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Norfolk Southern reported strong earnings and a higher dividend, attracting increased investment.
Norfolk Southern saw increased stock positions from several investors, including Acropolis Investment Management, which raised its holdings by 6.9%.
The company reported strong earnings of $3.25 per share, beating analysts' estimates, and declared a quarterly dividend of $1.35 per share.
Institutional investors control 75.10% of Norfolk Southern's stock, and recent brokerage ratings include an "overweight" from Barclays.
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Norfolk Southern reportó fuertes ganancias y un mayor dividendo, atrayendo una mayor inversión.