Saturna Capital CORP Has $40.30 Million Stake in Norfolk Southern Corp. (NSC)


Norfolk Southern Corp (Put) now has $39.78B valuation. (NYSE:NSC) by 4.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. BB&T Investment Services Inc. purchased a new position in shares of Norfolk Southern in the 2nd quarter valued at about $287,000. It is positive, as 43 investors sold NSC shares while 347 reduced holdings. Finally, Pineno Levin & Ford Asset Management Inc. increased its position in shares of Norfolk Southern by 0.4% in the second quarter. Commonwealth Bank of Australia now owns 1,277,777 shares of the railroad operator's stock valued at $168,353,000 after acquiring an additional 1,235,488 shares in the last quarter.

Freshford Capital Management Llc increased Twenty First Centy Fox Inc (FOX) stake by 31.44% reported in 2017Q2 SEC filing. Curbstone Financial Management Corp now owns 8,298 shares of the railroad operator's stock valued at $1,097,000 after purchasing an additional 4,271 shares in the last quarter. Korea Investment CORP increased its stake in shares of Norfolk Southern by 7.8% in the 2nd quarter. FMR LLC now owns 6,618,986 shares of the railroad operator's stock worth $805,530,000 after buying an additional 762,416 shares during the last quarter.

ILLEGAL ACTIVITY WARNING: "Norfolk Southern Corp". BlackRock Inc. now owns 20,251,999 shares of the railroad operator's stock valued at $2,464,667,000 after acquiring an additional 700,567 shares in the last quarter. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued. Institutional investors own 70.02% of the company's stock. Also, VP Thomas E. Hurlbut sold 6,175 shares of the company's stock in a transaction on Wednesday, November 22nd. Meanwhile, the average 12-month price target from Wall Street analysts is now $132.61, this means that the stock is overpriced by -4.698%.

The Price to book ratio is the current share price of a company divided by the book value per share.

In related news, VP Thomas E. Hurlbut sold 6,175 shares of the firm's stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $116.54, for a total transaction of $93,465.08. Following the completion of the sale, the vice president now directly owns 6,370 shares of the company's stock, valued at approximately $858,102.70. The disclosure for this sale can be found here. Its last month's stock price volatility remained 1.67% which for the week approaches 1.73%. "(NSC)" was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. BMO Capital Markets maintained Norfolk Southern Corporation (NYSE:NSC) rating on Thursday, September 14.

Norfolk Southern (NYSE NSC) opened at $138.84 on Monday. They set a "neutral" rating and a $126.00 price objective on the stock. ValuEngine upgraded Norfolk Southern from a "hold" rating to a "buy" rating in a research note on Friday, September 1st. Stephens maintained the shares of MSL in report on Tuesday, August 1 with "Buy" rating. Of the analysts who provided ratings, 9 rated the company a Hold, 2 rated it a Strong Sell, and 6 rated it a Strong Buy. Norfolk Southern has a consensus rating of "Hold" and a consensus price target of $127.62. The legal version of this piece of content can be read at NSC has risen 5.86% in the 1-month period. The number of shares that were traded during the day was 2.26 million, which corresponds to its 3-month volume average of 1.51 million shares a day.

In the past 52 weeks the company's stock price has moved within the range of $105.16 to $141.81. The stock has a market cap of $36.08 billion, a price-to-earnings ratio of 21.42 and a beta of 1.24.

Turning to The Western Union Company (NYSE:WU), its shares were trading at $19.55 a retreat of $-0.16, on the trading floor. (NasdaqGS:GNCM.A) is -0.061070. This is calculated by taking the earnings per share and dividing it by the last closing share price. The railroad operator reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.11. Norfolk Southern Corp.'s dividend payout ratio is now 43.42%. Higher percentages mean that the company is better at using its assets. The railroad operator reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.11.

CME Group Inc. most recently reported earnings per share (EPS) of $1.19 for the September 2017 versus $1.05 in the same quarter previous year, representing 13% growth. This buyback authorization permits the railroad operator to repurchase shares of its stock through open market purchases. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Friday, November 3rd will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Thursday, November 2nd. Norfolk Southern's dividend payout ratio is now 38.36%. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States & worldwide copyright law.



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