Roxbury Financial LLC Makes New $29,000 Investment in South Bow Co. (NYSE:SOBO)

Roxbury Financial LLC bought a new position in South Bow Co. (NYSE:SOBO) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,129 shares of the company’s stock, valued at approximately $29,000.

Several other large investors have also bought and sold shares of the company. Rhumbline Advisers purchased a new position in shares of South Bow during the fourth quarter valued at approximately $34,000. Manitou Investment Management Ltd. purchased a new position in shares of South Bow during the fourth quarter valued at approximately $40,000. Canal Insurance CO purchased a new position in shares of South Bow during the fourth quarter valued at approximately $47,000. CENTRAL TRUST Co purchased a new position in shares of South Bow during the fourth quarter valued at approximately $48,000. Finally, YANKCOM Partnership purchased a new position in shares of South Bow during the fourth quarter valued at approximately $57,000.

South Bow Price Performance

Shares of NYSE:SOBO opened at $24.84 on Friday. The stock’s fifty day moving average is $24.03. South Bow Co. has a fifty-two week low of $21.12 and a fifty-two week high of $27.30.

Analyst Ratings Changes

A number of analysts have commented on SOBO shares. Tudor Pickering raised shares of South Bow to a “strong-buy” rating in a report on Tuesday, November 19th. Morgan Stanley started coverage on shares of South Bow in a report on Friday, October 25th. They set an “underweight” rating for the company. Scotiabank upped their target price on shares of South Bow from $24.00 to $26.00 and gave the company a “sector perform” rating in a report on Thursday. CIBC raised shares of South Bow from a “neutral” rating to an “outperform” rating and upped their target price for the company from $23.00 to $25.00 in a report on Thursday, January 9th. Finally, US Capital Advisors upgraded shares of South Bow to a “strong-buy” rating in a research report on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $25.50.

South Bow Company Profile

South Bow Corp is a strategic liquids pipeline company. It is a new liquids-focused midstream infrastructure company. South Bow Corp is based in Canada.