H.C. Wainwright Reports Gevo (GEVO) Downgrade from Buy; Virtus Investment Advisers Cut Csx (CSX) Holding

January 9, 2018 - By Peter Erickson

Virtus Investment Advisers Inc decreased Csx Corp (CSX) stake by 7.16% reported in 2017Q3 SEC filing. Virtus Investment Advisers Inc sold 5,781 shares as Csx Corp (CSX)’s stock rose 3.79%. The Virtus Investment Advisers Inc holds 74,929 shares with $4.07 million value, down from 80,710 last quarter. Csx Corp now has $52.50 billion valuation. The stock increased 1.77% or $1.02 during the last trading session, reaching $58.74. About 6.22M shares traded. CSX Corporation (NYSE:CSX) has risen 97.18% since January 9, 2017 and is uptrending. It has outperformed by 80.48% the S&P500.

Among 2 analysts covering Gevo (NASDAQ:GEVO), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Gevo has $12 highest and $5 lowest target. $12’s average target is 1867.21% above currents $0.61 stock price. Gevo had 5 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, August 19 by H.C. Wainwright. On Wednesday, July 26 the stock rating was maintained by H.C. Wainwright with “Buy”. The firm has “Buy” rating by Rodman & Renshaw given on Wednesday, August 19. As per Friday, January 13, the company rating was maintained by Rodman & Renshaw. The company was maintained on Friday, August 4 by H.C. Wainwright.

Virtus Investment Advisers Inc increased Powershares Db Cmdty Idx Tra (DBC) stake by 136,449 shares to 586,557 valued at $9.03 million in 2017Q3. It also upped Altria Group Inc (NYSE:MO) stake by 6,811 shares and now owns 71,712 shares. Dentsply Sirona Inc was raised too.

Investors sentiment decreased to 0.66 in Q3 2017. Its down 0.17, from 0.83 in 2017Q2. It dived, as 56 investors sold CSX shares while 351 reduced holdings. 65 funds opened positions while 204 raised stakes. 612.12 million shares or 2.65% less from 628.79 million shares in 2017Q2 were reported. Commonwealth Equity Svcs invested in 0.08% or 235,928 shares. Moreover, Argi Investment Svcs Ltd Limited Liability Company has 0.01% invested in CSX Corporation (NASDAQ:CSX) for 3,811 shares. Pacad Investment Limited has 0.01% invested in CSX Corporation (NASDAQ:CSX) for 425 shares. Ibm Retirement Fund reported 22,169 shares stake. Farmers Tru owns 5,948 shares. Sg Americas Securities Ltd Liability Corporation reported 0.04% in CSX Corporation (NASDAQ:CSX). Fairfax Limited Can stated it has 0.07% in CSX Corporation (NASDAQ:CSX). Fiera Capital Corporation reported 0% of its portfolio in CSX Corporation (NASDAQ:CSX). The Missouri-based Parkside Savings Bank Trust has invested 0.09% in CSX Corporation (NASDAQ:CSX). Ing Groep Nv stated it has 40,189 shares. Silvercrest Asset Mngmt Gp Limited Liability Co invested in 0.02% or 36,673 shares. Commonwealth Commercial Bank Of Aus reported 2.80M shares. Japan-based Sumitomo Mitsui Asset Company Ltd has invested 0.06% in CSX Corporation (NASDAQ:CSX). Cohen Steers stated it has 0.27% of its portfolio in CSX Corporation (NASDAQ:CSX). Wellington Shields Limited invested in 0.16% or 22,600 shares.

Analysts await CSX Corporation (NASDAQ:CSX) to report earnings on January, 16 after the close. They expect $0.56 earnings per share, up 14.29% or $0.07 from last year’s $0.49 per share. CSX’s profit will be $500.48 million for 26.22 P/E if the $0.56 EPS becomes a reality. After $0.51 actual earnings per share reported by CSX Corporation for the previous quarter, Wall Street now forecasts 9.80% EPS growth.

Among 31 analysts covering CSX Corporation (NYSE:CSX), 20 have Buy rating, 3 Sell and 8 Hold. Therefore 65% are positive. CSX Corporation had 95 analyst reports since August 13, 2015 according to SRatingsIntel. The company was maintained on Friday, December 1 by UBS. Morgan Stanley downgraded the shares of CSX in report on Monday, October 2 to “Underweight” rating. Deutsche Bank upgraded the shares of CSX in report on Wednesday, March 1 to “Buy” rating. BMO Capital Markets upgraded the shares of CSX in report on Monday, January 23 to “Outperform” rating. The firm has “Hold” rating given on Thursday, April 20 by Stifel Nicolaus. The stock of CSX Corporation (NASDAQ:CSX) has “Hold” rating given on Wednesday, September 6 by Stifel Nicolaus. The stock of CSX Corporation (NASDAQ:CSX) earned “Neutral” rating by UBS on Wednesday, January 13. The rating was initiated by CLSA on Thursday, May 19 with “Underperform”. On Thursday, January 14 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of CSX Corporation (NASDAQ:CSX) earned “Outperform” rating by Credit Suisse on Thursday, January 14.

Analysts await Gevo, Inc. (NASDAQ:GEVO) to report earnings on April, 4. They expect $-0.26 earnings per share, up 77.19% or $0.88 from last year’s $-1.14 per share. After $-0.36 actual earnings per share reported by Gevo, Inc. for the previous quarter, Wall Street now forecasts -27.78% EPS growth.

The stock decreased 4.64% or $0.03 during the last trading session, reaching $0.61. About 796,113 shares traded or 1.33% up from the average. Gevo, Inc. (NASDAQ:GEVO) has declined 85.24% since January 9, 2017 and is downtrending. It has underperformed by 101.94% the S&P500.

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By1 Peter Erickson







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