Investors Buy High Volume of Call Options on DST Systems (DST)

DST Systems, Inc. (NYSE:DST) was the recipient of some unusual options trading on Thursday. Investors purchased 2,175 call options on the company. This represents an increase of approximately 1,322% compared to the typical daily volume of 153 call options.

A number of research analysts have recently issued reports on the company. Evercore ISI reiterated an “in-line” rating on shares of DST Systems in a research report on Friday. DA Davidson lowered DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 target price on the stock. in a research report on Friday. Robert W. Baird reiterated a “buy” rating and set a $68.00 target price on shares of DST Systems in a research report on Thursday, October 12th. Zacks Investment Research lowered DST Systems from a “hold” rating to a “sell” rating in a research report on Monday, October 23rd. Finally, Morgan Stanley increased their target price on DST Systems from $57.00 to $61.00 and gave the company an “equal weight” rating in a research report on Monday, October 23rd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $68.50.

In other news, VP Jonathan J. Boehm sold 20,000 shares of the stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $64.50, for a total transaction of $1,290,000.00. Following the transaction, the vice president now owns 75,518 shares in the company, valued at approximately $4,870,911. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders have bought a total of 976 shares of company stock worth $59,812 in the last quarter. Insiders own 1.82% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of DST. Sit Investment Associates Inc. increased its stake in shares of DST Systems by 25.6% in the 4th quarter. Sit Investment Associates Inc. now owns 71,175 shares of the technology company’s stock worth $4,418,000 after acquiring an additional 14,500 shares during the last quarter. Prudential Financial Inc. increased its stake in shares of DST Systems by 8.9% in the 3rd quarter. Prudential Financial Inc. now owns 1,037,864 shares of the technology company’s stock worth $56,958,000 after acquiring an additional 84,398 shares during the last quarter. AXA increased its stake in shares of DST Systems by 9.5% in the 3rd quarter. AXA now owns 228,700 shares of the technology company’s stock worth $12,551,000 after acquiring an additional 19,900 shares during the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of DST Systems by 105.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 63,484 shares of the technology company’s stock worth $3,484,000 after acquiring an additional 32,617 shares during the last quarter. Finally, GSA Capital Partners LLP increased its stake in shares of DST Systems by 15.5% in the 3rd quarter. GSA Capital Partners LLP now owns 78,571 shares of the technology company’s stock worth $4,312,000 after acquiring an additional 10,524 shares during the last quarter. 85.71% of the stock is owned by hedge funds and other institutional investors.

DST Systems (NYSE DST) opened at $83.51 on Friday. DST Systems has a 52 week low of $50.22 and a 52 week high of $84.48. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $5,028.97, a price-to-earnings ratio of 27.16, a P/E/G ratio of 2.33 and a beta of 1.36.

DST Systems (NYSE:DST) last posted its quarterly earnings data on Friday, October 20th. The technology company reported $0.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.73 by $0.03. DST Systems had a return on equity of 16.20% and a net margin of 21.26%. The firm had revenue of $562.60 million during the quarter, compared to the consensus estimate of $523.57 million. During the same period in the prior year, the company earned $0.77 EPS. The firm’s revenue was up 45.5% compared to the same quarter last year. equities analysts predict that DST Systems will post 3.07 earnings per share for the current year.

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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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