Smithfield Trust Company Has Boosted Norfolk Southern Com (NSC) Holding; Wildhorse Resource Development Common (WRD) Shorts Up By 0.04%

May 23, 2018 - By Natalie Daughtry

Norfolk Southern Corporation (NYSE:NSC) Logo

Wildhorse Resource Development Corporation Common (NYSE:WRD) had an increase of 0.04% in short interest. WRD’s SI was 4.59 million shares in May as released by FINRA. Its up 0.04% from 4.59M shares previously. With 621,100 avg volume, 7 days are for Wildhorse Resource Development Corporation Common (NYSE:WRD)’s short sellers to cover WRD’s short positions. The stock increased 0.29% or $0.08 during the last trading session, reaching $26.32. About 177,497 shares traded. WildHorse Resource Development Corporation (NYSE:WRD) has risen 59.91% since May 23, 2017 and is uptrending. It has outperformed by 48.36% the S&P500.

Smithfield Trust Company increased Norfolk Southern Corp Com (NSC) stake by 110.23% reported in 2017Q4 SEC filing. Smithfield Trust Company acquired 10,095 shares as Norfolk Southern Corp Com (NSC)’s stock declined 7.56%. The Smithfield Trust Company holds 19,253 shares with $2.79 million value, up from 9,158 last quarter. Norfolk Southern Corp Com now has $42.68B valuation. The stock decreased 0.48% or $0.73 during the last trading session, reaching $151.07. About 176,124 shares traded. Norfolk Southern Corporation (NYSE:NSC) has risen 20.21% since May 23, 2017 and is uptrending. It has outperformed by 8.66% the S&P500.

Among 5 analysts covering WildHorse Resource Development (NYSE:WRD), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. WildHorse Resource Development had 5 analyst reports since January 10, 2017 according to SRatingsIntel. The stock of WildHorse Resource Development Corporation (NYSE:WRD) has “Neutral” rating given on Tuesday, January 10 by Citigroup. Iberia Capital Partners initiated the stock with “Outperform” rating in Wednesday, September 27 report. The rating was maintained by Imperial Capital on Friday, November 10 with “Outperform”. The rating was initiated by Capital One on Tuesday, January 10 with “Overweight”. As per Wednesday, January 11, the company rating was initiated by Raymond James.

More news for WildHorse Resource Development Corporation (NYSE:WRD) were recently published by: Seekingalpha.com, which released: “WildHorse Resource Development: Leaders Vs. Laggards” on May 07, 2018. Bizjournals.com‘s article titled: “Drilling Permit Roundup: Wildhorse Resource bets on eastern Eagle Ford” and published on April 24, 2018 is yet another important article.

WildHorse Resource Development Corporation, an independent oil and natural gas company, focuses on the acquisition, exploitation, development, and production of oil, natural gas, and natural gas liquid resources. The company has market cap of $2.61 billion. The firm primarily holds interests in the Eagle Ford Shale in Southeast Texas and the overpressured Cotton Valley formation in North Louisiana. It has a 82.23 P/E ratio. As of December 31, 2016, it had a total leasehold position of approximately 262,742 net acres in the Eagle Ford Shale and 108,456 net acres in overpressured Cotton Valley formation, as well as 152.5 million barrels of oil equivalent of total proved reserves.

Investors sentiment is 0.83 in Q4 2017. Its the same as in 2017Q3. It has no change, as 35 investors sold NSC shares while 360 reduced holdings. only 80 funds opened positions while 249 raised stakes. 197.25 million shares or 2.25% less from 201.79 million shares in 2017Q3 were reported. Dowling Yahnke Limited Liability Corp reported 2,325 shares. Kanawha Mgmt Llc invested in 64,548 shares. Massachusetts-based Baldwin Brothers Ma has invested 0.02% in Norfolk Southern Corporation (NYSE:NSC). Perigon Wealth Mngmt Ltd Liability Corporation holds 0.72% in Norfolk Southern Corporation (NYSE:NSC) or 13,266 shares. Raab & Moskowitz Asset Mngmt Limited Company reported 2,030 shares or 0.14% of all its holdings. Livforsakringsbolaget Skandia Omsesidigt reported 4,346 shares stake. 99,607 are owned by Voya Investment Lc. Blue Capital owns 1,463 shares for 0.12% of their portfolio. Klingenstein Fields & Communication Ltd Llc reported 83,720 shares. Carnegie Asset Ltd Limited Liability Company has 0.08% invested in Norfolk Southern Corporation (NYSE:NSC). Boothbay Fund Ltd owns 1,810 shares. Sandy Spring Retail Bank holds 38,890 shares or 0.51% of its portfolio. Philadelphia Trust reported 2,082 shares. M Kraus holds 48,845 shares. 529,225 were reported by Rhumbline Advisers.

More recent Norfolk Southern Corporation (NYSE:NSC) news were published by: Seekingalpha.com which released: “Is Norfolk Southern’s Q1 Performance Sustainable?” on May 14, 2018. Also Seekingalpha.com published the news titled: “Norfolk Southern Keeps Impressing” on May 05, 2018. Seekingalpha.com‘s news article titled: “Norfolk Southern (NSC) Q1 2018 Results – Earnings Call Transcript” with publication date: April 25, 2018 was also an interesting one.

Among 31 analysts covering Norfolk Southern Corp. (NYSE:NSC), 8 have Buy rating, 5 Sell and 18 Hold. Therefore 26% are positive. Norfolk Southern Corp. had 107 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was downgraded by Scotia Capital to “Hold” on Tuesday, July 28. Avondale upgraded the stock to “Mkt Perform” rating in Thursday, January 28 report. Credit Suisse maintained the shares of NSC in report on Thursday, March 15 with “Outperform” rating. The firm earned “Hold” rating on Monday, September 11 by Stifel Nicolaus. Bernstein maintained the shares of NSC in report on Thursday, April 26 with “Hold” rating. The stock has “Underweight” rating by Morgan Stanley on Friday, June 3. Credit Suisse maintained the stock with “Neutral” rating in Friday, February 19 report. The company was maintained on Thursday, October 26 by Loop Capital. The stock of Norfolk Southern Corporation (NYSE:NSC) earned “Market Perform” rating by BMO Capital Markets on Tuesday, November 24. Cowen & Co maintained it with “Buy” rating and $163.0 target in Wednesday, February 28 report.

Smithfield Trust Company decreased Vanguard 500 Index Fund Delaware (VOO) stake by 1,326 shares to 225,461 valued at $55.30M in 2017Q4. It also reduced Ishares Barclays 1 (SHY) stake by 35,979 shares and now owns 34,002 shares. 1 (BSV) was reduced too.

Norfolk Southern Corporation (NYSE:NSC) Institutional Positions Chart

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