Norfolk Southern Corporation (NYSE:NSC)'s Trend Up, Especially After Decreased Shorts

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29 May, 2017

Personal Capital Advsrs Corporation holds 0.83% or 257,023 shares. Norfolk Southern Corp. The business's revenue was up 6.4% compared to the same quarter past year. The stock rose 2.11% or $2.53 reaching $122.3. About 2.75 million shares traded or 58.05% up from the average. Stifel Nicolaus lifted their price objective on Norfolk Southern Corp. from $114.00 to $122.00 and gave the company a "hold" rating in a research report on Monday, May 1st. It has outperformed by 17.62% the S&P500. First Heartland Consultants Inc reported 0.11% of its portfolio in Norfolk Southern Corp. Savant Capital LLC now owns 5,537 shares of the railroad operator's stock valued at $537,000 after buying an additional 16 shares during the period. Eventide Asset Management Ltd Liability Corp invested in 0.02% or 2,700 shares. Cigna Corporation now has $41.22 billion valuation. MCF Advisors LLC now owns 949 shares of the railroad operator's stock worth $106,000 after buying an additional 227 shares during the period.

About 31,253 shares traded. Norfolk Southern Corp now has $36.21 billion valuation. It has outperformed by 0.18% the S&P500. Investors of record on Friday, May 5th will be issued a $0.61 dividend. Its down 0.09, from 0.9 in 2016Q3.

Public Employees Retirement Association of Colorado reduced its position in shares of Norfolk Southern Corp. D Orazio & Associates Inc. raised its stake in Norfolk Southern Corp.by 0.5% in the first quarter. The railroad operator reported $1.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.36 by $0.12. (NYSE:NSC). Inv Centers Of America reported 5,333 shares. Forward Limited Liability Corporation holds 10,218 shares. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.99%. Bender Robert Assocs accumulated 5,055 shares. The New York-based Pointstate Cap Lp has invested 0.36% in Norfolk Southern Corp.

A number of other large investors have also bought and sold shares of NSC. 254,893 are held by Westfield Capital Lp. Senator Invest Grp Inc LP reported 1.70M shares stake. Eaton Vance Mngmt owns 732,313 shares. Talara Capital Management Llc sold 12,752 shares as Norfolk Southern Corp (NSC)'s stock declined 7.75%.

Several analysts have issued reports on NSC shares. Following the sale, the vice president now owns 5,102 shares in the company, valued at approximately $596,525.84. Moreover, Umb Fincl Bank N A Mo has 0.06% invested in Norfolk Southern Corp. (NYSE:NSC). Petrus Tru Company Lta holds 41,970 shares. Saturna Capital reported 383,500 shares stake. Hall Laurie J Trustee owns 20,413 shares.

Since January 26, 2017, it had 0 buys, and 13 insider sales for $6.66 million activity. 34,417 shares valued at $4.12M were sold by Squires James A on Thursday, January 26. Norfolk Southern Corp. Norfolk Southern Corp.'s quarterly revenue was up 6.4% compared to the same quarter a year ago. 607 shares were sold by Hurlbut Thomas E, worth $71,784. (NYSE:NSC) shares with value of $117 were sold by Galanko William Andrew.

Norfolk Southern Corporation is a holding firm engaged in the rail transportation business. Another trade for 1 shares valued at $119 was sold by BUSH WESLEY G. Norfolk Southern Corp. has a 1-year low of $78.73 and a 1-year high of $125.00.

The company's consensus rating is now Hold, with 7 analysts rating it a Strong Buy, and 9 analysts rating it with a Hold. Therefore 0 are positive. Norfolk Southern Corp. had 47 analyst reports since July 28, 2015 according to SRatingsIntel. On Friday, July 31 the stock rating was downgraded by Argus Research to "Hold". The rating was upgraded by Jefferies to "Buy" on Friday, January 8. SRS Capital Advisors Inc. acquired a new stake in Norfolk Southern Corp. during the fourth quarter valued at $106,000. The firm has "Neutral" rating by Citigroup given on Tuesday, September 13. More interesting news about Norfolk Southern Corp. (NYSE:NSC) was sold by Shaw Alan H. on Wednesday, November 16. Deutsche Bank has "Hold" rating and $84 target. The firm earned "Outperform" rating on Monday, May 8 by RBC Capital Markets. The company is set at a mean analysts' recommendation of 2.10. Norfolk Southern Corp. The company had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.55 billion. The firm has "Underperform" rating given on Monday, November 2 by Macquarie Research. The company has an average rating of "Hold" and an average target price of $106.06. On Thursday, August 11 the stock rating was initiated by Atlantic Securities with "Neutral". The company was maintained on Thursday, October 29 by RBC Capital Markets. As per Thursday, January 28, the company rating was maintained by Cowen & Co. They issued an "outperform" rating on the stock. McCarthy Thomas A sold $654,155 worth of CIGNA Corporation (NYSE:CI) on Monday, February 27. STEWART MARTA R sold $291,676 worth of stock.

Beta factor of the stock stands at 1.21. $256,388 worth of 3M Co (NYSE:MMM) was sold by Lindekugel Jon T on Wednesday, May 3. On average, equities research analysts forecast that Norfolk Southern Corp. will post $6.34 earnings per share for the current fiscal year.

Investors sentiment increased to 1 in 2016 Q4. Its down 0.09, from 0.9 in 2016Q3. It is positive, as 53 investors sold CI shares while 249 reduced holdings. (NASDAQ:JKHY). Hollencrest Limited Liability invested in 0.06% or 4,564 shares. (NYSE:NSC). Goelzer Management has 6,551 shares for 0.09% of their portfolio. Symphony Asset Management Llc owns 353,668 shares or 0.55% of their United States portfolio. Argent Trust reported 2.87% stake. Commercial Bank Of Nova Scotia invested in 0% or 6,574 shares. Congress Asset Mngmt Ma stated it has 0.1% of its portfolio in 3M Co (NYSE:MMM).

Analog Devices, Inc. (NASDAQ:ADI) stock price escalated 0.57% to finalize at $82.81 throughout previous buying and selling session. 48,554 are owned by Bnp Paribas Arbitrage Sa. Mechanics Bancshares Department holds 0.12% or 3,720 shares in its portfolio. Synovus Financial reported 0.13% of its portfolio in 3M Co (NYSE:MMM).


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