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4,875 Shares in Norfolk Southern Corporation $NSC Bought by Angelo Gordon & CO. L.P.
Angelo Gordon & CO. L.P. acquired a new stake of 4,875 shares in Norfolk Southern Corporation (NYSE: NSC) during the third quarter, valued at approximately $1.464 million. Norfolk Southern recently reported better-than-expected quarterly earnings per share ($3.22 vs. $2.76 consensus) despite a 1.7% revenue decline year-over-year. The company offers a quarterly dividend of $1.35 and holds a consensus “Hold” rating from analysts with a target price of $308.95.