SVA Wealth Management LLC trimmed its holdings in Kansas City Southern (NYSE:KSU) by 13.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,226 shares of the transportation company’s stock after selling 1,936 shares during the period. SVA Wealth Management LLC’s holdings in Kansas City Southern were worth $1,489,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. increased its stake in shares of Kansas City Southern by 0.8% during the second quarter. BlackRock Inc. now owns 6,863,252 shares of the transportation company’s stock worth $836,084,000 after purchasing an additional 52,192 shares during the period. Lazard Asset Management LLC increased its stake in Kansas City Southern by 44.2% during the 1st quarter. Lazard Asset Management LLC now owns 4,186,916 shares of the transportation company’s stock worth $485,598,000 after acquiring an additional 1,283,020 shares during the period. Geode Capital Management LLC increased its stake in Kansas City Southern by 7.8% during the 4th quarter. Geode Capital Management LLC now owns 1,303,947 shares of the transportation company’s stock worth $124,240,000 after acquiring an additional 94,299 shares during the period. Northern Trust Corp increased its stake in shares of Kansas City Southern by 0.7% in the 2nd quarter. Northern Trust Corp now owns 1,204,310 shares of the transportation company’s stock valued at $146,709,000 after purchasing an additional 8,637 shares during the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Kansas City Southern by 0.9% in the 2nd quarter. Bessemer Group Inc. now owns 1,085,444 shares of the transportation company’s stock valued at $132,228,000 after purchasing an additional 9,377 shares during the last quarter. 86.76% of the stock is owned by institutional investors.

In other Kansas City Southern news, Director Robert J. Druten sold 2,500 shares of Kansas City Southern stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $125.04, for a total transaction of $312,600.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Lu M. Cordova sold 1,000 shares of Kansas City Southern stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $124.50, for a total value of $124,500.00. Following the completion of the transaction, the director now directly owns 1,032 shares of the company’s stock, valued at $128,484. The disclosure for this sale can be found here. Insiders have sold a total of 11,730 shares of company stock worth $1,482,378 over the last ninety days. Company insiders own 0.82% of the company’s stock.

Shares of NYSE KSU traded up $0.05 during mid-day trading on Monday, hitting $133.14. 312,051 shares of the stock traded hands, compared to its average volume of 801,293. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.79 and a quick ratio of 0.59. Kansas City Southern has a twelve month low of $90.55 and a twelve month high of $133.74. The company has a market cap of $13.24 billion, a PE ratio of 22.30, a price-to-earnings-growth ratio of 1.31 and a beta of 0.92. The firm has a 50 day simple moving average of $123.06 and a two-hundred day simple moving average of $119.65.

Kansas City Southern (NYSE:KSU) last released its quarterly earnings data on Friday, July 19th. The transportation company reported $1.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.60 by $0.04. Kansas City Southern had a return on equity of 12.45% and a net margin of 20.35%. The company 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 business posted $1.54 EPS. Kansas City Southern’s revenue for the quarter was up 4.6% on a year-over-year basis. On average, equities research analysts anticipate that Kansas City Southern will post 6.74 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Monday, September 9th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Friday, September 6th. Kansas City Southern’s payout ratio is presently 24.12%.

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

Kansas City Southern Company Profile

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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