TRU Independence Asset Management 2 LLC Acquires Shares of 170 Kansas City Southern (NYSE:KSU)


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TRU Independence Asset Management 2 LLC acquired a new stake in shares of Kansas City Southern (NYSE:KSU) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 170 shares of the transportation company’s stock, valued at approximately $35,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vantage Consulting Group Inc bought a new position in shares of Kansas City Southern during the fourth quarter valued at $31,000. Encompass Wealth Advisors LLC bought a new position in shares of Kansas City Southern in the fourth quarter valued at about $35,000. Sage Private Wealth Group LLC bought a new position in shares of Kansas City Southern in the fourth quarter valued at about $38,000. Annapolis Financial Services LLC bought a new position in shares of Kansas City Southern in the fourth quarter valued at about $41,000. Finally, Ellevest Inc. raised its holdings in shares of Kansas City Southern by 232.8% in the fourth quarter. Ellevest Inc. now owns 213 shares of the transportation company’s stock valued at $43,000 after buying an additional 149 shares during the last quarter. 85.89% of the stock is owned by institutional investors.

NYSE KSU opened at $264.01 on Thursday. The stock has a market capitalization of $23.98 billion, a price-to-earnings ratio of 43.64, a PEG ratio of 1.69 and a beta of 0.98. The stock’s 50 day moving average price is $228.57 and its two-hundred day moving average price is $203.06. The company has a debt-to-equity ratio of 0.79, a quick ratio of 2.02 and a current ratio of 2.29. Kansas City Southern has a 52 week low of $122.35 and a 52 week high of $269.49.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Thursday, January 21st. The transportation company reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.92 by ($0.03). The company had revenue of $693.40 million for the quarter, compared to the consensus estimate of $700.65 million. Kansas City Southern had a return on equity of 13.91% and a net margin of 21.68%. During the same quarter in the prior year, the company earned $1.82 EPS. On average, equities research analysts forecast that Kansas City Southern will post 7.01 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 7th. Shareholders of record on Monday, March 8th were issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 0.82%. This is a positive change from Kansas City Southern’s previous quarterly dividend of $0.44. The ex-dividend date was Friday, March 5th. Kansas City Southern’s dividend payout ratio is currently 31.30%.

A number of research analysts recently issued reports on the company. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lifted their price target on Kansas City Southern from $220.00 to $250.00 in a report on Monday, January 11th. Cowen lifted their price target on Kansas City Southern from $203.00 to $246.00 and gave the company an “outperform” rating in a report on Monday, January 25th. Wells Fargo & Company lifted their price target on Kansas City Southern from $257.00 to $275.00 and gave the company an “overweight” rating in a report on Monday, March 29th. Smith Barney Citigroup lifted their price objective on Kansas City Southern from $220.00 to $250.00 in a research report on Monday, January 11th. Finally, Barclays lifted their price objective on Kansas City Southern from $220.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Monday, January 25th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $215.44.

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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Institutional Ownership by Quarter for Kansas City Southern (NYSE:KSU)

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