.12 million in 2017Q4, according to the filing. It also increased its holding in Norwegian Cruise Line Hldgs (Call) (NASDAQ:NCLH) by 81,200 shares in the quarter, for a total of 157,000 shares, and has risen its stake in Star Bulk Carriers Corp.

During Q4 2017 the big money sentiment increased to 0.8. This represents a $0.72 annualized dividend and a yield of 1.51%. Canandaigua National Bank & Trust Co. increased its position in shares of CSX by 1.0% in the third quarter. Regent Inv Ltd Company invested in 0.2% or 3,400 shares. The New York-based Nbt Natl Bank N A Ny has invested 0.06% in CSX Corporation (NASDAQ:CSX). Massmutual Company Fsb Adv reported 177 shares. Ci Global holds 1.46M shares or 1.55% of its portfolio. Following a recent spotcheck, the public organization CSX Corporation (NASDAQ:CSX) has been observed as trading -7.41% away from its 90-day high price.

NASDAQ CSX opened at $55.59 on Friday. Fayez Sarofim & reported 0.01% of its portfolio in CSX Corporation (NASDAQ:CSX). Papp L Roy & Assoc holds 4,255 shares or 0.2% of its portfolio. Glenmede Trust Na, Pennsylvania-based fund reported 148,291 shares. Clarkston Ptnrs Lc invested in 0.43% or 72,840 shares. Boston Advsrs Ltd Company invested 0.66% in CSX Corporation (NASDAQ:CSX).

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