KSU has been the subject of a number of other research reports. Stifel Nicolaus downgraded Kansas City Southern from a buy rating to a hold rating and set a $162.00 price target for the company. in a research note on Wednesday, August 5th. Wells Fargo & Company increased their price target on Kansas City Southern from $176.00 to $180.00 and gave the stock an overweight rating in a research note on Monday, July 20th. Morgan Stanley lifted their price objective on Kansas City Southern from $125.00 to $136.00 and gave the stock an equal weight rating in a report on Monday, July 20th. Deutsche Bank decreased their price objective on Kansas City Southern from $166.00 to $163.00 and set a hold rating for the company in a report on Wednesday, June 17th. Finally, Citigroup lifted their price objective on Kansas City Southern from $154.00 to $175.00 and gave the stock a buy rating in a report on Thursday, June 25th. One analyst has rated the stock with a sell rating, twelve have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Kansas City Southern has an average rating of Hold and a consensus price target of $165.38.
Shares of NYSE:KSU opened at $186.65 on Monday. The firm has a market cap of $17.61 billion, a P/E ratio of 31.91, a P/E/G ratio of 1.80 and a beta of 0.95. The company has a quick ratio of 2.16, a current ratio of 2.44 and a debt-to-equity ratio of 0.79. Kansas City Southern has a 12-month low of $92.86 and a 12-month high of $200.00. The business has a fifty day simple moving average of $182.02 and a 200 day simple moving average of $151.02.
Kansas City Southern (NYSE:KSU) last announced its earnings results on Friday, July 17th. The transportation company reported $1.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.05. The business had revenue of $547.90 million during the quarter, compared to analyst estimates of $550.59 million. Kansas City Southern had a return on equity of 13.80% and a net margin of 20.63%. Kansas City Southern’s revenue for the quarter was down 23.3% compared to the same quarter last year. During the same period last year, the company earned $1.64 EPS. As a group, equities research analysts expect that Kansas City Southern will post 6.89 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Monday, September 14th will be given a $0.40 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.60 dividend on an annualized basis and a yield of 0.86%. Kansas City Southern’s payout ratio is 23.19%.
In related news, CAO Suzanne M. Grafton sold 917 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $184.37, for a total value of $169,067.29. Following the completion of the sale, the chief accounting officer now owns 9,919 shares in the company, valued at approximately $1,828,766.03. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lora S. Cheatum sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $175.66, for a total value of $263,490.00. Following the completion of the sale, the vice president now owns 17,398 shares of the company’s stock, valued at approximately $3,056,132.68. The disclosure for this sale can be found here. Insiders sold a total of 10,409 shares of company stock valued at $1,688,672 in the last 90 days. 0.82% of the stock is currently owned by corporate insiders.
Institutional investors have recently made changes to their positions in the business. Security National Trust Co. lifted its stake in Kansas City Southern by 134.9% in the first quarter. Security National Trust Co. now owns 202 shares of the transportation company’s stock worth $26,000 after acquiring an additional 116 shares during the last quarter. Beese Fulmer Investment Management Inc. acquired a new stake in Kansas City Southern during the second quarter worth about $26,000. Rosenberg Matthew Hamilton acquired a new stake in Kansas City Southern during the second quarter worth about $30,000. Elmwood Wealth Management Inc. acquired a new stake in Kansas City Southern during the first quarter worth about $33,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in Kansas City Southern during the first quarter worth about $36,000. 88.72% of the stock is currently owned by institutional investors and hedge funds.
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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