Kansas City Southern (NYSE:KSU) COO Jeffrey M. Songer sold 3,000 shares of the stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $111.80, for a total value of $335,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of Kansas City Southern (NYSE KSU) traded up $1.94 during trading on Tuesday, hitting $107.16. The stock had a trading volume of 1,370,383 shares, compared to its average volume of 1,082,750. The stock has a market cap of $11,100.00, a PE ratio of 21.05, a price-to-earnings-growth ratio of 1.55 and a beta of 0.86. The company has a current ratio of 0.69, a quick ratio of 0.53 and a debt-to-equity ratio of 0.51. Kansas City Southern has a 12-month low of $79.05 and a 12-month high of $114.85.
Kansas City Southern (NYSE:KSU) last announced its earnings results on Friday, October 20th. The transportation company reported $1.35 EPS for the quarter, topping the Zacks’ consensus estimate of $1.32 by $0.03. Kansas City Southern had a return on equity of 11.86% and a net margin of 21.42%. The firm had revenue of $653.00 million during the quarter, compared to analysts’ expectations of $651.95 million. During the same quarter in the previous year, the business earned $1.12 EPS. The company’s quarterly revenue was up 8.0% on a year-over-year basis. equities analysts expect that Kansas City Southern will post 5.21 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 17th. Shareholders of record on Friday, December 29th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Thursday, December 28th. Kansas City Southern’s dividend payout ratio (DPR) is presently 28.29%.
Several equities research analysts recently commented on KSU shares. Zacks Investment Research cut Kansas City Southern from a “buy” rating to a “hold” rating in a research report on Monday, September 11th. Stifel Nicolaus reaffirmed a “buy” rating and set a $118.00 price objective on shares of Kansas City Southern in a research report on Thursday, September 21st. Morgan Stanley reaffirmed an “equal weight” rating and set a $88.00 price objective (down from $93.00) on shares of Kansas City Southern in a research report on Monday, October 2nd. Citigroup reissued a “buy” rating and issued a $123.00 target price (up previously from $116.00) on shares of Kansas City Southern in a report on Wednesday, October 4th. Finally, Bank of America raised Kansas City Southern from a “neutral” rating to a “buy” rating and increased their target price for the company from $113.00 to $116.00 in a report on Tuesday, October 10th. Eight research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $113.18.
Hedge funds and other institutional investors have recently modified their holdings of the business. Assenagon Asset Management S.A. bought a new stake in Kansas City Southern during the 3rd quarter valued at $1,750,000. QS Investors LLC raised its position in Kansas City Southern by 0.5% during the 2nd quarter. QS Investors LLC now owns 1,320 shares of the transportation company’s stock valued at $138,000 after purchasing an additional 7 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new position in shares of Kansas City Southern in the 3rd quarter worth $7,558,000. Fox Run Management L.L.C. bought a new position in shares of Kansas City Southern in the 3rd quarter worth $826,000. Finally, Eaton Vance Management raised its position in shares of Kansas City Southern by 179.5% in the 2nd quarter. Eaton Vance Management now owns 175,346 shares of the transportation company’s stock worth $18,350,000 after acquiring an additional 112,609 shares in the last quarter. 83.56% of the stock is owned by institutional investors and hedge funds.
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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