Natixis Has $49.02 Million Position in Kansas City Southern (NYSE:KSU)

Natixis grew its position in shares of Kansas City Southern (NYSE:KSU) by 60.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 172,993 shares of the transportation company’s stock after acquiring an additional 65,427 shares during the quarter. Natixis’ holdings in Kansas City Southern were worth $49,021,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CSat Investment Advisory L.P. increased its position in shares of Kansas City Southern by 21.0% during the first quarter. CSat Investment Advisory L.P. now owns 196 shares of the transportation company’s stock valued at $52,000 after buying an additional 34 shares during the period. Penserra Capital Management LLC raised its holdings in Kansas City Southern by 17.9% in the first quarter. Penserra Capital Management LLC now owns 231 shares of the transportation company’s stock worth $60,000 after purchasing an additional 35 shares in the last quarter. Cresset Asset Management LLC raised its holdings in Kansas City Southern by 2.2% in the second quarter. Cresset Asset Management LLC now owns 1,619 shares of the transportation company’s stock worth $459,000 after purchasing an additional 35 shares in the last quarter. Parallel Advisors LLC raised its holdings in Kansas City Southern by 7.5% in the second quarter. Parallel Advisors LLC now owns 588 shares of the transportation company’s stock worth $167,000 after purchasing an additional 41 shares in the last quarter. Finally, CX Institutional grew its stake in shares of Kansas City Southern by 33.1% in the second quarter. CX Institutional now owns 173 shares of the transportation company’s stock worth $49,000 after acquiring an additional 43 shares during the last quarter. Institutional investors own 80.71% of the company’s stock.

Several research analysts have issued reports on the company. Wolfe Research cut Kansas City Southern from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 15th. TheStreet lowered Kansas City Southern from a “b” rating to a “c+” rating in a research report on Monday, August 16th. lowered Kansas City Southern from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $275.00 to $305.00 in a research report on Tuesday, June 29th. Barclays reduced their target price on Kansas City Southern from $310.00 to $275.00 and set an “underweight” rating on the stock in a research report on Monday, October 4th. Finally, Citigroup lowered their target price on Kansas City Southern from $305.00 to $300.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 6th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $268.00.

Shares of KSU stock opened at $288.86 on Thursday. The company’s fifty day simple moving average is $283.54 and its 200-day simple moving average is $282.93. The company has a quick ratio of 0.54, a current ratio of 0.65 and a debt-to-equity ratio of 0.92. The firm has a market cap of $26.28 billion, a PE ratio of 217.18 and a beta of 1.07. Kansas City Southern has a 12 month low of $171.82 and a 12 month high of $315.39.

Kansas City Southern (NYSE:KSU) last released its quarterly earnings results on Thursday, July 15th. The transportation company reported $2.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.15 by ($0.09). Kansas City Southern had a net margin of 4.63% and a return on equity of 16.17%. The business had revenue of $749.50 million during the quarter, compared to analyst estimates of $749.06 million. During the same quarter last year, the company posted $1.16 earnings per share. The company’s revenue was up 36.8% on a year-over-year basis. On average, equities analysts predict that Kansas City Southern will post 8.84 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 6th. Shareholders of record on Monday, September 13th were issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date was Friday, September 10th. Kansas City Southern’s dividend payout ratio is 31.03%.

Kansas City Southern Profile

Kansas City Southern is a transportation holding company. It focuses on the growing north or south freight corridor connecting key commercial and industrial markets in the central United States with major industrial cities in Mexico. The firm also engages in the freight rail transportation business operating through a single coordinated rail network.

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

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