DST Systems, Inc. (NYSE:DST) insider Vercie L. Lark sold 5,400 shares of DST Systems stock in a transaction on Friday, March 9th. The shares were sold at an average price of $83.64, for a total transaction of $451,656.00. Following the completion of the transaction, the insider now directly owns 77,702 shares in the company, valued at $6,498,995.28. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
DST Systems, Inc. (NYSE:DST) opened at $83.32 on Wednesday. The company has a market cap of $4,948.53, a price-to-earnings ratio of 24.87, a PEG ratio of 2.02 and a beta of 1.54. DST Systems, Inc. has a 1-year low of $50.22 and a 1-year high of $84.48. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07.
DST Systems (NYSE:DST) last announced its earnings results on Monday, January 29th. The technology company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.27. The business had revenue of $552.70 million for the quarter, compared to analysts’ expectations of $538.38 million. DST Systems had a net margin of 20.35% and a return on equity of 16.90%. The company’s quarterly revenue was up 47.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.83 EPS. analysts predict that DST Systems, Inc. will post 4.13 earnings per share for the current fiscal year.
A number of equities analysts have recently commented on the stock. Evercore ISI reaffirmed an “in-line” rating on shares of DST Systems in a report on Friday, January 12th. Robert W. Baird cut shares of DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 target price on the stock. in a report on Wednesday, January 17th. DA Davidson cut shares of DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 target price on the stock. in a report on Friday, January 12th. Finally, Zacks Investment Research raised shares of DST Systems from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a report on Wednesday, December 20th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $68.50.
Institutional investors and hedge funds have recently made changes to their positions in the business. Algert Global LLC acquired a new position in DST Systems in the 3rd quarter valued at $422,000. Comerica Bank increased its stake in DST Systems by 34.2% in the 4th quarter. Comerica Bank now owns 108,302 shares of the technology company’s stock valued at $9,087,000 after buying an additional 27,605 shares during the period. Eagle Asset Management Inc. increased its stake in DST Systems by 1.5% in the 3rd quarter. Eagle Asset Management Inc. now owns 272,114 shares of the technology company’s stock valued at $14,993,000 after buying an additional 4,116 shares during the period. Dimensional Fund Advisors LP increased its stake in DST Systems by 15.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 771,950 shares of the technology company’s stock valued at $42,365,000 after buying an additional 103,723 shares during the period. Finally, TCW Group Inc. acquired a new position in DST Systems in the 3rd quarter valued at $603,000. 85.62% of the stock is currently owned by institutional investors.
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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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