Cascade Investment Advisors Inc. bought a new stake in shares of Kansas City Southern (NYSE:KSU) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,450 shares of the transportation company’s stock, valued at approximately $864,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. CSat Investment Advisory L.P. increased its stake in shares of Kansas City Southern by 82.2% during the fourth quarter. CSat Investment Advisory L.P. now owns 266 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 120 shares in the last quarter. Edmond DE Rothschild Holding S.A. bought a new position in shares of Kansas City Southern during the fourth quarter valued at approximately $43,000. Bogart Wealth LLC bought a new position in shares of Kansas City Southern during the first quarter valued at approximately $46,000. Pearl River Capital LLC bought a new position in shares of Kansas City Southern during the fourth quarter valued at approximately $58,000. Finally, Essex Investment Management Co. LLC bought a new position in shares of Kansas City Southern during the fourth quarter valued at approximately $61,000. 88.80% of the stock is owned by institutional investors and hedge funds.
Shares of KSU opened at $118.38 on Monday. The company has a market cap of $11.78 billion, a P/E ratio of 19.83, a PEG ratio of 1.33 and a beta of 0.89. The company has a quick ratio of 1.06, a current ratio of 1.42 and a debt-to-equity ratio of 0.52. Kansas City Southern has a twelve month low of $90.55 and a twelve month high of $120.34.
Kansas City Southern (NYSE:KSU) last posted its earnings results on Friday, January 18th. The transportation company reported $1.56 EPS for the quarter, hitting analysts’ consensus estimates of $1.56. Kansas City Southern had a net margin of 23.12% and a return on equity of 12.11%. The business had revenue of $694.00 million during the quarter, compared to the consensus estimate of $687.56 million. During the same quarter in the previous year, the firm posted $1.38 EPS. The firm’s revenue was up 5.1% on a year-over-year basis. On average, sell-side analysts anticipate that Kansas City Southern will post 6.77 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Monday, March 11th were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Friday, March 8th. Kansas City Southern’s dividend payout ratio (DPR) is presently 24.12%.
Several equities research analysts recently weighed in on KSU shares. JPMorgan Chase & Co. downgraded shares of Kansas City Southern from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $138.00 to $118.00 in a research report on Tuesday, December 18th. Loop Capital reduced their price target on shares of Kansas City Southern from $136.00 to $132.00 and set a “buy” rating for the company in a research report on Wednesday, January 16th. Credit Suisse Group reissued a “buy” rating and set a $129.00 price target (up previously from $116.00) on shares of Kansas City Southern in a research report on Sunday, January 20th. Atlantic Securities started coverage on shares of Kansas City Southern in a research report on Tuesday, January 8th. They set an “overweight” rating and a $98.03 price target for the company. Finally, Morgan Stanley raised their price target on shares of Kansas City Southern from $112.00 to $113.00 and gave the company an “equal weight” rating in a research report on Monday, January 7th. Five 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 stock. The company currently has an average rating of “Buy” and an average target price of $125.16.
Kansas City Southern Company Profile
Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.
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