CSX Co. (NASDAQ:CSX) Shares Bought by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. grew its holdings in shares of CSX Co. (NASDAQ:CSX) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 339,453 shares of the transportation company’s stock after purchasing an additional 8,394 shares during the period. GHP Investment Advisors Inc.’s holdings in CSX were worth $10,954,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Avior Wealth Management LLC grew its holdings in CSX by 2.5% during the third quarter. Avior Wealth Management LLC now owns 11,790 shares of the transportation company’s stock worth $407,000 after acquiring an additional 293 shares during the period. Lake Street Advisors Group LLC grew its holdings in CSX by 1.8% during the third quarter. Lake Street Advisors Group LLC now owns 17,246 shares of the transportation company’s stock worth $595,000 after acquiring an additional 306 shares during the period. Rehmann Capital Advisory Group grew its holdings in CSX by 1.3% during the third quarter. Rehmann Capital Advisory Group now owns 23,990 shares of the transportation company’s stock worth $830,000 after acquiring an additional 306 shares during the period. J.W. Cole Advisors Inc. grew its holdings in CSX by 0.9% during the third quarter. J.W. Cole Advisors Inc. now owns 35,401 shares of the transportation company’s stock worth $1,222,000 after acquiring an additional 309 shares during the period. Finally, Associated Banc Corp grew its holdings in CSX by 0.6% during the third quarter. Associated Banc Corp now owns 55,534 shares of the transportation company’s stock worth $1,918,000 after acquiring an additional 310 shares during the period. 73.57% of the stock is owned by institutional investors and hedge funds.

CSX Stock Up 0.0 %

CSX opened at $32.88 on Thursday. CSX Co. has a fifty-two week low of $31.43 and a fifty-two week high of $40.12. The business has a 50-day moving average of $33.10 and a 200-day moving average of $33.87. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.86 and a quick ratio of 1.23. The company has a market capitalization of $63.41 billion, a PE ratio of 18.37, a price-to-earnings-growth ratio of 1.90 and a beta of 1.23.

CSX (NASDAQ:CSX) last posted its quarterly earnings results on Thursday, January 23rd. The transportation company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). CSX had a return on equity of 28.15% and a net margin of 23.95%. Equities research analysts forecast that CSX Co. will post 1.88 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CSX has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their price target on CSX from $36.00 to $34.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. JPMorgan Chase & Co. decreased their price target on CSX from $38.00 to $37.00 and set an “overweight” rating for the company in a research report on Friday, January 24th. Barclays decreased their price target on CSX from $40.00 to $38.00 and set an “overweight” rating for the company in a research report on Friday, January 24th. Citigroup decreased their price target on CSX from $40.00 to $39.00 and set a “buy” rating for the company in a research report on Friday, January 24th. Finally, Evercore ISI decreased their price target on CSX from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Thursday, October 17th. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, CSX presently has a consensus rating of “Moderate Buy” and an average target price of $37.16.

CSX Company Profile

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.