Oribel Capital Management LP bought a new position in shares of DST Systems, Inc. (NYSE:DST) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 73,800 shares of the technology company’s stock, valued at approximately $4,580,000. DST Systems accounts for approximately 1.5% of Oribel Capital Management LP’s holdings, making the stock its 23rd biggest position. Oribel Capital Management LP owned approximately 0.12% of DST Systems as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Algert Global LLC acquired a new stake in DST Systems in the 3rd quarter valued at about $422,000. Comerica Bank grew its stake in shares of 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 purchasing an additional 27,605 shares during the last quarter. Eagle Asset Management Inc. grew its stake in shares of 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 purchasing an additional 4,116 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of 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 purchasing an additional 103,723 shares during the last quarter. Finally, TCW Group Inc. acquired a new stake in shares of DST Systems in the 3rd quarter valued at approximately $603,000. Hedge funds and other institutional investors own 85.62% of the company’s stock.
Shares of DST Systems, Inc. (NYSE:DST) traded down $0.02 during trading on Wednesday, hitting $83.30. The stock had a trading volume of 403,323 shares, compared to its average volume of 1,411,821. DST Systems, Inc. has a fifty-two week low of $50.22 and a fifty-two week high of $84.48. The firm has a market cap of $4,948.53, a PE ratio of 11.59, a price-to-earnings-growth ratio of 2.02 and a beta of 1.54. 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 issued its quarterly earnings results on Monday, January 29th. The technology company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.27. DST Systems had a return on equity of 16.90% and a net margin of 20.35%. The firm had revenue of $552.70 million during the quarter, compared to analyst estimates of $538.38 million. During the same period last year, the company posted $0.83 EPS. The firm’s quarterly revenue was up 47.9% on a year-over-year basis. research analysts forecast that DST Systems, Inc. will post 4.13 EPS for the current year.
Several equities analysts recently issued reports on DST shares. Zacks Investment Research cut DST Systems from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. DA Davidson downgraded DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 price objective for the company. in a research report on Friday, January 12th. Robert W. Baird downgraded DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 price target for the company. in a research report on Wednesday, January 17th. Finally, Evercore ISI reissued an “in-line” rating on shares of DST Systems in a research report on Friday, January 12th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. DST Systems currently has an average rating of “Hold” and an average target price of $68.50.
In other news, insider Vercie L. Lark sold 5,400 shares of the firm’s stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $83.64, for a total value of $451,656.00. Following the sale, the insider now directly owns 77,702 shares of the company’s stock, valued at $6,498,995.28. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Jonathan J. Boehm sold 20,000 shares of DST Systems stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $64.50, for a total value of $1,290,000.00. Following the sale, the vice president now directly owns 75,518 shares in the company, valued at $4,870,911. The disclosure for this sale can be found here. Over the last quarter, insiders have purchased 798 shares of company stock valued at $59,833 and have sold 70,800 shares valued at $5,535,734. 1.82% of the stock is currently owned by company insiders.
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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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