Headlines about DST Systems (NYSE:DST) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. DST Systems earned a news impact score of 0.10 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.7716899641052 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
DST Systems (NYSE DST) traded down 0.55% on Friday, reaching $50.60. The company had a trading volume of 600,165 shares. The stock’s 50 day moving average price is $58.41 and its 200-day moving average price is $59.56. The stock has a market capitalization of $3.06 billion, a PE ratio of 5.10 and a beta of 1.29. DST Systems has a 12-month low of $47.26 and a 12-month high of $62.94.
DST Systems (NYSE:DST) last announced its quarterly earnings results on Thursday, July 27th. The technology company reported $0.76 EPS for the quarter, missing the consensus estimate of $0.78 by $0.02. The company had revenue of $656.20 million during the quarter, compared to analysts’ expectations of $541.90 million. DST Systems had a return on equity of 16.79% and a net margin of 35.46%. The firm’s revenue for the quarter was up 68.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.42 EPS. Equities analysts expect that DST Systems will post $3.05 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Friday, August 25th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Wednesday, August 23rd. DST Systems’s payout ratio is currently 7.11%.
DST Systems announced that its Board of Directors has approved a stock repurchase program on Tuesday, May 9th that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 7.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.
Several research firms have issued reports on DST. BidaskClub downgraded DST Systems from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th. Zacks Investment Research cut shares of DST Systems from a “buy” rating to a “hold” rating in a report on Monday, July 31st. ValuEngine raised shares of DST Systems from a “hold” rating to a “buy” rating in a report on Saturday, June 10th. Finally, DA Davidson started coverage on shares of DST Systems in a report on Wednesday, June 21st. They issued a “buy” rating and a $72.00 price target on the stock.
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In other DST Systems news, CFO Gregg Wm Givens sold 20,000 shares of the business’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $60.30, for a total value of $1,206,000.00. Following the sale, the chief financial officer now owns 75,871 shares in the company, valued at approximately $4,575,021.30. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last quarter, insiders acquired 847 shares of company stock worth $59,770 and sold 50,000 shares worth $3,654,400. 1.82% of the stock is owned by insiders.
DST Systems Company Profile
DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.
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