Lion Street Advisors LLC Sells 377 Shares of CSX Co. (NASDAQ:CSX)

Lion Street Advisors LLC lowered its holdings in CSX Co. (NASDAQ:CSX) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,032 shares of the transportation company’s stock after selling 377 shares during the period. Lion Street Advisors LLC’s holdings in CSX were worth $291,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Avior Wealth Management LLC grew its stake in shares of CSX by 2.5% in the third quarter. Avior Wealth Management LLC now owns 11,790 shares of the transportation company’s stock valued at $407,000 after buying an additional 293 shares in the last quarter. Lake Street Advisors Group LLC lifted its stake in CSX by 1.8% in the third quarter. Lake Street Advisors Group LLC now owns 17,246 shares of the transportation company’s stock valued at $595,000 after acquiring an additional 306 shares during the last quarter. Rehmann Capital Advisory Group grew its position in shares of CSX by 1.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 23,990 shares of the transportation company’s stock valued at $830,000 after acquiring an additional 306 shares during the period. J.W. Cole Advisors Inc. increased its stake in shares of CSX by 0.9% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 35,401 shares of the transportation company’s stock worth $1,222,000 after purchasing an additional 309 shares during the last quarter. Finally, Associated Banc Corp raised its holdings in shares of CSX by 0.6% in the 3rd quarter. Associated Banc Corp now owns 55,534 shares of the transportation company’s stock valued at $1,918,000 after purchasing an additional 310 shares during the period. Institutional investors own 73.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Stephens reiterated an “overweight” rating and set a $38.00 price target on shares of CSX in a report on Friday, January 24th. Benchmark reissued a “buy” rating and set a $38.00 target price on shares of CSX in a report on Monday, January 27th. BMO Capital Markets dropped their price target on CSX from $40.00 to $38.00 and set an “outperform” rating on the stock in a research note on Friday, January 24th. Loop Capital cut shares of CSX from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $40.00 to $34.00 in a research report on Monday. Finally, Evercore ISI dropped their price objective on shares of CSX from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Thursday, October 17th. Six equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, CSX currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.16.

CSX Stock Performance

NASDAQ:CSX opened at $32.88 on Thursday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.23 and a current ratio of 0.86. CSX Co. has a fifty-two week low of $31.43 and a fifty-two week high of $40.12. The company has a market cap of $63.41 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 1.90 and a beta of 1.23. The stock has a fifty day moving average price of $33.17 and a 200-day moving average price of $33.87.

CSX (NASDAQ:CSX) last announced its quarterly earnings data on Thursday, January 23rd. The transportation company reported $0.42 earnings per share (EPS) 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%. As a group, equities analysts anticipate that CSX Co. will post 1.88 EPS for the current fiscal year.

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.