Kansas City Southern Target of Unusually High Options Trading (KSU)

Kansas City Southern (NYSE:KSU) was the recipient of some unusual options trading activity on Wednesday. Stock traders bought 8,079 put options on the company. This represents an increase of 1,327% compared to the average daily volume of 566 put options.

Kansas City Southern (NYSE KSU) opened at $110.40 on Friday. Kansas City Southern has a 1 year low of $81.54 and a 1 year high of $114.85. The stock has a market cap of $11,430.00, a price-to-earnings ratio of 21.69, a P/E/G ratio of 1.43 and a beta of 0.87. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.69 and a quick ratio of 0.53.

Kansas City Southern (NYSE:KSU) last announced its earnings results on Friday, October 20th. The transportation company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.03. Kansas City Southern had a net margin of 21.42% and a return on equity of 11.86%. The company had revenue of $653.00 million during the quarter, compared to analyst estimates of $651.95 million. During the same period in the previous year, the business earned $1.12 earnings per share. The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. analysts predict that Kansas City Southern will post 5.21 EPS for the current fiscal year.

The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.44 annualized dividend and a yield of 1.30%. Kansas City Southern’s payout ratio is 28.29%.

A number of research analysts have recently commented on KSU shares. Zacks Investment Research lowered shares of Kansas City Southern from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Loop Capital restated a “buy” rating and set a $124.00 price target (up from $118.00) on shares of Kansas City Southern in a research report on Monday, October 23rd. BMO Capital Markets restated a “hold” rating and set a $109.00 price target on shares of Kansas City Southern in a research report on Monday, October 23rd. Stifel Nicolaus restated a “buy” rating and set a $118.00 price target on shares of Kansas City Southern in a research report on Thursday, September 21st. Finally, Bank of America upgraded shares of Kansas City Southern from a “neutral” rating to a “buy” rating and upped their target price for the stock from $113.00 to $116.00 in a research report on Tuesday, October 10th. Eight investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $113.18.

In other news, COO Jeffrey M. Songer sold 3,000 shares of the business’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $111.80, for a total transaction of $335,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Mary K. Stadler sold 1,973 shares of the business’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $103.91, for a total transaction of $205,014.43. Following the transaction, the senior vice president now owns 6,102 shares of the company’s stock, valued at $634,058.82. The disclosure for this sale can be found here. 0.95% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. IHT Wealth Management LLC boosted its position in Kansas City Southern by 243.9% during the second quarter. IHT Wealth Management LLC now owns 141 shares of the transportation company’s stock valued at $675,000 after buying an additional 100 shares during the period. Howe & Rusling Inc. purchased a new stake in Kansas City Southern during the third quarter valued at about $130,000. QS Investors LLC boosted its position in Kansas City Southern by 0.5% during the second quarter. QS Investors LLC now owns 1,320 shares of the transportation company’s stock valued at $138,000 after buying an additional 7 shares during the period. Steward Partners Investment Advisory LLC purchased a new stake in Kansas City Southern during the third quarter valued at about $160,000. Finally, San Francisco Sentry Investment Group CA purchased a new stake in Kansas City Southern during the second quarter valued at about $160,000. Institutional investors and hedge funds own 83.56% of the company’s stock.

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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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