<div id="readability-page-1"><p>Rhumbline Advisers trimmed its stake in shares of  CSX Co. (NASDAQ:CSX - Free Report) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor  owned 3,479,877 shares of the transportation company's stock after selling 87,160 shares during the quarter. Rhumbline Advisers owned about 0.18% of CSX worth $112,296,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>CSX Co.: The Railroad Powering Ahead with an Earnings Beat </li></ul><p>A number of other hedge funds and other institutional investors have also made changes to their positions in CSX. Valley Wealth Managers Inc. raised its holdings in shares of  CSX by 177.8% in the 3rd quarter. Valley Wealth Managers Inc. now owns 750 shares of the transportation company's stock worth $26,000 after purchasing an additional 480 shares in the last quarter.  Morton Brown Family Wealth LLC bought a new stake in shares of  CSX in the 3rd quarter worth approximately $31,000.  Center for Financial Planning Inc. raised its holdings in shares of  CSX by 205.7% in the 4th quarter. Center for Financial Planning Inc. now owns 1,070 shares of the transportation company's stock worth $35,000 after purchasing an additional 720 shares in the last quarter.  Addison Advisors LLC increased its position in shares of  CSX by 348.5% in the third quarter. Addison Advisors LLC now owns 1,045 shares of the transportation company's stock worth $36,000 after acquiring an additional 812 shares in the last quarter.  Finally, Fortitude Family Office LLC increased its position in shares of  CSX by 43.4% in the third quarter. Fortitude Family Office LLC now owns 1,110 shares of the transportation company's stock worth $38,000 after acquiring an additional 336 shares in the last quarter. 73.57% of the stock is currently owned by institutional investors. </p><h2>CSX Price Performance</h2><p>Shares of CSX stock opened at $33.37 on Friday. The firm has a fifty day simple moving average of $32.72 and a 200-day simple moving average of $33.82. The company has a current ratio of 0.86, a quick ratio of 1.23 and a debt-to-equity ratio of 1.43. CSX Co. has a 1-year low of $31.43 and a 1-year high of $40.12. The stock has a market capitalization of $64.35 billion, a price-to-earnings ratio of 18.64, a PEG ratio of 1.91 and a beta of 1.23. </p><ul><li>These 3 industrial stocks just got upgraded ahead of earnings</li></ul><p>CSX (NASDAQ:CSX - Get Free Report) last issued its quarterly earnings data 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%.  On average, sell-side analysts expect that  CSX Co. will post 1.86 earnings per share for the current year. </p><h2>CSX Increases Dividend</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.56%. This is a boost from CSX's previous quarterly dividend of $0.12. The ex-dividend date is Friday, February 28th. CSX's payout ratio is presently 26.82%. </p><h2>Analyst Ratings Changes</h2><ul><li>2 Wrecked Stocks Keeping Cars on the Road Ready for Repair </li></ul><p>Several research firms have recently weighed in on CSX. Susquehanna dropped their target price on shares of CSX from $40.00 to $39.00 and set a &#34;positive&#34; rating on the stock in a research report on Wednesday, January 8th. Stephens  reissued an &#34;overweight&#34; rating and issued a $38.00 target price on shares of CSX in a research report on Friday, January 24th. Royal Bank of Canada dropped their target price on shares of CSX from $34.00 to $33.00 and set a &#34;sector perform&#34; rating on the stock in a research report on Friday, January 24th. Jefferies Financial Group raised shares of CSX from a &#34;hold&#34; rating to a &#34;buy&#34; rating and set a $37.00 target price on the stock in a research report on Friday, January 10th. Finally, Raymond James  reaffirmed an &#34;outperform&#34; rating and set a $37.00 price objective (down from $38.00) on shares of CSX in a research report on Friday, January 24th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued  a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $37.16.</p><p><b>Read Our Latest Report on CSX</b></p><h2>CSX Profile</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than CSX</li><li>What is the Dogs of the Dow Strategy? Overview and Examples</li><li>Roblox's Big Dip: A Chance to Get in on the Vaunted Gaming Stock?</li><li>Manufacturing Stocks Investing</li><li>3 Dividend ETFs to Capitalize on the Slide in Chip Stocks</li><li>What is the Australian Securities Exchange (ASX) </li><li>Is Chevron Stock Primed for Growth After Profit-Boosting News?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1NY?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1NY"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Where Should You Invest $1,000 Right Now?</h2><p>Before you make your next trade, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.</p><p>Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.</p><p>They believe these five stocks are the five best companies for investors to buy now...</p><p>See The Five Stocks Here </p><h2>Should You Invest $1,000 in CSX Right Now?</h2><p>Before you consider CSX, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CSX wasn't on the list.</p><p>While CSX currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Rhumbline Advisers reduced its stake in CSX Co. (NASDAQ:CSX) by 2.4% in Q4, now holding 3,479,877 shares valued at $112.3 million. Other institutional investors also adjusted their positions, with significant increases from Valley Wealth Managers and Center for Financial Planning. CSX's stock opened at $33.37, with a market cap of $64.35 billion. The company reported Q4 earnings of $0.42 per share, missing estimates. CSX announced a dividend increase to $0.13 per share, payable on March 14. Analysts maintain a consensus rating of "Moderate Buy" with an average target price of $37.16.</p>

CSX Co. (NASDAQ:CSX) Holdings Lowered by Rhumbline Advisers