Seaport Global Securities began coverage on shares of Kansas City Southern (NYSE:KSU) in a research note issued to investors on Wednesday. The firm set an “accumulate” rating on the stock.

Several other equities analysts also recently commented on KSU. Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $107.00 price objective (up previously from $103.00) on shares of Kansas City Southern in a research note on Friday, July 22nd. Credit Suisse Group AG reiterated a “neutral” rating and issued a $101.00 price objective (up previously from $99.00) on shares of Kansas City Southern in a research note on Friday, July 22nd. RBC Capital Markets reiterated an “outperform” rating and issued a $114.00 price objective (up previously from $109.00) on shares of Kansas City Southern in a research note on Wednesday, July 20th. Royal Bank Of Canada upped their price objective on Kansas City Southern from $109.00 to $114.00 and gave the company an “outperform” rating in a research note on Wednesday, July 20th. Finally, Barclays PLC upped their price objective on Kansas City Southern from $73.00 to $79.00 and gave the company an “underweight” rating in a research note on Wednesday, July 20th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $100.92.

Analyst Recommendations for Kansas City Southern (NYSE:KSU)

Kansas City Southern (NYSE:KSU) opened at 92.58 on Wednesday. The company has a market cap of $10.00 billion, a price-to-earnings ratio of 20.15 and a beta of 1.14. Kansas City Southern has a 1-year low of $62.20 and a 1-year high of $100.69. The firm’s 50-day moving average price is $93.17 and its 200-day moving average price is $92.96.

Kansas City Southern (NYSE:KSU) last released its earnings results on Tuesday, October 18th. The company reported $1.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by $0.10. The business earned $605 million during the quarter, compared to the consensus estimate of $411.30 million. Kansas City Southern had a net margin of 21.13% and a return on equity of 12.00%. The business’s revenue was down 4.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.21 earnings per share. Equities research analysts forecast that Kansas City Southern will post $4.73 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 5th. Investors of record on Monday, September 12th were paid a $0.33 dividend. The ex-dividend date of this dividend was Thursday, September 8th. This represents a $1.32 dividend on an annualized basis and a yield of 1.43%. Kansas City Southern’s payout ratio is 28.82%.

In related news, CFO Michael W. Upchurch sold 5,367 shares of the stock in a transaction dated Friday, July 29th. The shares were sold at an average price of $95.18, for a total value of $510,831.06. Following the sale, the chief financial officer now directly owns 16,808 shares of the company’s stock, valued at approximately $1,599,785.44. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Patrick J. Ottensmeyer sold 5,000 shares of the stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $95.62, for a total transaction of $478,100.00. Following the completion of the sale, the chief executive officer now directly owns 90,228 shares in the company, valued at $8,627,601.36. The disclosure for this sale can be found here. 0.86% of the stock is currently owned by corporate insiders.

Large investors have recently modified their holdings of the stock. HBK Investments L P purchased a new position in Kansas City Southern during the first quarter worth about $1,315,000. Newbrook Capital Advisors LP purchased a new position in Kansas City Southern during the first quarter worth about $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 period. Cleararc Capital Inc. purchased a new position in Kansas City Southern during the first quarter worth about $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 period. 91.30% of the stock is currently owned by hedge funds and other institutional investors.

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.

5 Day Chart for NYSE:KSU

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