Kansas City Southern (KSU) Given Average Recommendation of “Hold” by Brokerages
Kansas City Southern (NYSE:KSU) has earned an average rating of “Hold” from the twenty-five ratings firms that are currently covering the stock. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $101.96.
KSU has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of Kansas City Southern from a “buy” rating to a “hold” rating in a research note on Wednesday, October 5th. BMO Capital Markets reaffirmed a “market perform” rating and set a $94.00 target price on shares of Kansas City Southern in a research note on Thursday, July 7th. Loop Capital reaffirmed a “buy” rating on shares of Kansas City Southern in a research note on Friday, September 9th. Royal Bank Of Canada boosted their target price on shares of Kansas City Southern from $109.00 to $114.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 20th. Finally, Citigroup Inc. boosted their target price on shares of Kansas City Southern from $108.00 to $109.00 and gave the stock a “buy” rating in a research note on Wednesday, July 20th.
Kansas City Southern (NYSE:KSU) traded up 0.96% during mid-day trading on Wednesday, hitting $93.47. 891,046 shares of the company were exchanged. The company has a market capitalization of $10.09 billion, a P/E ratio of 20.34 and a beta of 1.14. Kansas City Southern has a 12-month low of $62.20 and a 12-month high of $100.69. The company’s 50-day moving average is $93.17 and its 200 day moving average is $92.96.
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Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Tuesday, October 18th. The company reported $1.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by $0.10. The firm earned $605 million during the quarter, compared to the consensus estimate of $411.30 million. Kansas City Southern had a net margin of 21.13% and a return on equity of 12.00%. The business’s revenue was down 4.3% compared to the same quarter last year. During the same period last year, the business earned $1.21 earnings per share. Analysts expect that Kansas City Southern will post $4.73 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 5th. Stockholders of record on Monday, September 12th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 1.43%. The ex-dividend date was Thursday, September 8th. Kansas City Southern’s payout ratio is presently 28.82%.
In other news, CEO Patrick J. Ottensmeyer sold 5,000 shares of the business’s stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $95.62, for a total transaction of $478,100.00. Following the completion of the sale, the chief executive officer now directly owns 90,228 shares of the company’s stock, valued at $8,627,601.36. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Michael W. Upchurch sold 5,367 shares of the business’s stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $95.18, for a total transaction of $510,831.06. Following the sale, the chief financial officer now directly owns 16,808 shares of the company’s stock, valued at $1,599,785.44. The disclosure for this sale can be found here. Insiders own 0.86% of the company’s stock.
Large investors have recently bought and sold shares of the company. Prudential Financial Inc. increased its stake in Kansas City Southern by 0.3% in the first quarter. Prudential Financial Inc. now owns 136,712 shares of the company’s stock valued at $11,683,000 after buying an additional 400 shares during the last quarter. NN Investment Partners Holdings N.V. acquired a new stake in Kansas City Southern during the first quarter valued at approximately $316,000. ING Groep NV acquired a new stake in Kansas City Southern during the first quarter valued at approximately $213,000. Aviva PLC increased its stake in Kansas City Southern by 0.7% in the first quarter. Aviva PLC now owns 55,203 shares of the company’s stock valued at $4,717,000 after buying an additional 377 shares during the last quarter. Finally, Credit Agricole S A increased its stake in Kansas City Southern by 4.9% in the first quarter. Credit Agricole S A now owns 93,317 shares of the company’s stock valued at $7,974,000 after buying an additional 4,393 shares during the last quarter. 91.30% of the stock is owned by institutional investors.
About Kansas City Southern
Kansas City Southern (KCS) is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-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 several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas.
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