Engineers Gate Manager LP cut its position in shares of Norfolk Southern Co. ( NYSE:NSC – Get Rating ) by 25.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,982 shares of the railroad operator's stock after selling 2,738 shares during the period. Engineers Gate Manager LP's holdings in Norfolk Southern were worth $1,673,000 at the end of the most recent quarter. Several other hedge funds also recently added to or reduced their stakes in NSC.

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