Analyst's Rated Stock: CSX Corp. (CSX)

Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 68,086,719 shares of the stock are valued at $3.32 billion. Toronto Dominion Bank owns 25,916 shares worth $1,416,000. The other 17, though not evenly; between analysts who think you should buy eBay Inc. versus those who think you should sell it. Of the analysts surveyed by Reuters that track CSX Corporation 8 of them rate its stock a hold. OZ Management LP now owns 4,094,353 shares of the transportation company's stock valued at $190,592,000 after buying an additional 2,976,497 shares during the period. Janus Capital Management LLC raised its position in CSX Corporation by 32.9% in the first quarter. Akre Capital Management LLC grew its holdings by buying 33,882 shares an increase of 691.6% in the quarter. The Stoneridge Investment Partners Llc holds 141,091 shares with $5.07 million value, down from 257,689 last quarter. As of the end of the quarter Cookson Peirce & Co Inc had acquired 2,510 shares growing its position 3.9%. This represents a $0.80 annualized dividend and a dividend yield of 1.64%. MCF Advisors LLC now owns 2,832 shares of the transportation company's stock worth $132,000 after buying an additional 9 shares in the last quarter. Investors measure stock performance on the basis of a company's earnings power. (NASDAQ:CSX) shares saw light trading volume with 5,721K shares changing hands on Tuesday. In a transaction dated March 07, 2017, the shares were put up for sale at an average price of $48.57, raking in a sum of $84,000,746.

Shares are trading at $48.78 impressively lower than $51.73, the stock's 50 day moving average and a tad under the 200 day moving average of $50.30. CSX Corporation has a 52-week low of $27.89 and a 52-week high of $55.48.

The P/E ratio is now 25.47 and the market cap of the company is 44.48B. The value of the total investment in CSX Corporation decreased from $152,000 to $148,000 a change of 2.6% since the last quarter. Over the last three months, the shares of the company have changed -3.18% and performed 0.49% over the last six months. It has a return on equity (ROE) of 15.30%.

While looking at the Stock's Performance, CSX Corp. now shows a Weekly Performance of -2.96%, where Monthly Performance is -4.11%, Quarterly performance is -3.18%, 6 Months performance is 0.49% and yearly performance percentage is 70.14%. During the same quarter in the previous year, the firm earned $0.47 earnings per share. The business's quarterly revenue was up 8.5% compared to the same quarter past year.

CSX is now undervalued by -15.79% relative to the average 1-year price target of $57.83 taken from a group of Wall Street Analysts.

CSX Corporation announced that its Board of Directors has approved a stock buyback plan on Tuesday, July 18th that authorizes the company to repurchase $500.00 million in shares. The ex-dividend date will be Friday May 26th, 2017.

Director, Mantle Ridge Lp, sold 1,729,478 common shares of CSX Corporation (CSX) in the open market.

Other equities research analysts have also recently issued reports about the stock.

08/01/2017 - CSX Corporation had its "buy" rating reiterated by analysts at Deutsche Bank. It fall, as 43 investors sold CSX shares while 320 reduced holdings. Cowen & Co maintained CSX Corporation (NASDAQ:CSX) on Friday, October 14 with "Outperform" rating. Aegis raised shares of CSX Corporation from a hold rating to a buy rating and raised their target price for the stock from $50.00 to $64.00 in a research report on Friday, April 21st.

CSX Corp. was covered by a number of analysts recently, 10 rated the stock as Buy, 8 rated Hold, 0 rated sell and 0 gave an Underperform. Director Ridge Lp Mantle purchased 1,357,000 shares at an average price of $51.59 on Friday the 21st. The total value of its holdings increased 343.4%. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

CSX Corporation, launched on November 15, 1978, is a transportation company.

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