Chevy Chase Trust Holdings Inc. lifted its position in shares of Kansas City Southern (NYSE:KSU) by 0.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,945 shares of the transportation company’s stock after acquiring an additional 554 shares during the period. Chevy Chase Trust Holdings Inc. owned approximately 0.09% of Kansas City Southern worth $9,993,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of KSU. Alyeska Investment Group L.P. acquired a new position in Kansas City Southern during the 3rd quarter worth approximately $23,623,000. First Republic Investment Management Inc. increased its position in Kansas City Southern by 19.2% during the 3rd quarter. First Republic Investment Management Inc. now owns 14,032 shares of the transportation company’s stock worth $1,525,000 after purchasing an additional 2,263 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its position in Kansas City Southern by 12.0% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 65,361 shares of the transportation company’s stock worth $7,133,000 after purchasing an additional 7,000 shares in the last quarter. Engineers Gate Manager LP acquired a new position in Kansas City Southern during the 3rd quarter worth approximately $2,165,000. Finally, Impala Asset Management LLC increased its position in Kansas City Southern by 4,730.9% during the 3rd quarter. Impala Asset Management LLC now owns 458,353 shares of the transportation company’s stock worth $49,814,000 after purchasing an additional 448,865 shares in the last quarter. 83.62% of the stock is owned by institutional investors.

In other news, SVP Mary K. Stadler sold 1,973 shares of the stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $103.91, for a total transaction of $205,014.43. Following the completion of the sale, the senior vice president now directly owns 6,102 shares in the company, valued at $634,058.82. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, COO Jeffrey M. Songer sold 3,000 shares of the stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $111.80, for a total transaction of $335,400.00. The disclosure for this sale can be found here. Corporate insiders own 0.95% of the company’s stock.

Shares of Kansas City Southern (KSU) traded down $1.09 during midday trading on Friday, reaching $109.87. 1,507,600 shares of the company’s stock traded hands, compared to its average volume of 1,231,343. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.53 and a current ratio of 0.69. Kansas City Southern has a 1 year low of $79.05 and a 1 year high of $114.85. The firm has a market cap of $11,489.14, a PE ratio of 22.33, a P/E/G ratio of 1.64 and a beta of 0.86.

Kansas City Southern (NYSE:KSU) last posted its quarterly earnings data on Friday, October 20th. The transportation company reported $1.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.32 by $0.03. Kansas City Southern had a net margin of 21.42% and a return on equity of 11.86%. The company had revenue of $653.00 million during the quarter, compared to analysts’ expectations of $651.95 million. During the same period in the prior year, the company posted $1.12 earnings per share. Kansas City Southern’s revenue for the quarter was up 8.0% compared to the same quarter last year. analysts expect that Kansas City Southern will post 5.22 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 17th. Stockholders of record on Friday, December 29th will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, December 28th. Kansas City Southern’s dividend payout ratio (DPR) is presently 28.29%.

A number of research firms recently issued reports on KSU. Zacks Investment Research upgraded shares of Kansas City Southern from a “hold” rating to a “buy” rating and set a $124.00 price objective for the company in a research report on Tuesday. BMO Capital Markets reiterated a “hold” rating and set a $109.00 price objective on shares of Kansas City Southern in a research report on Friday, November 24th. Goldman Sachs Group initiated coverage on shares of Kansas City Southern in a research report on Monday, November 13th. They issued a “neutral” rating and a $109.00 price target for the company. Barclays upped their price target on shares of Kansas City Southern from $100.00 to $105.00 and gave the company an “equal weight” rating in a research report on Monday, October 23rd. Finally, Credit Suisse Group upped their price target on shares of Kansas City Southern from $122.00 to $124.00 and gave the company an “outperform” rating in a research report on Monday, October 23rd. Seven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Kansas City Southern presently has an average rating of “Buy” and an average price target of $113.18.

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Kansas City Southern Profile

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.

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

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