Aull Monroe Investment Management Corp buys $2,898,661 stake in CSX Corporation (CSX)

CSX Corporation (CSX) : Aull Monroe Investment Management Corp scooped up 1,800 additional shares in CSX Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 20, 2016. The investment management firm now holds a total of 105,291 shares of CSX Corporation which is valued at $2,898,661.CSX Corporation makes up approximately 1.71% of Aull Monroe Investment Management Corp’s portfolio.

CSX Corporation opened for trading at $27 and hit $27.62 on the upside on Friday, eventually ending the session at $27.53, with a gain of 2.72% or 0.73 points. The heightened volatility saw the trading volume jump to 1,26,16,733 shares. Company has a market cap of $26,315 M.

Other Hedge Funds, Including , Centurylink Investment Management Co boosted its stake in CSX in the latest quarter, The investment management firm added 12,727 additional shares and now holds a total of 43,538 shares of CSX Corporation which is valued at $1,198,601. CSX Corporation makes up approx 0.43% of Centurylink Investment Management Co’s portfolio.Dnb Asset Management As boosted its stake in CSX in the latest quarter, The investment management firm added 39,500 additional shares and now holds a total of 76,564 shares of CSX Corporation which is valued at $1,985,305. CSX Corporation makes up approx 0.04% of Dnb Asset Management As’s portfolio.British Columbia Investment Management Corp boosted its stake in CSX in the latest quarter, The investment management firm added 9,500 additional shares and now holds a total of 595,487 shares of CSX Corporation which is valued at $14,607,296. CSX Corporation makes up approx 0.14% of British Columbia Investment Management Corp’s portfolio.

On the company’s financial health, CSX Corporation reported $0.37 EPS for the quarter, based on the information available during the earnings call on Apr 12, 2016. Analyst had a consensus estimate of $0.37. The company had revenue of $2618.00 million for the quarter, compared to analysts expectations of $2680.81 million. The company’s revenue was down -13.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.45 EPS.

Many Wall Street Analysts have commented on CSX Corporation. Company shares were Reiterated by Cowen on Apr 14, 2016 to “Market Perform”, Firm has raised the Price Target to $ 28 from a previous price target of $25 .CSX Corporation was Downgraded by Morgan Stanley to ” Underweight” on Feb 23, 2016. CSX Corporation was Upgraded by BofA/Merrill to ” Buy” on Feb 22, 2016.

CSX Corporation (CSX) together with its subsidiaries is a transportation company. The Company provides rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers. The Company has three lines of business: merchandise business coal business and the intermodal business. The Company’s merchandise business transports aggregates (which include crushed stone sand and gravel) metal phosphate fertilizer food consumer (manufactured goods and appliances) agricultural automotive paper and chemical products. Its coal business transports domestic coal coke and iron ore to electricity-generating power plants steel manufacturers and industrial plants as well as export coal to deep-water port facilities. Through a network of around 50 terminals the intermodal business serves markets east of the Mississippi and transports manufactured consumer goods in containers providing truck-like services for longer shipments.

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