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Kirby Corp. (NYSE:KEX) Director Richard Ross Stewart sold 4,790 shares of the company’s stock on the open market in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $99.08, for a total transaction of $474,593.20. Following the transaction, the director now directly owns 9,000 shares in the company, valued at approximately $891,720. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

A number of analysts have recently weighed in on KEX shares. Analysts at FBR Capital Markets reiterated a “positive” rating on shares of Kirby Corp. in a research note on Friday, January 31st. Analysts at Global Hunter Securities downgraded shares of Kirby Corp. from a “buy” rating to a “neutral” rating in a research note on Monday, January 6th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $88.86.

Shares of Kirby Corp. (NYSE:KEX) traded up 1.54% on Thursday, hitting $100.85. The stock had a trading volume of 577,997 shares. Kirby Corp. has a 1-year low of $71.44 and a 1-year high of $103.89. The stock has a 50-day moving average of $98.53 and a 200-day moving average of $90.87. The company has a market cap of $5.730 billion and a P/E ratio of 22.37.

Kirby Corp. (NYSE:KEX) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $1.13 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.13. The company had revenue of $568.40 million for the quarter, compared to the consensus estimate of $554.75 million. During the same quarter in the prior year, the company posted $1.03 earnings per share. The company’s quarterly revenue was up 10.9% on a year-over-year basis. On average, analysts predict that Kirby Corp. will post $4.93 earnings per share for the current fiscal year.

Kirby Corporation is a domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, and along all three United States coasts and in Alaska and Hawaii.

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