A number of other research analysts have also commented on the stock. Credit Suisse Group AG restated a neutral rating and issued a $86.00 price objective (up from $84.00) on shares of Kansas City Southern in a research note on Monday, March 6th. Wells Fargo & Co initiated coverage on shares of Kansas City Southern in a report on Monday, March 13th. They issued a market perform rating on the stock. Morgan Stanley reaffirmed an equal weight rating and issued a $88.00 target price on shares of Kansas City Southern in a report on Monday, March 20th. Stifel Nicolaus raised shares of Kansas City Southern from a hold rating to a buy rating and lifted their target price for the company from $94.00 to $96.00 in a report on Thursday, December 15th. They noted that the move was a valuation call. Finally, Aegis raised shares of Kansas City Southern from a hold rating to a buy rating and set a $105.00 target price on the stock in a report on Thursday, December 15th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company. Kansas City Southern presently has an average rating of Hold and an average price target of $99.44.
Shares of Kansas City Southern (NYSE:KSU) traded down 2.85% during mid-day trading on Friday, reaching $87.99. The company’s stock had a trading volume of 2,484,182 shares. The firm has a market cap of $9.38 billion, a PE ratio of 19.86 and a beta of 0.91. Kansas City Southern has a one year low of $79.05 and a one year high of $100.69. The firm’s 50 day moving average is $86.78 and its 200 day moving average is $87.02.
Kansas City Southern (NYSE:KSU) last posted its quarterly earnings data on Friday, April 21st. The transportation company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.01. The company had revenue of $609.50 million for the quarter, compared to analyst estimates of $600.66 million. Kansas City Southern had a net margin of 20.48% and a return on equity of 11.14%. Kansas City Southern’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.03 earnings per share. On average, equities analysts anticipate that Kansas City Southern will post $5.06 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, April 5th. Investors of record on Monday, March 13th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 1.50%. The ex-dividend date of this dividend was Thursday, March 9th. Kansas City Southern’s dividend payout ratio (DPR) is 29.80%.
In related news, insider Delano Jose Guillermo Zozaya sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 31st. The shares were sold at an average price of $85.41, for a total transaction of $85,410.00. Following the completion of the transaction, the insider now owns 46,852 shares of the company’s stock, valued at $4,001,629.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.86% of the company’s stock.
A number of institutional investors have recently modified their holdings of the company. Candriam Luxembourg S.C.A. raised its position in shares of Kansas City Southern by 30.3% in the first quarter. Candriam Luxembourg S.C.A. now owns 61,631 shares of the transportation company’s stock valued at $5,286,000 after buying an additional 14,335 shares during the period. Douglas Lane & Associates LLC raised its position in shares of Kansas City Southern by 24.7% in the first quarter. Douglas Lane & Associates LLC now owns 95,149 shares of the transportation company’s stock valued at $8,160,000 after buying an additional 18,835 shares during the period. State of Alaska Department of Revenue bought a new position in shares of Kansas City Southern during the first quarter valued at approximately $509,000. SeaBridge Investment Advisors LLC raised its position in shares of Kansas City Southern by 101.7% in the first quarter. SeaBridge Investment Advisors LLC now owns 76,285 shares of the transportation company’s stock valued at $6,542,000 after buying an additional 38,462 shares during the period. Finally, BLB&B Advisors LLC bought a new position in shares of Kansas City Southern during the first quarter valued at approximately $201,000. 90.48% of the stock is owned by hedge funds and other institutional investors.
Kansas City Southern Company Profile
Kansas City Southern (KCS) is a holding company. The Company has domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company’s subsidiaries include The Kansas City Southern Railway Company (KCSR) and Kansas City Southern de Mexico, SA de C.V.
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