DST Systems Inc. (DST) CFO Gregg Wm Givens Sells 10,000 Shares of Stock
DST Systems Inc. (NYSE:DST) CFO Gregg Wm Givens sold 10,000 shares of the stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $117.38, for a total value of $1,173,800.00. Following the completion of the transaction, the chief financial officer now owns 53,404 shares in the company, valued at $6,268,561.52. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Gregg Wm Givens also recently made the following trade(s):
- On Thursday, September 1st, Gregg Wm Givens sold 10,000 shares of DST Systems stock. The shares were sold at an average price of $121.52, for a total value of $1,215,200.00.
- On Wednesday, August 3rd, Gregg Wm Givens sold 534 shares of DST Systems stock. The shares were sold at an average price of $121.41, for a total value of $64,832.94.
DST Systems Inc. (NYSE:DST) opened at 116.20 on Thursday. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 15.91 and a beta of 1.27. DST Systems Inc. has a 52-week low of $97.32 and a 52-week high of $128.66. The stock has a 50 day moving average price of $120.06 and a 200 day moving average price of $118.56.
DST Systems (NYSE:DST) last announced its quarterly earnings results on Thursday, July 21st. The company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.08. The company earned $526.20 million during the quarter, compared to the consensus estimate of $545.57 million. DST Systems had a net margin of 9.90% and a return on equity of 21.20%. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.39 earnings per share. Analysts anticipate that DST Systems Inc. will post $5.67 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Friday, August 26th were issued a dividend of $0.33 per share. The ex-dividend date was Wednesday, August 24th. This represents a $1.32 annualized dividend and a dividend yield of 1.14%. DST Systems’s dividend payout ratio (DPR) is presently 18.08%.
Several research firms have recently issued reports on DST. Zacks Investment Research lowered DST Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, September 20th. Robert W. Baird restated an “outperform” rating and issued a $132.00 price target on shares of DST Systems in a research report on Monday, June 27th. Finally, Morgan Stanley restated a “hold” rating on shares of DST Systems in a research report on Wednesday, June 15th.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Fisher Asset Management LLC bought a new position in shares of DST Systems during the second quarter valued at about $16,891,000. Prudential Financial Inc. increased its position in shares of DST Systems by 14.8% in the first quarter. Prudential Financial Inc. now owns 485,417 shares of the company’s stock valued at $54,740,000 after buying an additional 62,699 shares during the period. Scopia Capital Management LP increased its position in shares of DST Systems by 17.5% in the first quarter. Scopia Capital Management LP now owns 1,496,655 shares of the company’s stock valued at $168,778,000 after buying an additional 223,065 shares during the period. Renaissance Technologies LLC bought a new position in shares of DST Systems during the first quarter valued at about $26,343,000. Finally, Cutler Group LP increased its position in shares of DST Systems by 703.2% in the first quarter. Cutler Group LP now owns 1,253 shares of the company’s stock valued at $141,000 after buying an additional 1,097 shares during the period. Institutional investors own 86.46% of the company’s stock.
About DST Systems
DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through unified data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.
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