Insider Selling: DST Systems EVP Sells 7,087 Shares of Stock (DST)
DST Systems (NYSE:DST) EVP Robert L. Tritt sold 7,087 shares of DST Systems stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $89.04, for a total value of $631,026.48. Following the completion of the transaction, the executive vice president now directly owns 9,898 shares in the company, valued at approximately $881,318. The sale was disclosed in a document filed with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of DST Systems in a research note to investors on Tuesday. They now have a $96.00 price target on the stock. Separately, analysts at Avondale Partners downgraded shares of DST Systems from an “outperform” rating to a “market perform” rating in a research note to investors on Wednesday, December 18th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $95.00.
DST Systems (NYSE:DST) traded up 1.17% during mid-day trading on Friday, hitting $90.22. 133,391 shares of the company’s stock traded hands. DST Systems has a 1-year low of $64.01 and a 1-year high of $93.34. The stock has a 50-day moving average of $90.35 and a 200-day moving average of $81.66. The company has a market cap of $3.771 billion and a price-to-earnings ratio of 11.15.
DST Systems (NYSE:DST) last issued its quarterly earnings data on Friday, January 31st. The company reported $1.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.28 by $0.06. The company had revenue of $497.20 million for the quarter, compared to the consensus estimate of $497.20 million. Analysts expect that DST Systems will post $5.18 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of 0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Wednesday, February 26th.
DST Systems, Inc (NYSE:DST) is global providers of technology-based service solutions.
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