Xact Kapitalforvaltning AB Acquires 9327 Shares of CSX Co. (CSX)

Sunday, 15 Apr, 2018

Connors Investor Services Inc acquired 9,700 shares as Csx (CSX)'s stock declined 0.55%. The hedge fund run by Louis Navellier held 15,375 shares of the health care company at the end of 2017Q4, valued at $865,000, down from 46,975 at the end of the previous reported quarter. Csx now has $49.32 billion valuation.

CSX stock traded down $0.58 during midday trading on Friday, hitting $54.71. About 10.05M shares traded. CSX Corporation (NYSE:CSX) has risen 18.37% since April 15, 2017 and is uptrending. It has outperformed by 6.82% the S&P500.

Ben Gambill decreased its stake in Csx Corp (CSX) by 89.04% based on its latest 2017Q4 regulatory filing with the SEC. Southeastern Asset Management Inc sold 9.82 million shares as Chesapeake Energy Corporation (CHK)'s stock declined 23.38%. The Cramer Rosenthal Mcglynn Llc holds 935,464 shares with $51.46M value, down from 1.04 million last quarter. Chesapeake Energy Corporation now has $2.81B valuation. The stock increased 0.76% or $0.43 during the last trading session, reaching $57.17. Chesapeake Energy Corporation (NYSE:CHK) has declined 42.83% since April 14, 2017 and is downtrending. It has underperformed by 5.65% the S&P500.

Investors sentiment increased to 0.8 in 2017 Q4. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.01 and a quick ratio of 0.81. It dropped, as 44 investors sold CHK shares while 110 reduced holdings. Old Republic Intll Corporation, Illinois-based fund reported 3.67 million shares. Moreover, Northwestern Mutual Wealth Mgmt Commerce has 0.03% invested in CSX Corporation (NASDAQ:CSX) for 86,599 shares. Finally, Pinebridge Investments L.P. raised its stake in CSX by 93.7% during the fourth quarter. New England Rech And Mgmt holds 27,665 shares. TD Securities raised their target price on shares of CSX from $60.00 to $62.00 and gave the company a "hold" rating in a research note on Wednesday, January 17th. 65,000 shares were sold by HAMMERGREN JOHN H, worth $10.40 million. Federated Pa reported 0% stake. Cigna Corporation (NYSE:CI) was reduced too. Lazard Asset Ltd invested in 0.06% or 618,233 shares. Tobam invested in 0.79% or 330,429 shares. New York-based Van Eck Associates has invested 0.24% in McKesson Corporation (NYSE:MCK). 939,300 are held by Pomelo Cap Limited Liability Corporation. 38,393 were reported by Sigma Planning. Therefore 45% are positive. Chesapeake Energy Corporation had 96 analyst reports since July 21, 2015 according to SRatingsIntel. M&T Bank Corp now owns 229,184 shares of the transportation company's stock valued at $12,608,000 after purchasing an additional 993 shares during the period. The rating was initiated by Mizuho with "Neutral" on Tuesday, December 20. The stock of McKesson Corporation (NYSE:MCK) has "Mkt Perform" rating given on Tuesday, January 12 by Raymond James. The rating was downgraded by RBC Capital Markets on Thursday, June 9 to "Underperform". TD Securities maintained Exxon Mobil Corporation (NYSE:XOM) rating on Thursday, August 6. The firm has "Buy" rating by UBS given on Wednesday, January 17. The firm has "Hold" rating by Societe Generale given on Wednesday, September 30. Scotiabank set a $63.00 target price on shares of CSX and gave the company a "hold" rating in a research note on Wednesday, January 17th. The rating was maintained by Macquarie Research on Thursday, February 25 with "Neutral".

CSX (NASDAQ:CSX) last posted its quarterly earnings results on Tuesday, January 16th. They expect $1.23 earnings per share, up 29.47% or $0.28 from last year's $0.95 per share. CSX's profit will be $585.57M for 21.06 P/E if the $0.66 EPS becomes a reality. After $0.30 actual EPS reported by Chesapeake Energy Corporation for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and seventeen have assigned a buy rating to the company's stock. Therefore 61% are positive. McKesson Corporation had 81 analyst reports since July 31, 2015 according to SRatingsIntel. Stifel Nicolaus upgraded it to "Buy" rating and $35 target in Thursday, August 27 report. RBC Capital Markets maintained it with "Outperform" rating and $37 target in Wednesday, September 2 report. The firm earned "Neutral" rating on Friday, December 4 by Bank of America. Deutsche Bank downgraded it to "Hold" rating and $153 target in Friday, October 28 report. The stock has "Underweight" rating by Morgan Stanley on Monday, October 2. Scotia Capital has 869,603 shares. The stock of CSX Corporation (NASDAQ:CSX) has "Buy" rating given on Friday, December 1 by UBS. UBS has "Buy" rating and $68.0 target.

Blue Chip Partners Inc increased Vanguard Scottsdale Fds (VCIT) stake by 15,963 shares to 356,214 valued at $31.13M in 2017Q4. The fund owned 50,699 shares of the transportation company's stock after selling 193,622 shares during the quarter. It's up 0.14, from 0.66 in 2017Q3. 125 funds opened positions while 589 raised stakes.

Caledonia Investments Plc, which manages about $363.81M US Long portfolio, decreased its stake in Bristow Group Inc (NYSE:BRS) by 1.37 million shares to 1.45M shares, valued at $19.52M in 2017Q4, according to the filing. Tru Of Toledo Na Oh reported 0.1% stake. Thompson Siegel And Walmsley Llc invested 0% in CSX Corporation (NASDAQ:CSX). State Board Of Administration Of Florida Retirement Sys holds 1.29M shares or 0.19% of its portfolio. During the same quarter in the previous year, the business earned $0.49 earnings per share. research analysts expect that CSX Co. will post 3.1 earnings per share for the current year. Fairfax Ltd Can has 15,000 shares. Private Advisor Ltd Liability invested in 0.06% or 25,750 shares. (NYSE:MRK). Lpl Fin Ltd accumulated 728,238 shares. Pittenger & Anderson Incorporated has 58,743 shares.

Other large investors have also recently made changes to their positions in the company. Ifc Holding Fl invested 0.35% of its portfolio in Exxon Mobil Corporation (NYSE:XOM).

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