Burney Co. increased its stake and
Cetera Investment Advisers purchased shares in
Norfolk Southern Corp. (NSC) despite mixed stock performance when compared to its competitors on certain days. NSC plans
strategic investments in Alabama and is slated to invest over
$200M in the 3B Corridor.
Q2 gains for Norfolk Southern exceeded analyst expectations by 13%, with the company
reaffirming its full-year adjusted operating ratio guidance.
Gilbert Lamphere, a director, acquired NSC shares even as
Janus Henderson Group PLC and
Atria Investments Inc lowered their positions. Norfolk Southern Corporation (NSC) has a bullish outlook among analysts due to promising logistics. NSC also met Q2 expectations which led to 7% increase in stock value. Despite a reported dip in Q2, Norfolk Southern is favored by institutional investors owning 74% and significant
progress has been noted in areas of sustainability, safety, and
innovation. NSC also draws attention due to its impressive shareholder returns and proposed dividend payments. NSC intends to accentuate its productivity and accountability with new initiatives. However, risk has been marked in NSC stock adding a new dimension to the investment environment.
Norfolk Southern Corp NSC News Analytics from Tue, 09 Jan 2024 08:00:00 GMT to Sun, 04 Aug 2024 16:07:01 GMT -
Rating 6
- Innovation 3
- Information 6
- Rumor -4
