Tyers Asset Management LLC increased its holdings in Kansas City Southern (NYSE:KSU) by 4.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,520 shares of the transportation company’s stock after purchasing an additional 392 shares during the period. Tyers Asset Management LLC’s holdings in Kansas City Southern were worth $1,160,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of KSU. Berman Capital Advisors LLC lifted its position in shares of Kansas City Southern by 164.8% in the second quarter. Berman Capital Advisors LLC now owns 241 shares of the transportation company’s stock worth $29,000 after buying an additional 150 shares during the last quarter. Thor Advisors LLC bought a new stake in shares of Kansas City Southern during the 1st quarter worth about $37,000. Nelson Roberts Investment Advisors LLC bought a new stake in shares of Kansas City Southern during the 1st quarter worth about $40,000. Van ECK Associates Corp acquired a new position in shares of Kansas City Southern during the 2nd quarter valued at about $43,000. Finally, Atlas Capital Advisors LLC acquired a new position in shares of Kansas City Southern during the 2nd quarter valued at about $46,000. 87.12% of the stock is currently owned by hedge funds and other institutional investors.

In other news, EVP Warren K. Erdman sold 6,840 shares of the business’s stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $127.39, for a total transaction of $871,347.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Robert J. Druten sold 2,500 shares of the company’s stock in a transaction dated Monday, July 22nd. The shares were sold at an average price of $125.04, for a total transaction of $312,600.00. The disclosure for this sale can be found here. Insiders sold a total of 11,730 shares of company stock worth $1,482,378 over the last 90 days. Company insiders own 0.82% of the company’s stock.

Several equities research analysts recently weighed in on the company. Credit Suisse Group boosted their target price on Kansas City Southern from $134.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, July 22nd. Morgan Stanley increased their price target on Kansas City Southern from $111.00 to $121.00 and gave the company an “equal weight” rating in a report on Monday, July 22nd. Cowen set a $136.00 price target on shares of Kansas City Southern and gave the company a “buy” rating in a research report on Friday, July 19th. Raymond James boosted their price objective on shares of Kansas City Southern from $140.00 to $141.00 and gave the stock a “strong-buy” rating in a research note on Monday, July 22nd. Finally, Loop Capital upped their price objective on shares of Kansas City Southern to $144.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. Six equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $130.36.

Shares of KSU stock traded down $1.13 during trading hours on Wednesday, reaching $131.96. 732,068 shares of the company’s stock were exchanged, compared to its average volume of 755,544. Kansas City Southern has a fifty-two week low of $90.55 and a fifty-two week high of $133.39. The company has a quick ratio of 0.59, a current ratio of 0.79 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $13.17 billion, a P/E ratio of 22.10, a P/E/G ratio of 1.30 and a beta of 0.92. The business has a fifty day moving average price of $122.73 and a 200-day moving average price of $119.44.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Friday, July 19th. The transportation company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.04. Kansas City Southern had a net margin of 20.35% and a return on equity of 12.45%. The business had revenue of $714.00 million for the quarter, compared to the consensus estimate of $704.55 million. During the same quarter last year, the company posted $1.54 earnings per share. Kansas City Southern’s quarterly revenue was up 4.6% on a year-over-year basis. As a group, research analysts expect that Kansas City Southern will post 6.74 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Monday, September 9th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Friday, September 6th. Kansas City Southern’s dividend payout ratio (DPR) is presently 24.12%.

About Kansas City Southern

Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-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 ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.

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

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