This evening we watched CSX rise 3.4% to a price of $33.4 per share. The large-cap Railroads company is now trading -7.66% below its average target price of $36.17. Analysts have set target prices ranging from $25.0 to $42.0 per share for CSX, and have given the stock an average rating of buy.
CSX's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 0.9%. The stock's short ratio is 1.36. The company's insiders own 0.29% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 78.5%. In conclusion, we believe there is mixed market sentiment regarding CSX.
Institutions Invested in CSX
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 9% | 176,531,483 | $5,896,151,801 |
| 2023-09-30 | Blackrock Inc. | 7% | 142,349,591 | $4,754,476,556 |
| 2023-09-30 | State Street Corporation | 4% | 83,337,270 | $2,783,464,945 |
| 2023-09-30 | Capital World Investors | 3% | 65,413,041 | $2,184,795,669 |
| 2023-09-30 | Price (T.Rowe) Associates Inc | 3% | 54,893,305 | $1,833,436,470 |
| 2023-09-30 | Soroban Capital Partners LP | 2% | 42,621,539 | $1,423,559,467 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 39,055,585 | $1,304,456,598 |
| 2023-09-30 | Capital International Investors | 2% | 35,311,399 | $1,179,400,780 |
| 2023-09-30 | Bank of America Corporation | 2% | 31,042,835 | $1,036,830,736 |
| 2023-09-30 | Lazard Asset Management LLC | 1% | 29,191,044 | $974,980,914 |
