Insider Selling: Robert L. Tritt Unloads 5,000 Shares of DST Systems Stock (DST)
DST Systems (NYSE:DST) EVP Robert L. Tritt sold 5,000 shares of DST Systems stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $91.36, for a total value of $456,800.00. Following the sale, the executive vice president now directly owns 4,898 shares in the company, valued at approximately $447,481. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on DST shares. Analysts at Zacks reiterated a “neutral” rating on shares of DST Systems in a research note on Tuesday, February 4th. 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 on Wednesday, December 18th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $95.00.
Shares of DST Systems (NYSE:DST) traded up 4.51% during mid-day trading on Wednesday, hitting $95.30. The stock had a trading volume of 615,707 shares. DST Systems has a 1-year low of $64.01 and a 1-year high of $95.38. The stock’s 50-day moving average is $90.55 and its 200-day moving average is $82.3. The company has a market cap of $3.983 billion and a price-to-earnings ratio of 11.40.
DST Systems (NYSE:DST) last released its earnings data on Friday, January 31st. The company reported $1.34 earnings per share (EPS) for the quarter, beating the 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 declared a quarterly dividend, which is scheduled for Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Wednesday, February 26th.
DST Systems, Inc (NYSE:DST) is global providers of technology-based service solutions.
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