Csx Corporation (CSX) Holder Highland Capital Management LLC Lowered Holding

November 15, 2017 - By Hazel Jackson

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. 628.79 million shares or 0.40% less from 631.34 million shares in 2017Q1 were reported. Ashfield Cap Prtn Limited Liability Company holds 4,500 shares or 0.03% of its portfolio. Spirit Of America Corp New York owns 18,500 shares for 0.11% of their portfolio. Oz Management Lp stated it has 1.11% in CSX Corporation (NASDAQ:CSX). 2.65 million are held by Apg Asset Management Nv. 923,395 were reported by Pointstate Capital Lp. Hanseatic Mgmt Svcs holds 0.02% of its portfolio in CSX Corporation (NASDAQ:CSX) for 638 shares. Massmutual Trust Communications Fsb Adv owns 600 shares. Farmers reported 0.12% stake. Cibc Mkts Corp holds 0.11% in CSX Corporation (NASDAQ:CSX) or 198,987 shares. Aberdeen Asset Management Public Ltd Company Uk has 233,510 shares for 0.04% of their portfolio. Aull And Monroe has invested 2.86% in CSX Corporation (NASDAQ:CSX). Qcm Cayman Limited reported 0.91% in CSX Corporation (NASDAQ:CSX). State Street invested 0.19% of its portfolio in CSX Corporation (NASDAQ:CSX). Victory Management Incorporated stated it has 351,332 shares or 0.04% of all its holdings. Loomis Sayles Limited Partnership holds 0.03% in CSX Corporation (NASDAQ:CSX) or 243,967 shares.

Highland Capital Management Llc decreased its stake in Csx Corporation (CSX) by 24.4% based on its latest 2017Q2 regulatory filing with the SEC. Highland Capital Management Llc sold 83,711 shares as the company’s stock rose 3.79% with the market. The institutional investor held 259,378 shares of the railroads company at the end of 2017Q2, valued at $14.15M, down from 343,089 at the end of the previous reported quarter. Highland Capital Management Llc who had been investing in Csx Corporation for a number of months, seems to be less bullish one the $43.72 billion market cap company. The stock declined 0.97% or $0.48 reaching $48.92 per share. About 197,471 shares traded. CSX Corporation (NYSE:CSX) has risen 97.18% since November 15, 2016 and is uptrending. It has outperformed by 80.48% the S&P500.

Analysts expect CSX Corporation (NASDAQ:CSX) to report $0.56 EPS on January, 16.They anticipate $0.07 EPS change or 14.29 % from last quarter’s $0.49 EPS. CSX’s profit would be $500.48M giving it 21.88 P/E if the $0.56 EPS is correct. After having $0.51 EPS previously, CSX Corporation’s analysts see 9.80 % EPS growth.

More notable recent CSX Corporation (NASDAQ:CSX) news were published by: Seekingalpha.com which released: “CSX Corporation’s (CSX) CEO Hunter Harrison on Q3 2017 Results – Earnings Call …” on October 18, 2017, also Cnbc.com with their article: “Cramer’s lightning round: Hold out for gains in CSX Corporation” published on October 27, 2017, Seekingalpha.com published: “The CSX Anomaly” on October 16, 2017. More interesting news about CSX Corporation (NASDAQ:CSX) were released by: Globenewswire.com and their article: “CSX Corporation Announces New Chief Operating Officer and Executive Management …” published on October 25, 2017 as well as Globenewswire.com‘s news article titled: “CSX Corporation Chief Financial Officer to Address Baird’s 2017 Global …” with publication date: November 01, 2017.

CSX Corporation (NASDAQ:CSX) Ratings Coverage

Among 29 analysts covering CSX Corporation (NYSE:CSX), 19 have Buy rating, 3 Sell and 7 Hold. Therefore 66% are positive. CSX Corporation had 86 analyst reports since August 13, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $64.0 target in Wednesday, September 6 report. The stock of CSX Corporation (NASDAQ:CSX) earned “Neutral” rating by UBS on Wednesday, January 13. On Thursday, June 16 the stock rating was initiated by Oppenheimer with “Market Perform”. The rating was downgraded by Deutsche Bank to “Hold” on Friday, January 20. As per Wednesday, January 25, the company rating was upgraded by UBS. The firm has “Buy” rating given on Monday, October 16 by UBS. The rating was maintained by Deutsche Bank on Monday, October 12 with “Hold”. Argus Research maintained the shares of CSX in report on Tuesday, January 19 with “Buy” rating. The rating was upgraded by Avondale on Friday, February 10 to “Market Outperform”. The stock of CSX Corporation (NASDAQ:CSX) earned “Sector Outperform” rating by Scotia Capital on Thursday, January 19.

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