Woodward Diversified Capital LLC Has $260,000 Holdings in CSX Co. (NASDAQ:CSX)

Woodward Diversified Capital LLC trimmed its stake in CSX Co. (NASDAQ:CSX) by 38.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,044 shares of the transportation company’s stock after selling 5,016 shares during the period. Woodward Diversified Capital LLC’s holdings in CSX were worth $260,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CSX. Valley Wealth Managers Inc. raised its position in shares of CSX by 177.8% during the third quarter. Valley Wealth Managers Inc. now owns 750 shares of the transportation company’s stock worth $26,000 after acquiring an additional 480 shares during the last quarter. Morton Brown Family Wealth LLC acquired a new stake in CSX during the 3rd quarter valued at approximately $31,000. Addison Advisors LLC increased its position in CSX by 348.5% during the 3rd quarter. Addison Advisors LLC now owns 1,045 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 812 shares during the period. Fortitude Family Office LLC raised its holdings in CSX by 43.4% during the 3rd quarter. Fortitude Family Office LLC now owns 1,110 shares of the transportation company’s stock worth $38,000 after purchasing an additional 336 shares during the last quarter. Finally, Synergy Asset Management LLC acquired a new position in shares of CSX in the 4th quarter worth approximately $41,000. 73.57% of the stock is owned by institutional investors.

CSX Trading Down 0.5 %

CSX opened at $32.59 on Friday. The firm has a market capitalization of $62.85 billion, a PE ratio of 18.21, a P/E/G ratio of 1.90 and a beta of 1.23. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.86 and a quick ratio of 1.23. CSX Co. has a fifty-two week low of $31.43 and a fifty-two week high of $40.12. The company’s 50-day moving average is $33.02 and its 200 day moving average is $33.86.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on CSX shares. Stephens reissued an “overweight” rating and set a $38.00 target price on shares of CSX in a research note on Friday, January 24th. Barclays lowered their price objective on CSX from $40.00 to $38.00 and set an “overweight” rating for the company in a research report on Friday, January 24th. Susquehanna cut their target price on CSX from $40.00 to $39.00 and set a “positive” rating on the stock in a research report on Wednesday, January 8th. Evercore ISI decreased their target price on CSX from $38.00 to $37.00 and set an “outperform” rating for the company in a research note on Thursday, October 17th. Finally, Loop Capital lowered CSX from a “buy” rating to a “hold” rating and dropped their price target for the company from $40.00 to $34.00 in a research note on Monday, February 3rd. Six investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $37.16.

CSX 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.