Greenwood Capital Associates LLC boosted its holdings in shares of Kansas City Southern (NYSE:KSU) by 42.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,146 shares of the transportation company’s stock after buying an additional 931 shares during the period. Greenwood Capital Associates LLC’s holdings in Kansas City Southern were worth $331,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also bought and sold shares of the company. Assenagon Asset Management S.A. acquired a new position in Kansas City Southern during the third quarter valued at $1,750,000. QS Investors LLC raised 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. Robeco Institutional Asset Management B.V. acquired a new position in Kansas City Southern during the third quarter valued at $7,558,000. Fox Run Management L.L.C. acquired a new position in Kansas City Southern during the third quarter valued at $826,000. Finally, Janus Henderson Group PLC raised its position in Kansas City Southern by 64.7% during the third quarter. Janus Henderson Group PLC now owns 452,260 shares of the transportation company’s stock valued at $49,151,000 after buying an additional 177,706 shares during the period. 84.63% of the stock is currently owned by hedge funds and other institutional investors.
Several research analysts recently weighed in on KSU shares. Credit Suisse Group upped their price target on Kansas City Southern from $122.00 to $124.00 and gave the company an “outperform” rating in a research report on Monday, October 23rd. Goldman Sachs Group began coverage on Kansas City Southern in a research report on Monday, November 13th. They issued a “neutral” rating and a $109.00 target price on the stock. Zacks Investment Research raised Kansas City Southern from a “hold” rating to a “buy” rating and set a $124.00 target price on the stock in a research report on Tuesday, December 12th. BMO Capital Markets reaffirmed a “hold” rating and issued a $109.00 target price on shares of Kansas City Southern in a research report on Friday, November 24th. Finally, Bank of America raised 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. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Kansas City Southern presently has a consensus rating of “Buy” and a consensus price target of $115.47.
In other news, CMO Brian D. Hancock sold 2,325 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $113.00, for a total transaction of $262,725.00. Following the completion of the sale, the chief marketing officer now owns 19,455 shares in the company, valued at approximately $2,198,415. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Jeffrey M. Songer sold 3,000 shares of the company’s stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $111.80, for a total value of $335,400.00. The disclosure for this sale can be found here. Corporate insiders own 0.95% of the company’s stock.
Kansas City Southern (NYSE:KSU) opened at $105.18 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.70 and a quick ratio of 0.54. Kansas City Southern has a 52-week low of $81.54 and a 52-week high of $114.85. The firm has a market capitalization of $11,351.35, a PE ratio of 21.06, a price-to-earnings-growth ratio of 1.37 and a beta of 0.83.
Kansas City Southern (NYSE:KSU) last issued its earnings results on Friday, January 19th. The transportation company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.02. The company had revenue of $660.40 million for the quarter, compared to analyst estimates of $658.33 million. Kansas City Southern had a return on equity of 12.07% and a net margin of 37.24%. The business’s revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.21 EPS. sell-side analysts anticipate that Kansas City Southern will post 6.17 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 4th. Stockholders of record on Monday, March 12th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, March 9th. This represents a $1.44 annualized dividend and a dividend yield of 1.37%. Kansas City Southern’s dividend payout ratio (DPR) is presently 15.64%.
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About Kansas City Southern
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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