Oregon Public Employees Retirement Fund maintained its position in shares of Kansas City Southern (NYSE:KSU) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,160 shares of the transportation company’s stock at the end of the second quarter. Oregon Public Employees Retirement Fund’s holdings in Kansas City Southern were worth $1,168,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Boston Common Asset Management LLC raised its position in shares of Kansas City Southern by 63.6% in the first quarter. Boston Common Asset Management LLC now owns 56,095 shares of the transportation company’s stock worth $4,811,000 after buying an additional 21,803 shares during the last quarter. Packer & Co Ltd purchased a new position in shares of Kansas City Southern during the first quarter worth approximately $25,694,000. Comerica Bank raised its position in shares of Kansas City Southern by 15.1% in the first quarter. Comerica Bank now owns 76,595 shares of the transportation company’s stock worth $6,884,000 after buying an additional 10,045 shares during the last quarter. SeaBridge Investment Advisors LLC raised its position in shares of Kansas City Southern by 101.7% in the first quarter. SeaBridge Investment Advisors LLC now owns 76,285 shares of the transportation company’s stock worth $6,542,000 after buying an additional 38,462 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Kansas City Southern by 78.8% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 29,839 shares of the transportation company’s stock worth $2,559,000 after buying an additional 13,155 shares during the last quarter. Hedge funds and other institutional investors own 86.26% of the company’s stock.

Shares of Kansas City Southern (KSU) traded down 0.33% during trading on Thursday, hitting $101.77. The stock had a trading volume of 486,779 shares. The firm has a 50-day moving average of $103.34 and a 200 day moving average of $92.46. The company has a market capitalization of $10.73 billion, a P/E ratio of 20.48 and a beta of 0.80. Kansas City Southern has a 1-year low of $79.05 and a 1-year high of $106.35.

Kansas City Southern (NYSE:KSU) last posted its earnings results on Friday, July 21st. The transportation company reported $1.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.26 by $0.07. Kansas City Southern had a net margin of 21.52% and a return on equity of 11.40%. The company had revenue of $656.40 million for the quarter, compared to analyst estimates of $627.81 million. During the same quarter in the prior year, the business posted $1.22 EPS. The firm’s revenue was up 15.5% compared to the same quarter last year. Equities research analysts predict that Kansas City Southern will post $5.21 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 5th. Investors of record on Monday, June 12th were issued a $0.33 dividend. The ex-dividend date of this dividend was Thursday, June 8th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.29%. Kansas City Southern’s dividend payout ratio is presently 26.51%.

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KSU has been the topic of a number of recent research reports. BidaskClub upgraded Kansas City Southern from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 30th. Credit Suisse Group upgraded Kansas City Southern from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $90.00 to $116.00 in a research report on Friday, June 16th. Cowen and Company increased their price objective on Kansas City Southern from $94.00 to $95.00 and gave the company a “market perform” rating in a research report on Monday, April 24th. Stifel Nicolaus reiterated a “buy” rating and issued a $108.00 price objective on shares of Kansas City Southern in a research report on Friday, June 30th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $114.00 price objective on shares of Kansas City Southern in a research report on Tuesday, April 11th. Twelve equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $103.31.

In other Kansas City Southern news, Director Robert J. Druten sold 3,500 shares of the company’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $92.57, for a total value of $323,995.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.95% of the company’s stock.

About Kansas City Southern

Kansas City Southern (KCS) is a holding company. The Company has 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’s subsidiaries include The Kansas City Southern Railway Company (KCSR) and Kansas City Southern de Mexico, SA de C.V.

Institutional Ownership by Quarter for Kansas City Southern (NYSE:KSU)

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