5 Stocks to Buy Today According to British Billionaire David Harding

4. CSX Corporation (NASDAQ: CSX)

Harding’s Stake Value: $13,659,000
Percentage of David Harding’s 13F Portfolio: 0.73%
Number of Hedge Fund Holders: 56

CSX Corporation (NASDAQ: CSX) provides rail-based freight transportation services through its subsidiaries. It was incorporated in 1978 and is ranked fourth on the list of 10 stocks to buy today according to British billionaire David Harding. CSX Corporation (NASDAQ: CSX) shares have offered investors returns exceeding 30.82% over the course of the past 12 months.

On July 26, CSX Corporation (NASDAQ: CSX) declared a quarterly dividend of $0.093 per share, in line with the previous. On July 22, UBS analyst Thomas Wadewitz raised the price target on CSX Corporation (NASDAQ: CSX) to $38 from $37 and kept a “Buy” rating on the shares. 

Winton Capital Management holds 425,781 shares in CSX Corporation (NASDAQ: CSX) worth over $13.66 million, representing 0.73% of their investment portfolio. The hedge fund has increased its stake in CSX Corporation (NASDAQ: CSX) by 1635% in the second quarter of 2021. As of the second quarter of 2021, 56 hedge funds in Insider Monkey’s database of 873 funds held stakes in CSX Corporation (NASDAQ: CSX) compared to 53 funds in the first quarter.