Geode Capital Management Increases Position in Intuit (INTU); Amf Pensionsforsakring Ab Has Increased Norfolk Southern (NSC) Position

Norfolk Southern Corporation (NYSE:NSC) Logo

Geode Capital Management Llc increased its stake in Intuit Inc (INTU) by 9.95% based on its latest 2018Q3 regulatory filing with the SEC. Geode Capital Management Llc bought 324,817 shares as the company’s stock declined 7.98% with the market. The institutional investor held 3.59 million shares of the prepackaged software company at the end of 2018Q3, valued at $815.04 million, up from 3.27M at the end of the previous reported quarter. Geode Capital Management Llc who had been investing in Intuit Inc for a number of months, seems to be bullish on the $59.37B market cap company. The stock decreased 0.09% or $0.21 during the last trading session, reaching $228.75. About 348,513 shares traded. Intuit Inc. (NASDAQ:INTU) has risen 32.93% since February 13, 2018 and is uptrending. It has outperformed by 32.93% the S&P500. Some Historical INTU News: 22/05/2018 – Intuit Sees 4Q EPS 4c-EPS 6c; 22/05/2018 – INTUIT INC INTU.O SEES FY 2018 NON-GAAP SHR $5.51 TO $5.53; 02/04/2018 – Fidelity Independence Adds Intuit, Exits Caterpillar; 22/05/2018 – Intuit 3Q EPS $4.59; 22/05/2018 – Intuit 3Q Adj EPS $4.82; 30/04/2018 – QuickBooks Study Finds Small Businesses Confident on Automation and AI Opportunities; 22/05/2018 – INTUIT 3Q ADJ EPS $4.82, EST. $4.67; 25/04/2018 – INTUIT SEES YEAR CONSUMER GROUP REV. GROWTH OF 12 TO 13%; 25/04/2018 – INTUIT REPORTS 6% BOOST IN TURBOTAX ONLINE UNITS:; 17/05/2018 – GLINT WELCOMES SHERRY WHITELEY TO BOARD OF DIRECTORS

Amf Pensionsforsakring Ab increased its stake in Norfolk Southern Corp (NSC) by 22.46% based on its latest 2018Q3 regulatory filing with the SEC. Amf Pensionsforsakring Ab bought 41,066 shares as the company’s stock declined 13.46% with the market. The institutional investor held 223,874 shares of the railroads company at the end of 2018Q3, valued at $40.41 million, up from 182,808 at the end of the previous reported quarter. Amf Pensionsforsakring Ab who had been investing in Norfolk Southern Corp for a number of months, seems to be bullish on the $48.38 billion market cap company. The stock increased 0.14% or $0.26 during the last trading session, reaching $180.87. About 817,255 shares traded. Norfolk Southern Corporation (NYSE:NSC) has risen 10.53% since February 13, 2018 and is uptrending. It has outperformed by 10.53% the S&P500. Some Historical NSC News: 25/04/2018 – Norfolk Southern 1Q Net $552M; 07/05/2018 – NORFOLK SOUTHERN RESPONDS TO FRA REQUEST FOR INFO ON AUTOMATION; 25/04/2018 – NORFOLK SOUTHERN SAYS OUTLOOK FOR 2018 IS `PROMISING`; 29/03/2018 – Gabby Morrongiello: SCOOP: WH officials involved in decision-making process on Hicks replacement are seriously eying NSC spox; 03/05/2018 – FOX 29: #BREAKING: #SEPTA service on the Wilmington/Newark Regional Rail Line will remain suspended through the end of toda‚Ķ; 14/05/2018 – Norfolk Southern at Bank of America Conference Tomorrow; 16/05/2018 – Norfolk Southern Presenting at Conference May 23; 26/04/2018 – NORFOLK SOUTHERN CORP NSC.N : JP MORGAN RAISES TARGET PRICE TO $157 FROM $150; 18/04/2018 – Norfolk Southern recognizes 52 chemical customers for safe rail-shipping practices; 30/04/2018 – Norfolk Southern receives American Chemistry Council award as industry-leading partner in responsible chemical transport

Geode Capital Management Llc, which manages about $354.88B US Long portfolio, decreased its stake in Franklin Resources Inc (NYSE:BEN) by 440,706 shares to 4.03M shares, valued at $122.31M in 2018Q3, according to the filing. It also reduced its holding in Qurate Retail Inc by 170,065 shares in the quarter, leaving it with 4.18M shares, and cut its stake in Boeing Co/The (NYSE:BA).

Since August 27, 2018, it had 0 insider buys, and 15 insider sales for $192.53 million activity. Another trade for 100,000 shares valued at $22.16 million was made by COOK SCOTT D on Wednesday, September 19. Shares for $57.90M were sold by SMITH BRAD D on Friday, September 14. 85,835 shares valued at $16.89M were sold by Goodarzi Sasan K on Wednesday, November 21. 19,018 shares were sold by STANSBURY HENRY TAYLOE, worth $4.16M. On Tuesday, August 28 the insider POWELL DENNIS D sold $979,360. On Thursday, August 30 FLOURNOY MARK J sold $2.03M worth of Intuit Inc. (NASDAQ:INTU) or 9,292 shares.

More important recent Intuit Inc. (NASDAQ:INTU) news were published by: Nasdaq.com which released: “IGV, ORCL, INTU, ATVI: Large Inflows Detected at ETF – Nasdaq” on January 24, 2019, also 247Wallst.com published article titled: “Top Analyst Upgrades and Downgrades: Altria, EA, Embraer, Gap, Kinder Morgan, Netflix, Nike, Take-Two, Under Armour and Many More – 24/7 Wall St.”, Benzinga.com published: “Morgan Stanley Drops Bearish Intuit (NASDAQ:INTU) Stance, Points To Tax Season Catalysts – Benzinga” on February 04, 2019. More interesting news about Intuit Inc. (NASDAQ:INTU) was released by: Investorplace.com and their article: “5 Fintech Stocks to Buy As This Mega Trend Gains Steam – Investorplace.com” with publication date: February 04, 2019.

Investors sentiment decreased to 1.12 in 2018 Q3. Its down 0.13, from 1.25 in 2018Q2. It dived, as 24 investors sold INTU shares while 257 reduced holdings. 97 funds opened positions while 219 raised stakes. 215.92 million shares or 0.30% more from 215.26 million shares in 2018Q2 were reported. Davenport And Co Ltd Llc reported 142,485 shares. Cim Ltd Llc stated it has 0.1% in Intuit Inc. (NASDAQ:INTU). Patten Grp Inc reported 45 shares. Primecap Mngmt Com Ca reported 0.74% stake. Bb&T Securities Ltd Co holds 0.13% or 57,512 shares in its portfolio. Moreover, Dimensional Fund Limited Partnership has 0.06% invested in Intuit Inc. (NASDAQ:INTU). Wilbanks Smith & Thomas Asset Llc holds 0.01% in Intuit Inc. (NASDAQ:INTU) or 636 shares. Lourd Cap Ltd Liability Corporation stated it has 2,242 shares. Massachusetts-based Adage Capital Gp Limited Liability Corporation has invested 0.17% in Intuit Inc. (NASDAQ:INTU). 1832 Asset Mngmt LP has invested 0.01% in Intuit Inc. (NASDAQ:INTU). Neuberger Berman Grp Lc stated it has 0.23% in Intuit Inc. (NASDAQ:INTU). Westpac Bk Corporation reported 60,567 shares or 0% of all its holdings. Baystate Wealth Llc stated it has 40 shares. Zebra Capital Management Ltd Liability Corporation reported 2,764 shares or 0.29% of all its holdings. Cleararc Inc stated it has 0.2% in Intuit Inc. (NASDAQ:INTU).

Among 26 analysts covering Intuit (NASDAQ:INTU), 13 have Buy rating, 3 Sell and 10 Hold. Therefore 50% are positive. Intuit had 124 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, February 26 by Argus Research. Stifel Nicolaus maintained Intuit Inc. (NASDAQ:INTU) on Thursday, April 26 with “Hold” rating. Wedbush maintained it with “Neutral” rating and $90 target in Friday, November 20 report. The rating was maintained by Goldman Sachs with “Buy” on Wednesday, August 24. On Friday, February 24 the stock rating was upgraded by Credit Suisse to “Outperform”. On Friday, August 24 the stock rating was maintained by Credit Suisse with “Outperform”. UBS maintained it with “Buy” rating and $114 target in Wednesday, September 9 report. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, February 4. JP Morgan maintained the stock with “Neutral” rating in Thursday, April 26 report. Goldman Sachs initiated it with “Buy” rating and $117 target in Monday, May 23 report.

Among 31 analysts covering Norfolk Southern Corp. (NYSE:NSC), 12 have Buy rating, 4 Sell and 15 Hold. Therefore 39% are positive. Norfolk Southern Corp. had 128 analyst reports since July 28, 2015 according to SRatingsIntel. As per Thursday, November 30, the company rating was maintained by BMO Capital Markets. The firm has “Hold” rating given on Friday, November 10 by Robert W. Baird. The firm earned “Sell” rating on Thursday, July 6 by RBC Capital Markets. The firm earned “Hold” rating on Tuesday, April 10 by Robert W. Baird. As per Tuesday, January 16, the company rating was maintained by Susquehanna. The stock of Norfolk Southern Corporation (NYSE:NSC) has “Buy” rating given on Monday, April 2 by Susquehanna. The company was maintained on Wednesday, July 26 by Oppenheimer. Credit Suisse maintained Norfolk Southern Corporation (NYSE:NSC) rating on Friday, February 19. Credit Suisse has “Neutral” rating and $77 target. Robert W. Baird maintained the shares of NSC in report on Thursday, October 25 with “Neutral” rating. The stock has “Market Perform” rating by Wells Fargo on Monday, October 16.

Investors sentiment increased to 0.92 in Q3 2018. Its up 0.12, from 0.8 in 2018Q2. It is positive, as 32 investors sold NSC shares while 354 reduced holdings. 111 funds opened positions while 245 raised stakes. 187.99 million shares or 3.43% less from 194.66 million shares in 2018Q2 were reported. Stonebridge Advsr Llc has 0.08% invested in Norfolk Southern Corporation (NYSE:NSC) for 2,139 shares. Weatherly Asset Mgmt Limited Partnership accumulated 11,742 shares. Comml Bank Of America De owns 6.15M shares for 0.17% of their portfolio. King Luther Cap Management Corp holds 1,790 shares. Waddell And Reed Fincl holds 0.15% of its portfolio in Norfolk Southern Corporation (NYSE:NSC) for 379,356 shares. Toth Advisory Corporation holds 0% or 118 shares. Thomasville Savings Bank stated it has 3,893 shares. Natixis Advsrs Lp holds 25,716 shares. Kelly Lawrence W And Assoc Ca has invested 0.04% in Norfolk Southern Corporation (NYSE:NSC). Key Group Holding (Cayman) Ltd has invested 0.08% in Norfolk Southern Corporation (NYSE:NSC). The Massachusetts-based East Coast Asset Limited Liability Co has invested 0.08% in Norfolk Southern Corporation (NYSE:NSC). Field And Main National Bank invested in 100 shares or 0.02% of the stock. Oppenheimer And holds 0.11% of its portfolio in Norfolk Southern Corporation (NYSE:NSC) for 23,797 shares. Portland Global Advisors Ltd Liability accumulated 26,715 shares. Meiji Yasuda Asset Management Ltd accumulated 5,495 shares.

Since August 29, 2018, it had 0 buys, and 2 selling transactions for $553,170 activity. $414,954 worth of stock was sold by Earhart Cynthia C on Wednesday, August 29.

More notable recent Norfolk Southern Corporation (NYSE:NSC) news were published by: Benzinga.com which released: “Norfolk Souther Corporation (NYSE:NSC), CSX Corporation (NYSE:CSX) – The Word On Norfolk Southern: Wait Until February – Benzinga” on October 24, 2018, also Benzinga.com with their article: “Norfolk Souther Corporation (NYSE:NSC) – Norfolk Southern Says “Loosening” Truck Markets Will Not Stop Its Intermodal Growth – Benzinga” published on January 25, 2019, Benzinga.com published: “Activision Blizzard, Inc (NASDAQ:ATVI), BB&T Corporation (NYSE:BBT) – Flashing Green: Global Stocks Follow U.S. Market Higher, With Cisco Reporting Later – Benzinga” on February 13, 2019. More interesting news about Norfolk Southern Corporation (NYSE:NSC) were released by: Benzinga.com and their article: “CSX Corporation (NYSE:CSX), Norfolk Souther Corporation (NYSE:NSC) – A Former Counsel Of The Chief Rail U.S Rail Regulator Wonders About Its Future Mission – Benzinga” published on January 14, 2019 as well as Benzinga.com‘s news article titled: “Credit Suisse Stays Bullish On Norfolk Southern After Q4 Print (NYSE:NSC) – Benzinga” with publication date: January 25, 2019.

Intuit Inc. (NASDAQ:INTU) Institutional Positions Chart