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Today we're going to take a look at the well-established CSX Corporation ( NASDAQ:CSX ). The company's stock received a...
CSX Corporation is an American holding company focused on rail transportation and real estate in North America, ... a hedge fund that held 4.9% of CSX's stock, ...
CSX initially saw a 10% drop in its stock price, but turned around to hit a new 52-week high less than a month later (January 2018). [28] Harrison's successors have continued the shift to precision railroading, with most hump yards converted to flat yards, low volume shipping lanes eliminated and reductions in rolling stock and work force.
Following approval by the Surface Transportation Board, CSX and NS took control in August 1998, and on June 1, 1999, began operating their respective portions of Conrail. The old company remains a jointly-owned subsidiary, with CSX and NS owning respectively 42% and 58% of its stock, corresponding to how much of Conrail's assets they acquired.
In the latest trading session, CSX (CSX) closed at $65.91, marking a -1.36% move from the previous day.
CSX (CSX) closed at $70.37 in the latest trading session, marking a +1.85% move from the prior day.
At first glance, the dividend yield of CSX (NYSE:CSX) is miserable at just 1.24%. However, when you consider the capital appreciation that has come along with the dividend income paid out over the ...
The stock of CSX (NAS:CSX, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation.
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