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Institutional investors boost stakes in Norfolk Southern despite slight earnings miss.
Institutional investors have been increasing their stakes in Norfolk Southern, with firms like Zimmer Partners LP and Lantern Wealth Advisors LLC adding to their holdings.
Zimmer Partners increased its shares by 30%, now owning 65,000 shares, while Lantern Wealth added 60 shares.
Norfolk Southern reported a slight earnings miss but maintains a strong dividend yield of 2.22% and has a "Moderate Buy" consensus rating with a target price of $266.50.
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Los inversionistas institucionales aumentan las participaciones en Norfolk Southern a pesar de una ligera caída en las ganancias.