Kansas City Southern (NYSE:KSU) was downgraded by equities research analysts at Citigroup Inc. to a “market perform” rating in a research note issued on Wednesday.

Several other research analysts have also issued reports on the company. Oppenheimer Holdings Inc. restated a “market perform” rating on shares of Kansas City Southern in a research report on Wednesday. Aegis lowered Kansas City Southern from a “buy” rating to a “hold” rating and reduced their price target for the stock from $105.00 to $95.00 in a research report on Wednesday. Bank of America Corp. lowered Kansas City Southern from a “buy” rating to a “neutral” rating and set a $94.00 price target on the stock. in a research report on Wednesday. Zacks Investment Research upgraded Kansas City Southern from a “sell” rating to a “hold” rating in a research report on Thursday, October 27th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $98.00 price target on shares of Kansas City Southern in a research report on Friday, October 21st. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and seven have issued a buy rating to the company’s stock. Kansas City Southern has an average rating of “Hold” and a consensus price target of $99.82.

Analyst Recommendations for Kansas City Southern (NYSE:KSU)

Kansas City Southern (NYSE:KSU) opened at 81.11 on Wednesday. The firm has a 50-day moving average price of $90.79 and a 200 day moving average price of $92.69. The firm has a market capitalization of $8.73 billion, a price-to-earnings ratio of 17.97 and a beta of 0.89. Kansas City Southern has a 12 month low of $62.20 and a 12 month high of $100.69.

Kansas City Southern (NYSE:KSU) last posted its quarterly earnings results on Tuesday, October 18th. The company reported $1.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.22 by $0.10. Kansas City Southern had a return on equity of 11.57% and a net margin of 20.90%. The company earned $605 million during the quarter, compared to the consensus estimate of $411.30 million. During the same quarter in the prior year, the business earned $1.21 earnings per share. The firm’s revenue for the quarter was down 4.3% on a year-over-year basis. On average, equities analysts forecast that Kansas City Southern will post $4.58 EPS for the current year.

A number of institutional investors have recently made changes to their positions in the company. Seven Bridges Advisors LLC increased its position in shares of Kansas City Southern by 30.0% in the second quarter. Seven Bridges Advisors LLC now owns 1,200 shares of the company’s stock worth $108,000 after buying an additional 277 shares during the period. Cornerstone Advisors Inc. boosted its stake in shares of Kansas City Southern by 494.1% in the third quarter. Cornerstone Advisors Inc. now owns 1,319 shares of the company’s stock worth $123,000 after buying an additional 1,097 shares in the last quarter. Global X Management Co. LLC boosted its stake in shares of Kansas City Southern by 123.0% in the third quarter. Global X Management Co. LLC now owns 1,365 shares of the company’s stock worth $127,000 after buying an additional 753 shares in the last quarter. Mizuho Asset Management Co. Ltd. boosted its stake in shares of Kansas City Southern by 57.8% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 1,425 shares of the company’s stock worth $128,000 after buying an additional 522 shares in the last quarter. Finally, Meeder Asset Management Inc. boosted its stake in shares of Kansas City Southern by 1,065.2% in the second quarter. Meeder Asset Management Inc. now owns 1,538 shares of the company’s stock worth $138,000 after buying an additional 1,406 shares in the last quarter. 90.18% of the stock is currently owned by hedge funds and other institutional investors.

Kansas City Southern Company Profile

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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