Monitor High Dividend Stock: CSX Corporation (CSX) Yielding 1.53%

Wednesday, 14 Mar, 2018

First Midwest Bank Trust Division sold 17,210 shares as Csx Corp (CSX)'s stock rose 3.79%. First Command Financial Services Inc. now owns 2,123 shares of the transportation company's stock valued at $117,000 after acquiring an additional 1,200 shares in the last quarter. British Columbia Investment Management Corp who had been investing in Csx Corp for a number of months, seems to be bullish on the $51.25B market cap company. The stock increased 1.93% or $0.35 during the last trading session, reaching $18.45.

Sessa Capital Im Lp, which manages about $171.01M and $908.16M US Long portfolio, decreased its stake in Gnc Hldgs Inc (NYSE:GNC) by 1.10M shares to 500,000 shares, valued at $4.42M in 2017Q3, according to the filing. Monsanto Company (NYSE:MON) has risen 15.46% since March 12, 2017 and is uptrending. It has outperformed by 25.67% the S&P500.

Among 31 analysts covering CSX Corporation (NYSE:CSX), 19 have Buy rating, 3 Sell and 9 Hold. Therefore 52% are positive. BRF S.A. had 12 analyst reports since September 16, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with "Buy" rating in Tuesday, January 9 report. UBS Group set a $72.00 price objective on CSX and gave the stock a "buy" rating in a research note on Friday, March 2nd. The stock of Monsanto Company (NYSE:MON) earned "Hold" rating by Jefferies on Tuesday, October 17. Citigroup maintained CSX Corporation (NASDAQ:CSX) rating on Friday, October 2. The company was initiated on Thursday, May 19 by CLSA. Zacks Investment Research upgraded CSX from a hold rating to a buy rating and set a $65.00 target price on the stock in a research report on Friday, January 19th.

Analysts believe that the company has the potential to earn average revenue of $2.8 Billion for the current quarter. The stock has "Sector Perform" rating by Scotia Capital on Friday, January 12.

CSX (NASDAQ:CSX) last issued its quarterly earnings results on Tuesday, January 16th.

This is an increase from CSX's previous quarterly dividend of $0.20. 881.34 million shares or 0.46% more from 877.29 million shares in 2017Q2 were reported.

Several hedge funds have recently bought and sold shares of CSX. Millennium Management LLC raised its position in CSX by 615.0% in the 4th quarter. 612.12 million shares or 2.65% less from 628.79 million shares in 2017Q2 were reported. Oskie Capital Mngmt Limited Liability Company has 60,800 shares. Cbre Clarion Ltd has invested 0% in CSX Corporation (NASDAQ:CSX). Whittier Trust has invested 0.06% in CSX Corporation (NASDAQ:CSX). Icon Wealth Partners LLC bought a new stake in shares of CSX during the fourth quarter valued at approximately $126,000. Commonwealth National Bank Of Australia reported 60,076 shares or 0.03% of all its holdings. Augustine Asset Management, Florida-based fund reported 31,161 shares.

CSX Corp. (NASDAQ:CSX) touched its 1-Year High price of $60.04 on 01/16/18 and its 1-Year Low price of $45.41 on 03/21/17. Kanawha Ltd Liability Company holds 0.04% in CSX Corporation (NASDAQ:CSX) or 4,792 shares. 200 are held by Horan Advsr Ltd Liability. The transportation company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.08. Robeco Institutional Asset Management Bv owns 208,563 shares. Cedar Hill Assoc Ltd reported 0.05% in CSX Corporation (NASDAQ:CSX). Thompson Invest Management stated it has 0.99% of its portfolio in CBS Corporation (NYSE:CBS).

Investors sentiment decreased to 1.46 in 2017 Q3. It has a dividend yield of 1.53%. It is positive, as 23 investors sold NOW shares while 115 reduced holdings. 84 funds opened positions while 244 raised stakes. The company had a trading volume of 5,939,967 shares, compared to its average volume of 7,590,000. MIZELL STEVEN also sold $966,720 worth of Monsanto Company (NYSE:MON) shares. California Employees Retirement Sys stated it has 0.06% in ServiceNow, Inc. Factory Mutual Insur holds 0.25% or 291,092 shares. (NYSE:NOW) for 96,456 shares. Parametric Portfolio Associates LLC grew its holdings in shares of CSX by 4.5% in the third quarter. Bridgeway Capital Inc stated it has 68,000 shares or 0.09% of all its holdings. First Manhattan holds 0.05% or 112,684 shares. Neuberger Berman Gp Ltd Liability Corporation has invested 0.03% of its portfolio in ServiceNow, Inc. It also increased its holding in Liberty Interactive Corp by 58,707 shares in the quarter, for a total of 1.54 million shares, and has risen its stake in Danaher Corp Del (NYSE:DHR). The Ontario - Canada-based Royal Comml Bank Of Canada has invested 0% in Epizyme, Inc. (NYSE:NOW). Arrowstreet Ltd Partnership has invested 0% in ServiceNow, Inc. (NYSE:WMT). 352,417 are held by Deprince Race Zollo Inc. Emerald Mutual Fund Advisers has 1,720 shares.

BidaskClub upgraded shares of CSX (NASDAQ:CSX) from a sell rating to a hold rating in a research note released on Tuesday, March 6th. Therefore 61% are positive. Deutsche Bank maintained Walmart Inc. (NYSE:WMT) rating on Thursday, May 19. The rating was maintained by RBC Capital Markets with "Buy" on Friday, August 4.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 8.78%, and has a solid year to date (YTD) performance of 5.44% which means that the stock is constantly adding to its value from the previous fiscal year end price. The stock has "Outperform" rating by Wedbush on Friday, February 12. Cowen & Co maintained ServiceNow, Inc. The stock of CSX Corporation (NASDAQ:CSX) has "Hold" rating given on Friday, July 15 by Stifel Nicolaus. State Of Alaska Department Of Revenue reported 15,867 shares. The stock of Walmart Inc. The firm earned "Buy" rating on Monday, October 16 by UBS. As per Friday, June 23, the company rating was initiated by JP Morgan. The company was maintained on Monday, October 5 by Barclays Capital.

Stephens Inc, which manages about $6.58B and $2.77B US Long portfolio, upped its stake in General Mls Inc (NYSE:GIS) by 18,749 shares to 137,544 shares, valued at $7.12M in 2017Q3, according to the filing.