Shares of Kansas City Southern (NYSE:KSU) have earned a consensus rating of “Buy” from the seventeen analysts that are presently covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $115.47.
KSU has been the subject of several analyst reports. Goldman Sachs Group started coverage on shares of Kansas City Southern in a report on Monday, November 13th. They set a “neutral” rating and a $109.00 price target for the company. BMO Capital Markets restated a “hold” rating and set a $109.00 target price on shares of Kansas City Southern in a research report on Friday, November 24th. Finally, Zacks Investment Research upgraded shares of 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.
Kansas City Southern (NYSE:KSU) traded up $1.47 during midday trading on Wednesday, reaching $108.82. 494,073 shares of the company traded hands, compared to its average volume of 1,449,649. The stock has a market capitalization of $11,060.00, a PE ratio of 21.01, a P/E/G ratio of 1.34 and a beta of 0.83. Kansas City Southern has a 52-week low of $81.54 and a 52-week high of $114.85. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 0.46.
Kansas City Southern (NYSE:KSU) last posted its quarterly earnings results on Friday, January 19th. The transportation company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.02. The firm had revenue of $660.40 million during the quarter, compared to analysts’ expectations of $658.33 million. Kansas City Southern had a net margin of 37.24% and a return on equity of 12.07%. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.21 earnings per share. equities research analysts predict that Kansas City Southern will post 6.24 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 4th. Shareholders of record on Monday, March 12th will be given a dividend of $0.36 per share. The ex-dividend date is Friday, March 9th. This represents a $1.44 annualized dividend and a yield of 1.32%. Kansas City Southern’s payout ratio is currently 27.59%.
In other news, CMO Brian D. Hancock sold 2,325 shares of the stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $113.00, for a total value of $262,725.00. Following the sale, the chief marketing officer now directly owns 19,455 shares in the company, valued at $2,198,415. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Jeffrey M. Songer sold 3,000 shares of the stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $111.80, for a total transaction of $335,400.00. The disclosure for this sale can be found here. 0.95% of the stock is owned by corporate insiders.
Several hedge funds have recently added to or reduced their stakes in the company. Xact Kapitalforvaltning AB grew its position in shares of Kansas City Southern by 10.5% in the fourth quarter. Xact Kapitalforvaltning AB now owns 13,923 shares of the transportation company’s stock valued at $1,465,000 after purchasing an additional 1,319 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of Kansas City Southern by 86.8% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 109,879 shares of the transportation company’s stock valued at $11,561,000 after purchasing an additional 51,061 shares during the last quarter. We Are One Seven LLC acquired a new stake in shares of Kansas City Southern in the fourth quarter valued at approximately $780,000. OLD Mutual Customised Solutions Proprietary Ltd. grew its position in shares of Kansas City Southern by 50.0% in the fourth quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 6,300 shares of the transportation company’s stock valued at $663,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Halsey Associates Inc. CT grew its position in shares of Kansas City Southern by 4.4% in the fourth quarter. Halsey Associates Inc. CT now owns 74,760 shares of the transportation company’s stock valued at $7,866,000 after purchasing an additional 3,135 shares during the last quarter. Institutional investors and hedge funds own 83.75% of the company’s stock.
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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