Kansas City Southern (KSU) Receives Average Recommendation of “Hold” from Analysts
Kansas City Southern (NYSE:KSU) has been assigned an average recommendation of “Hold” from the twenty-four ratings firms that are currently covering the company. One investment analyst has rated the stock with a sell recommendation, fifteen have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $99.71.
A number of brokerages have weighed in on KSU. TheStreet raised Kansas City Southern from a “hold” rating to a “buy” rating in a report on Thursday, July 28th. Zacks Investment Research raised Kansas City Southern from a “hold” rating to a “buy” rating and set a $105.00 target price on the stock in a report on Wednesday, August 3rd. Atlantic Securities began coverage on Kansas City Southern in a report on Thursday, August 11th. They issued a “neutral” rating and a $113.00 target price on the stock. Loop Capital reaffirmed a “buy” rating and issued a $115.00 target price on shares of Kansas City Southern in a report on Monday, August 15th. Finally, Barclays PLC raised Kansas City Southern from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $94.00 to $99.00 in a report on Monday, September 12th.
Kansas City Southern (NYSE:KSU) traded up 0.67% during midday trading on Wednesday, reaching $87.28. The company had a trading volume of 670,950 shares. The company has a market capitalization of $9.39 billion, a PE ratio of 19.34 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. The stock has a 50-day moving average price of $89.51 and a 200 day moving average price of $92.13.
Kansas City Southern (NYSE:KSU) last posted its quarterly earnings data on Tuesday, October 18th. The company reported $1.12 EPS for the quarter, missing the Zacks’ 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 had revenue of $605 million for the quarter, compared to the consensus estimate of $411.30 million. During the same quarter last year, the business earned $1.21 EPS. Kansas City Southern’s revenue was down 4.3% on a year-over-year basis. Equities analysts forecast that Kansas City Southern will post $4.58 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 18th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.33 per share. The ex-dividend date is Wednesday, December 28th. This represents a $1.32 dividend on an annualized basis and a yield of 1.52%. Kansas City Southern’s dividend payout ratio (DPR) is currently 29.33%.
Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Kansas City Southern by 1.4% in the second quarter. Vanguard Group Inc. now owns 9,452,097 shares of the company’s stock worth $851,539,000 after buying an additional 133,749 shares during the period. Winslow Capital Management LLC bought a new position in Kansas City Southern during the second quarter worth about $261,621,000. BlackRock Institutional Trust Company N.A. increased its position in Kansas City Southern by 1.1% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 2,832,641 shares of the company’s stock worth $264,342,000 after buying an additional 29,885 shares during the period. Waddell & Reed Financial Inc. increased its position in Kansas City Southern by 14.8% in the second quarter. Waddell & Reed Financial Inc. now owns 2,558,753 shares of the company’s stock worth $230,518,000 after buying an additional 330,177 shares during the period. Finally, BlackRock Fund Advisors increased its position in Kansas City Southern by 6.4% in the third quarter. BlackRock Fund Advisors now owns 2,204,445 shares of the company’s stock worth $205,719,000 after buying an additional 132,673 shares during the period. Institutional investors and hedge funds own 90.28% 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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