Magellan Asset Management Ltd Sells 25,437 Shares of Norfolk Southern Co. (NYSE:NSC)

ExodusPoint Capital Management LP Takes $14.58 Million Position in Norfolk Southern Co. (NYSE:NSC)

ExodusPoint Capital Management LP purchased a new position in shares of Norfolk Southern Co. (NYSE:NSC – Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 62,121 shares of the railroad operator’s stock, valued at approximately $14,580,000. Other hedge funds have also recently […]

Magellan Asset Management Ltd Sells 25,437 Shares of Norfolk Southern Co. (NYSE:NSC)

Magellan Asset Management Ltd lowered its position in Norfolk Southern Co. (NYSE:NSC – Free Report) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 761,645 shares of the railroad operator’s stock after selling 25,437 shares during the quarter. Norfolk Southern comprises […]

Norfolk Southern Corporation (NSC): Exploring a Potential 14.44% Upside in the Rail Industry

**Norfolk Southern Corporation (NSC)** stands as a significant player in the U.S. rail transportation sector, boasting a market capitalization of $53.97 billion. Operating within the industrials sector, specifically the railroads industry, Norfolk Southern is a vital cog in the machinery that keeps America’s supply chains moving. From raw materials like soybeans and coal to finished goods such as automobiles, the company’s expansive network ensu…