Comparable Company Analysis: CSX Corporation (CSX), Yum! Brands, Inc. (YUM)

Bruno Cirelli
Luglio 12, 2017

Janus Capital Management LLC now owns 16,620,538 shares of the transportation company's stock worth $773,686,000 after buying an additional 4,114,395 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of CSX Corporation during the fourth quarter worth about $2,695,000. The institutional investor held 2.21 million shares of the railroads company at the end of 2016Q4, valued at $79.38M, down from 2.76 million at the end of the previous reported quarter. Lincoln Capital Corp bought a new position in CSX Corporation during the fourth quarter valued at $4,602,000. UBS Asset Management Americas Inc. now owns 2,799,536 shares of the transportation company's stock worth $100,589,000 after buying an additional 162,070 shares during the period. Moreover, Duncker Streett & Inc has 0.27% invested in CSX Corporation (NASDAQ:CSX) for 22,398 shares. Jackson Grant Investment Advisers Inc. now owns 9,519 shares of the transportation company's stock worth $342,000 after buying an additional 25 shares during the period. Norges Bank bought a new stake in shares of CSX Corporation during the fourth quarter valued at about $306,397,000. Geode Capital Management LLC increased its stake in CSX Corporation by 7.6% in the first quarter. Pekin Singer Strauss Asset Mgmt Il has invested 0.06% in CSX Corporation (NASDAQ:CSX). If we take a long term observation, shares have been trading at a distance of 26.93% from the 200-day moving average. The company has a market cap of $50.37 billion, a PE ratio of 29.80 and a beta of 1.32. The "percentage off the 52-week high or low" refers to when a stock current price is relative to where it has traded over the last 52 weeks. Cowen & Co maintained CSX Corporation (NASDAQ:CSX) on Monday, October 5 with "Market Perform" rating. Investors acquired 42,807 call options on the stock. This represents an increase of approximately 163% compared to the average volume of 102 put options.

CSX Corporation (NASDAQ:CSX) last released its earnings results on Wednesday, April 19th. The transportation company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.08.

Stocks of CSX Corporation (CSX) started trading at 54.89 on early Tue. The firm had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same quarter a year ago, the company posted $0.37 earnings per share.

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of CSX Corporation (CSX) stands at -1.26 while the industry's and the sector's growth for next 5 years ticked at 5.31 and 6.75 respectively. On average, analysts anticipate that CSX Corporation will post $2.29 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.46%. CSX Corporation's dividend payout ratio is presently 43.72%.

COPYRIGHT VIOLATION NOTICE: This piece was first posted by Stock Observer and is the sole property of of Stock Observer. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & worldwide trademark and copyright law. The correct version of this piece can be read at https://www.thestockobserver.com/2017/07/12/baird-financial-group-inc-has-1-89-million-stake-in-csx-corporation-csx-updated-updated.html. (CSX) stake by 78.13% reported in 2016Q4 SEC filing. CSX Corporation has a consensus rating of "Buy" and a consensus price objective of $52.06. TD Securities restated a "buy" rating and set a $64.00 price objective (up from $57.00) on shares of CSX Corporation in a research note on Friday, April 21st. Royal Bank Of Canada reiterated a "buy" recommendation and given a $65.00 target price on the stock of CSX Corporation in a study note published on Fri, Jun 9th. Finally, Avondale Partners raised CSX Corporation from a "market perform" rating to a "market outperform" rating in a research report on Tuesday, March 28th. Eleven equities research analysts have rated the stock with a hold recommendation, nineteen have given a buy recommendation and one has issued a strong buy recommendation on the company. CSX Corporation has a consensus rating of "Buy" and a consensus target price of $52.39.

The stock of CSX Corporation (NASDAQ:CSX) earned "Buy" rating by Aegis Capital on Monday, April 24. The stock was purchased at an average price of $50.20 per share, with a total value of $15,060,000.00.

In Railroads Industry, CSX Corporation (CSX) have 931.07 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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