Norfolk Southern Corp (NYSE:NSC) Big Money Sentiment Is 0.75

June 27, 2018 - By Joshua Cleveland

Norfolk Southern Corporation (NYSE:NSC) Corporate Logo

Positions for Norfolk Southern Corp (NYSE:NSC)

“Big money sentiment for Norfolk Southern Corp (NYSE:NSC) in 2018 Q1 decreased to 0.75, revealed SEC filings. So its down -0.08, from 2017Q4’s 0.83. 322 funds increased or opened new equity positions, while 428 sold and decreased equity positions in Norfolk Southern Corp so the sentiment has dropped. These funds own 198.67 million shares, that’s up from 197.25 million shares in 2017Q4. Funds holding Norfolk Southern Corp in top 10 was flat from 16 to 16 for the same number . 53 Investors Sold All; 375 Reduced Holdings; 228 increased stakes while 94 funds bought stakes.

Largest Norfolk Southern Corp Shareholders

Csu Producer Resources Inc. owns 21,400 shares in Norfolk Southern Corp as of 2018 Q1. As of 2018 Q1, 413,561 shares of Norfolk Southern Corp are owned by Wilbanks Smith & Thomas Asset Management Llc. M. Kraus & Co reported 48,710 shares. London Co Of Virginia revealed 3.23 million shares position in Norfolk Southern Corp. The Ohio-based fund Cincinnati Financial Corp holds 587,687 shares or 3.48% of their US long stock exposure.

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States.The company has $42.68 billion market cap. It also transports overseas freight through various Atlantic and Gulf Coast ports.7.9 is the P/E ratio. In addition, the firm is involved in the operation of scheduled passenger trains; leasing or sale of rail property and equipment; development of commercial real estate; telecommunications; and the acquisition, leasing, and management of coal, oil, gas, and minerals, as well as the transport of automotive and industrial products.

The stock decreased 0.77% or $1.17 during the last trading session, hitting $151.06.Norfolk Southern Corporation has 2.40M shares volume, 35.70% up from normal. NSC is uptrending and has moved 27.76% since June 27, 2017. NSC outperformed by 15.19% the S&P 500.

Investors wait Norfolk Southern Corporation (NYSE:NSC)’s quarterly earnings on July, 25., RTT reports. earnings per share of $2.24 is 30.99 % up from 2017’s $1.71 EPS. NSC’s profit could reach $632.90M if the current earnings per share of $2.24 is accurate. Analysts at Wall Street see Norfolk Southern Corporation’s 16.06 % EPS growth compared to $1.93 earnings per share for last quarter.

5,822 were accumulated by Captrust Financial Advisors. Cleararc Capital owns 7,238 shs. Virginia Retirement Systems Et Al has 0.26% invested in Norfolk Southern Corporation (NYSE:NSC) for 156,600 shs. Florida-based Cypress Cap has invested 0.05% in Norfolk Southern Corporation (NYSE:NSC). Howland Mgmt Lc has 0.02% invested in Norfolk Southern Corporation (NYSE:NSC) for 2,216 shs. Great West Life Assurance Can reported 211,749 shs. 40,531 were accumulated by Creative Planning. Argi Investment Services Limited Liability Corp reported 2,044 shs. Baystate Wealth Limited owns 0.01% invested in Norfolk Southern Corporation (NYSE:NSC) for 416 shs. Skylands Ltd Liability holds 75,350 shs or 1.35% of its capital. Lombard Odier Asset (Europe) Limited holds 3,082 shs. Vestor Cap Limited Company holds 2.37% of its capital in Norfolk Southern Corporation (NYSE:NSC) for 84,268 shs. First Trust L P stated it has 149,573 shs or 0.05% of all its holdings. Ingalls And Snyder Ltd Limited Liability Company, a New York-based fund reported 5,599 shs. Moreover, Andra Ap has 0.06% invested in Norfolk Southern Corporation (NYSE:NSC).

Norfolk Southern Corporation had 8 insider sales and 0 insider buys since February 1, 2018. This’s net activity of $4.08 million. The insider Earhart Cynthia C sold $994,340. On Wednesday, May 16 a trade for 2,000 shs valued at $302,661 was made by Wheeler Michael Joseph. 10,000 shs were sold by Squires James A, worth $1.50M on Thursday, February 1.

Norfolk Southern Corporation (NYSE:NSC) Ratings Coverage

In total 16 analysts cover Norfolk Southern (NYSE:NSC). “Buy” rating has 6, “Sell” are 2, while 8 are “Hold”. (NYSE:NSC) has 38% bullish analysts. With $192 highest and $100 lowest target price, Norfolk Southern has $157.67 average target price or 4.38% above the current ($151.06) price. 27 are the (NYSE:NSC)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Thursday, January 25 Morgan Stanley maintained Norfolk Southern Corporation (NYSE:NSC) with “Underweight” rating. In Wednesday, April 25 report RBC Capital Markets maintained the stock with “Hold” rating. On Thursday, April 26 Credit Suisse maintained Norfolk Southern Corporation (NYSE:NSC) rating. Credit Suisse has “Outperform” rating and $165 target. On Thursday, January 25 the firm earned “Hold” rating by Robert W. Baird. On Thursday, January 25 the stock of Norfolk Southern Corporation (NYSE:NSC) has “Neutral” rating given by JP Morgan. On Wednesday, February 28 Cowen & Co maintained Norfolk Southern Corporation (NYSE:NSC) with “Buy” rating. In Tuesday, April 10 report RBC Capital Markets maintained it with “Hold” rating and $14500 target. On Thursday, May 24 the firm has “Hold” rating given by Stifel Nicolaus. The stock rating was upgraded by Citigroup to “Buy” on Monday, June 25. In Thursday, April 26 report UBS maintained the stock with “Buy” rating.

More recent Norfolk Southern Corporation (NYSE:NSC) news were released by Globenewswire.com, Benzinga.com and Forbes.com. The first one has “Recent Analysis Shows Public Storage, Arconic, Apartment Investment and Management, Kinder Morgan, Norfolk …” as a title and was released on June 25, 2018. The next is “Benzinga’s Top Upgrades, Downgrades For June 25, 2018” on June 25, 2018. And last was released on June 21, 2018, called “A Quick Snapshot Of Norfolk Southern’s Chemical Freight Segment”.

Norfolk Southern Corporation (NYSE:NSC) Institutional Investors Chart

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