<div id="readability-page-1"><p>Park National Corp OH trimmed its holdings in shares of  CSX Corporation (NASDAQ:CSX - Free Report) by 60.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The firm owned 53,867 shares of the transportation company's stock after selling 81,725 shares during the quarter. Park National Corp OH's holdings in CSX were worth $1,913,000 as of its most recent SEC filing.</p><ul><li>MarketBeat Week in Review – 08/18 - 08/22</li></ul><p>A number of other hedge funds also recently bought and sold shares of the stock. Twin Peaks Wealth Advisors LLC bought a new stake in  CSX during the 2nd quarter valued at $25,000.  WFA of San Diego LLC bought a new position in shares of  CSX in the 2nd quarter worth $28,000.  Rise Advisors LLC lifted its stake in shares of  CSX by 86.4% during the 1st quarter. Rise Advisors LLC now owns 2,594 shares of the transportation company's stock worth $76,000 after purchasing an additional 1,202 shares during the last quarter.  McIlrath &amp; Eck LLC boosted its position in  CSX by 217.5% during the first quarter. McIlrath &amp; Eck LLC now owns 3,239 shares of the transportation company's stock valued at $95,000 after purchasing an additional 2,219 shares in the last quarter.  Finally, Truvestments Capital LLC boosted its position in  CSX by 51.2% during the first quarter. Truvestments Capital LLC now owns 5,916 shares of the transportation company's stock valued at $174,000 after purchasing an additional 2,004 shares in the last quarter. Hedge funds and other institutional investors own  73.57% of the company's stock. </p><h2>Insider Buying and Selling</h2><p>In other CSX news, SVP Michael S. Burns sold 24,249 shares of CSX stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $36.76, for a total transaction of $891,393.24. Following the completion of the transaction, the senior vice president owned 51,640 shares in the company, valued at approximately $1,898,286.40. This trade represents a 31.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Kevin S. Boone sold 31,053 shares of the company's stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $36.09, for a total value of $1,120,702.77. Following the completion of the sale, the executive vice president owned 197,521 shares in the company, valued at $7,128,532.89. The trade was a 13.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.35% of the stock is currently owned by corporate insiders. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>This Railroad Stock Is Chugging Along to a New All-Time High</li></ul><p>Several brokerages have recently commented on CSX. The Goldman Sachs Group increased their price objective on CSX from $35.00 to $37.00 and gave the company a &#34;neutral&#34; rating in a report on Friday, October 17th. Susquehanna decreased their price target on CSX from $35.00 to $34.00 and set a &#34;neutral&#34; rating for the company in a research note on Thursday, September 25th. Stephens raised their price target on CSX from $39.00 to $41.00 and gave the stock an &#34;overweight&#34; rating in a report on Monday, October 6th. Sanford C. Bernstein boosted their price target on CSX from $36.00 to $37.00 and gave the stock a &#34;market perform&#34; rating in a research note on Tuesday, September 30th. Finally, TD Cowen upped their price objective on shares of CSX from $38.00 to $39.00 and gave the company a &#34;buy&#34; rating in a report on Friday, October 17th. One analyst  has rated the stock with a Strong Buy rating, eighteen have issued  a Buy rating and seven have assigned  a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $38.83.</p><p><b>Get Our Latest Stock Analysis on CSX</b></p><h2>CSX Stock Down 1.0%</h2><ul><li>Golden Cross Alert: 3 Stocks With Serious Upside Potential</li></ul><p>Shares of CSX stock opened at $36.80 on Wednesday. CSX Corporation has a fifty-two week low of $26.22 and a fifty-two week high of $37.54. The firm has a market capitalization of $68.53 billion, a PE ratio of 24.05, a P/E/G ratio of 3.35 and a beta of 1.30. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.71 and a current ratio of 0.85. The stock's 50-day simple moving average is $35.63 and its 200-day simple moving average is $34.43. </p><p>CSX (NASDAQ:CSX - Get Free Report) last issued its earnings results on Thursday, October 16th. The transportation company reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.02. CSX had a return on equity of 24.95% and a net margin of 20.55%.The firm had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.60 billion. During the same quarter in the prior year, the firm earned $0.45 earnings per share. CSX's revenue for the quarter was down .9% on a year-over-year basis.  Equities analysts expect that  CSX Corporation will post 1.83 earnings per share for the current year. </p><h2>CSX Announces Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were paid a $0.13 dividend. The ex-dividend date was Friday, November 28th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.4%. CSX's dividend payout ratio  is presently 33.99%. </p><h2>About CSX</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>Best ESG Stocks: 11 Best Stocks for ESG Investing</li><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li><li>Should You Invest in Penny Stocks?</li><li>RTX Surges to Record Highs as Defense Orders Explode</li><li>Stock Trading Terms - Stock Terms Every Investor Needs to Know</li><li>Smart Money Is Buying Auto Suppliers, Not Car Brands</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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Park National Corp OH reduced its holdings in CSX Corporation by 60.3% in Q3, selling 81,725 shares. CSX stock opened at $36.80, with a 52-week high of $37.54. Analysts have a consensus rating of "Moderate Buy" with an average target price of $38.83. Insider sales include SVP Michael S. Burns and EVP Kevin S. Boone. Hedge funds own 73.57% of CSX stock. Recent analyst ratings vary, with price targets ranging from $34 to $41.</p>

Park National Corp OH Sells 81,725 Shares of CSX Corporation $CSX