Kansas City Southern (KSU) Given Average Recommendation of “Hold” by Brokerages
Kansas City Southern (NYSE:KSU) has earned a consensus rating of “Hold” from the twenty-five analysts that are currently covering the stock. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $101.96.
Several equities analysts have recently issued reports on KSU shares. RBC Capital Markets reiterated an “outperform” rating and set a $114.00 price target (up from $109.00) on shares of Kansas City Southern in a research report on Wednesday, July 20th. Barclays PLC lifted their price target on Kansas City Southern from $73.00 to $79.00 and gave the company an “underweight” rating in a research report on Wednesday, July 20th. Credit Suisse Group AG reiterated a “neutral” rating and set a $101.00 price target (up from $99.00) on shares of Kansas City Southern in a research report on Friday, July 22nd. Citigroup Inc. lifted their price target on Kansas City Southern from $109.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday, September 13th. Finally, Zacks Investment Research cut Kansas City Southern from a “hold” rating to a “sell” rating in a research report on Wednesday.
Kansas City Southern (NYSE:KSU) traded up 0.96% during trading on Wednesday, reaching $93.47. The company had a trading volume of 891,046 shares. Kansas City Southern has a 52-week low of $62.20 and a 52-week high of $100.69. The stock has a market cap of $10.09 billion, a PE ratio of 20.34 and a beta of 1.14. The company has a 50-day moving average price of $93.17 and a 200 day moving average price of $92.96.
Kansas City Southern (NYSE:KSU) last posted its earnings results on Tuesday, October 18th. The company reported $1.12 EPS for the quarter, missing the consensus estimate of $1.22 by $0.10. Kansas City Southern had a net margin of 21.13% and a return on equity of 12.00%. The business earned $605 million during the quarter, compared to analyst estimates of $411.30 million. During the same quarter in the prior year, the business earned $1.21 earnings per share. The firm’s revenue was down 4.3% compared to the same quarter last year. On average, analysts anticipate that Kansas City Southern will post $4.73 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 5th. Shareholders of record on Monday, September 12th were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Thursday, September 8th. This represents a $1.32 annualized dividend and a yield of 1.43%. Kansas City Southern’s dividend payout ratio (DPR) is currently 28.82%.
In other Kansas City Southern news, CFO Michael W. Upchurch sold 5,367 shares of the firm’s stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $95.18, for a total transaction of $510,831.06. Following the transaction, the chief financial officer now directly owns 16,808 shares in the company, valued at $1,599,785.44. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Patrick J. Ottensmeyer sold 5,000 shares of the firm’s stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $95.62, for a total value of $478,100.00. Following the transaction, the chief executive officer now owns 90,228 shares in the company, valued at $8,627,601.36. The disclosure for this sale can be found here. Company insiders own 0.86% of the company’s stock.
Institutional investors have recently bought and sold shares of the stock. HBK Investments L P bought a new position in Kansas City Southern during the first quarter valued at $1,315,000. Newbrook Capital Advisors LP acquired a new position in Kansas City Southern during the first quarter worth approximately $15,024,000. Geode Capital Management LLC raised its position in Kansas City Southern by 1.9% in the first quarter. Geode Capital Management LLC now owns 889,091 shares of the company’s stock worth $75,820,000 after buying an additional 16,716 shares during the last quarter. Cleararc Capital Inc. acquired a new position in Kansas City Southern during the first quarter worth approximately $226,000. Finally, Pictet Asset Management Ltd. raised its position in Kansas City Southern by 3.6% in the first quarter. Pictet Asset Management Ltd. now owns 60,023 shares of the company’s stock worth $4,904,000 after buying an additional 2,100 shares during the last quarter. Institutional investors own 91.30% of the company’s stock.
About Kansas City Southern
Kansas City Southern (KCS) is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-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 several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas.
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