Investors purchased shares of Norfolk Southern Corp. (NYSE:NSC) on weakness during trading hours on Friday. $118.72 million flowed into the stock on the tick-up and $76.93 million flowed out of the stock on the tick-down, for a money net flow of $41.79 million into the stock. Of all equities tracked, Norfolk Southern had the 28th highest net in-flow for the day. Norfolk Southern traded down ($0.24) for the day and closed at $163.92

NSC has been the subject of a number of research reports. Scotiabank set a $175.00 target price on shares of Norfolk Southern and gave the stock a “buy” rating in a research report on Wednesday, July 25th. Edward Jones lowered shares of Norfolk Southern from a “buy” rating to a “hold” rating in a research report on Friday, September 28th. Royal Bank of Canada reiterated a “hold” rating and set a $158.00 target price on shares of Norfolk Southern in a research report on Friday, July 13th. Deutsche Bank upgraded shares of Norfolk Southern from a “hold” rating to a “buy” rating and set a $205.00 target price for the company in a research report on Tuesday, August 14th. Finally, Barclays reiterated a “hold” rating and set a $190.00 target price on shares of Norfolk Southern in a research report on Wednesday, September 26th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $170.95.

The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.70 and a current ratio of 0.81. The stock has a market cap of $45.90 billion, a P/E ratio of 24.80, a P/E/G ratio of 1.49 and a beta of 1.39.

Norfolk Southern (NYSE:NSC) last released its quarterly earnings data on Wednesday, July 25th. The railroad operator reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.19. Norfolk Southern had a net margin of 52.36% and a return on equity of 14.53%. The company had revenue of $2.90 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same period last year, the business earned $1.71 earnings per share. Norfolk Southern’s revenue was up 9.9% compared to the same quarter last year. On average, equities analysts forecast that Norfolk Southern Corp. will post 9.16 EPS for the current fiscal year.

In other Norfolk Southern news, Chairman James A. Squires sold 34,077 shares of Norfolk Southern stock in a transaction that occurred on Monday, August 13th. The shares were sold at an average price of $171.73, for a total transaction of $5,852,043.21. Following the completion of the sale, the chairman now directly owns 63,958 shares in the company, valued at $10,983,507.34. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Cynthia C. Earhart sold 2,370 shares of Norfolk Southern stock in a transaction that occurred on Wednesday, August 29th. The shares were sold at an average price of $175.09, for a total transaction of $414,963.30. Following the sale, the vice president now owns 2,370 shares of the company’s stock, valued at $414,963.30. The disclosure for this sale can be found here. 0.36% of the stock is currently owned by company insiders.

Institutional investors have recently made changes to their positions in the business. Kaizen Advisory LLC lifted its position in Norfolk Southern by 138.0% during the second quarter. Kaizen Advisory LLC now owns 664 shares of the railroad operator’s stock valued at $100,000 after purchasing an additional 385 shares during the last quarter. Marshall & Sullivan Inc. WA bought a new stake in Norfolk Southern during the second quarter valued at approximately $102,000. Sun Life Financial INC lifted its position in Norfolk Southern by 336.4% during the second quarter. Sun Life Financial INC now owns 768 shares of the railroad operator’s stock valued at $116,000 after purchasing an additional 592 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Norfolk Southern during the second quarter valued at approximately $117,000. Finally, Polaris Greystone Financial Group LLC bought a new stake in Norfolk Southern during the third quarter valued at approximately $169,000. Institutional investors and hedge funds own 72.37% of the company’s stock.

Norfolk Southern Company Profile (NYSE:NSC)

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. It also transports overseas freight through various Atlantic and Gulf Coast ports, as well as coal, automotive, and industrial products; and provides commuter passenger services.

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