Natixis Advisors L.P. bought a new position in shares of Kansas City Southern (NYSE:KSU) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 11,106 shares of the transportation company’s stock, valued at approximately $1,353,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in KSU. Lazard Asset Management LLC grew its holdings 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. MARSHALL WACE ASIA Ltd acquired a new stake in Kansas City Southern during the 1st quarter worth $72,632,000. Packer & Co Ltd grew its holdings in Kansas City Southern by 132.9% during the 2nd quarter. Packer & Co Ltd now owns 759,998 shares of the transportation company’s stock worth $39,749,000 after acquiring an additional 433,708 shares during the period. AMI Asset Management Corp acquired a new stake in Kansas City Southern during the 2nd quarter worth $30,649,000. Finally, Marshall Wace LLP grew its holdings in Kansas City Southern by 4,141.8% during the 1st quarter. Marshall Wace LLP now owns 202,971 shares of the transportation company’s stock worth $23,541,000 after acquiring an additional 198,186 shares during the period. 86.76% of the stock is owned by hedge funds and other institutional investors.

KSU traded down $0.93 during trading on Tuesday, hitting $131.82. The company had a trading volume of 110,821 shares, compared to its average volume of 818,374. The company has a market capitalization of $13.26 billion, a PE ratio of 22.08, a PEG ratio of 1.32 and a beta of 0.91. Kansas City Southern has a one year low of $90.55 and a one year high of $134.09. The firm’s 50-day moving average price is $123.62 and its 200 day moving average price is $119.99. The company has a quick ratio of 0.59, a current ratio of 0.79 and a debt-to-equity ratio of 0.47.

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

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 2nd. Investors of record on Monday, September 9th will be given a $0.36 dividend. The ex-dividend date is Friday, September 6th. This represents a $1.44 annualized dividend and a yield of 1.09%. Kansas City Southern’s dividend payout ratio is currently 24.12%.

In other Kansas City Southern news, Director Lu M. Cordova sold 1,000 shares of the business’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $124.50, for a total transaction of $124,500.00. Following the sale, the director now directly owns 1,032 shares of the company’s stock, valued at approximately $128,484. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Warren K. Erdman sold 6,840 shares of the business’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $127.39, for a total transaction of $871,347.60. 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 ninety days. 0.82% of the stock is currently owned by insiders.

KSU has been the topic of a number of recent analyst reports. Cascend Securities cut shares of Kansas City Southern from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Raymond James lifted their price target on shares of Kansas City Southern from $140.00 to $141.00 and gave the stock a “strong-buy” rating in a research report on Monday, July 22nd. Morgan Stanley lifted their price target on shares of Kansas City Southern from $111.00 to $121.00 and gave the stock an “equal weight” rating in a research report on Monday, July 22nd. Cowen set a $136.00 price target on shares of Kansas City Southern and gave the stock a “buy” rating in a research report on Friday, July 19th. Finally, Credit Suisse Group lifted their price target on shares of Kansas City Southern from $134.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, July 22nd. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price 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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