As Norfolk Southrn (NSC) Market Value Declined, Holder Kanawha Capital Management Has Decreased Its Position; As United Insurance Holdings (UIHC) Market Valuation Declined, Holder Franklin Street Advisors Has Trimmed Holding

Norfolk Southern Corporation (NYSE:NSC) Logo

Kanawha Capital Management Llc decreased its stake in Norfolk Southrn (NSC) by 5.13% based on its latest 2018Q3 regulatory filing with the SEC. Kanawha Capital Management Llc sold 3,216 shares as the company’s stock declined 13.46% with the market. The institutional investor held 59,492 shares of the railroads company at the end of 2018Q3, valued at $10.74 million, down from 62,708 at the end of the previous reported quarter. Kanawha Capital Management Llc who had been investing in Norfolk Southrn for a number of months, seems to be less bullish one the $45.97B market cap company. The stock increased 0.58% or $0.99 during the last trading session, reaching $171.46. About 2.04M shares traded. Norfolk Southern Corporation (NYSE:NSC) has risen 10.53% since February 10, 2018 and is uptrending. It has outperformed by 10.53% the S&P500. Some Historical NSC News: 14/05/2018 – Norfolk Southern at Bank of America Conference Tomorrow; 25/04/2018 – Norfolk Southern 1Q EPS $1.93; 06/04/2018 – DOT STB: Case Title: NORFOLK SOUTHERN RAILWAY COMPANY – ABANDONMENT EXEMPTION – IN DAYTON, MONTGOMERY COUNTY, OHIO; 25/04/2018 – Norfolk Southern 1Q Net $552M; 22/05/2018 – Norfolk Southern Presenting at Conference Tomorrow; 25/04/2018 – NORFOLK SOUTHERN BOOSTS EXPECTED ANNUAL REPURCHASES TO $1.5B; 27/04/2018 – Norfolk Southern Uses Analytics to Keep Trains on Track; 10/05/2018 – NORFOLK SOUTHERN CORP NSC.N : BAIRD RAISES TARGET PRICE TO $161 FROM $155; 03/05/2018 – FOX 29: #BREAKING: #SEPTA service on the Wilmington/Newark Regional Rail Line will remain suspended through the end of toda…; 26/04/2018 – NORFOLK SOUTHERN CORP NSC.N : DEUTSCHE BANK RAISES TARGET PRICE TO $151 FROM $146

Franklin Street Advisors Inc decreased its stake in United Insurance Holdings Corp (UIHC) by 52.78% based on its latest 2018Q3 regulatory filing with the SEC. Franklin Street Advisors Inc sold 71,250 shares as the company’s stock declined 9.98% with the market. The hedge fund held 63,750 shares of the property-casualty insurers company at the end of 2018Q3, valued at $1.43 million, down from 135,000 at the end of the previous reported quarter. Franklin Street Advisors Inc who had been investing in United Insurance Holdings Corp for a number of months, seems to be less bullish one the $690.33M market cap company. The stock decreased 0.43% or $0.07 during the last trading session, reaching $16.06. About 34,767 shares traded. United Insurance Holdings Corp. (NASDAQ:UIHC) has risen 11.45% since February 10, 2018 and is uptrending. It has outperformed by 11.45% the S&P500. Some Historical UIHC News: 10/05/2018 – United Insurance Holdings Enters Reinsurance Agreements With Private Reinsurers and Florida State Board of Administratio; 23/04/2018 – DJ United Insurance Holdings Corp, Inst Holders, 1Q 2018 (UIHC); 30/04/2018 – New Research: Key Drivers of Growth for Advanced Micro Devices, Alamo Group, United Insurance, Post, BP Prudhoe Bay Royalty Tru; 08/05/2018 – United Insurance 1Q EPS 20c; 20/04/2018 – United Insurance: Chief Information Officer Andrew Swenson Steps Down; 31/05/2018 – OMAN UNITED INSURANCE SAYS WITH REGARDS TO INSURED’S PROPERTIES, RECEIVING CLAIMS NOTIFICATIONS FROM IN & AROUND SALALAH REGION; 10/05/2018 – United Insurance Holdings: Total Cost of 2018-2019 Catastrophe Reinsurance Program Is About $374M; 08/05/2018 – UNITED INSURANCE HOLDINGS CORP QTRLY CORE INCOME PER DILUTED SHARE OF $0.40; 08/05/2018 – United Insurance 1Q Rev $180.1M; 08/05/2018 – UNITED INSURANCE HOLDINGS CORP QTRLY GROSS PREMIUMS EARNED $279 MLN, UP 53.2 PCT

Analysts await United Insurance Holdings Corp. (NASDAQ:UIHC) to report earnings on February, 20. They expect $-0.03 earnings per share, down 103.90% or $0.80 from last year’s $0.77 per share. After $-0.35 actual earnings per share reported by United Insurance Holdings Corp. for the previous quarter, Wall Street now forecasts -91.43% EPS growth.

More notable recent United Insurance Holdings Corp. (NASDAQ:UIHC) news were published by: Bizjournals.com which released: “Here’s why property insurance premiums could be going up in Florida and in Tampa Bay – Tampa Bay Business Journal” on June 06, 2018, also Businesswire.com with their article: “United Insurance Holdings Corp. Previews Q3-2018 Catastrophe Losses – Business Wire” published on October 01, 2018, Businesswire.com published: “United Insurance Holdings Corp. Schedules 2017 Fourth Quarter and Year End Financial Results and Conference Call – Business Wire” on February 02, 2018. More interesting news about United Insurance Holdings Corp. (NASDAQ:UIHC) were released by: Businesswire.com and their article: “United Insurance Holdings Corp. Launches New Company with A- Rating from A.M. Best – Business Wire” published on September 20, 2018 as well as Businesswire.com‘s news article titled: “United Insurance Holdings Corp. Announces Closing of $150 Million Senior Notes Offering – Business Wire” with publication date: December 13, 2017.

Investors sentiment decreased to 1.31 in Q3 2018. Its down 0.10, from 1.41 in 2018Q2. It worsened, as 10 investors sold UIHC shares while 25 reduced holdings. 10 funds opened positions while 36 raised stakes. 14.42 million shares or 4.78% more from 13.76 million shares in 2018Q2 were reported. Ls Inv Advsr Lc holds 657 shares. 11,734 are held by Virtu Ltd Liability Corporation. Arizona State Retirement Sys reported 31,060 shares or 0.01% of all its holdings. Pitcairn reported 17,995 shares or 0.04% of all its holdings. Jpmorgan Chase accumulated 74,001 shares. 57,510 were reported by Mgmt Of Virginia Limited Company. Bridgeway Capital Mngmt accumulated 163,100 shares or 0.04% of the stock. Bnp Paribas Arbitrage owns 0% invested in United Insurance Holdings Corp. (NASDAQ:UIHC) for 748 shares. 1492 Mngmt Ltd reported 37,176 shares stake. Signaturefd has 1,820 shares for 0% of their portfolio. Wells Fargo And Mn invested in 0% or 53,219 shares. Sector Pension Inv Board holds 14,140 shares. Rhumbline Advisers accumulated 48,660 shares. Citigroup stated it has 12,936 shares or 0% of all its holdings. Brandywine Global Invest Management Limited Liability Com, a Pennsylvania-based fund reported 16,188 shares.

Among 6 analysts covering United Insurance Holdings Corporation (NASDAQ:UIHC), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. United Insurance Holdings Corporation had 13 analyst reports since August 6, 2015 according to SRatingsIntel. JMP Securities downgraded the shares of UIHC in report on Tuesday, January 19 to “Mkt Perform” rating. JMP Securities downgraded the shares of UIHC in report on Wednesday, November 2 to “Mkt Underperform” rating. The stock of United Insurance Holdings Corp. (NASDAQ:UIHC) earned “Buy” rating by Wells Fargo on Wednesday, August 9. Raymond James downgraded the shares of UIHC in report on Monday, May 14 to “Outperform” rating. On Wednesday, September 20 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. JMP Securities upgraded United Insurance Holdings Corp. (NASDAQ:UIHC) on Wednesday, August 9 to “Market Perform” rating. The stock has “Buy” rating by Keefe Bruyette & Woods on Monday, January 15. Keefe Bruyette & Woods maintained United Insurance Holdings Corp. (NASDAQ:UIHC) rating on Thursday, August 17. Keefe Bruyette & Woods has “Buy” rating and $19.0 target. The firm has “Strong Buy” rating given on Thursday, February 9 by Raymond James. On Monday, November 5 the stock rating was downgraded by Wood to “Market Perform”.

Since January 14, 2019, it had 0 insider buys, and 9 insider sales for $573,367 activity.

Franklin Street Advisors Inc, which manages about $2.06 billion and $738.60 million US Long portfolio, upped its stake in Danaher Corp Com (NYSE:DHR) by 35,649 shares to 154,905 shares, valued at $16.83M in 2018Q3, according to the filing. It also increased its holding in Caterpillar Inc (NYSE:CAT) by 8,728 shares in the quarter, for a total of 77,248 shares, and has risen its stake in Alphabet Inc Cap Stk Cl C.

Since August 13, 2018, it had 0 insider purchases, and 2 selling transactions for $553,170 activity. The insider Wheeler Michael Joseph sold 801 shares worth $138,216. Earhart Cynthia C also sold $414,954 worth of Norfolk Southern Corporation (NYSE:NSC) shares.

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 127 analyst reports since July 28, 2015 according to SRatingsIntel. Wolfe Research upgraded the shares of NSC in report on Monday, August 7 to “Buy” rating. The firm has “Market Perform” rating by BMO Capital Markets given on Thursday, October 26. The stock of Norfolk Southern Corporation (NYSE:NSC) earned “Hold” rating by Stifel Nicolaus on Monday, July 24. Cowen & Co maintained it with “Outperform” rating and $130 target in Thursday, January 26 report. The firm has “Neutral” rating given on Tuesday, September 13 by Citigroup. The firm earned “Neutral” rating on Thursday, October 18 by Bank of America. Argus Research downgraded the shares of NSC in report on Friday, July 31 to “Hold” rating. The stock has “Sector Perform” rating by Scotia Capital on Thursday, July 6. The firm has “Buy” rating given on Wednesday, February 28 by Cowen & Co. The firm has “Buy” rating by Susquehanna given on Tuesday, January 16.

United Insurance Holdings Corp. (NASDAQ:UIHC) Institutional Positions Chart