DST Systems, Inc. (DST) Receives Average Recommendation of “Hold” from Analysts
Shares of DST Systems, Inc. (NYSE:DST) have received an average rating of “Hold” from the six brokerages that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $68.33.
DST has been the topic of a number of research reports. Robert W. Baird restated a “buy” rating and issued a $72.00 price objective on shares of DST Systems in a report on Sunday. Morgan Stanley raised their price objective on DST Systems from $57.00 to $61.00 and gave the stock an “equal weight” rating in a report on Monday. Zacks Investment Research downgraded DST Systems from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Finally, BidaskClub downgraded DST Systems from a “hold” rating to a “sell” rating in a report on Thursday, July 27th.
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Institutional investors have recently added to or reduced their stakes in the company. First Bank & Trust raised its holdings in shares of DST Systems by 99.8% in the 2nd quarter. First Bank & Trust now owns 1,718 shares of the technology company’s stock worth $106,000 after purchasing an additional 858 shares during the period. Two Sigma Securities LLC purchased a new position in shares of DST Systems in the 1st quarter worth about $228,000. CENTRAL TRUST Co raised its holdings in shares of DST Systems by 3,458.3% in the 2nd quarter. CENTRAL TRUST Co now owns 2,135 shares of the technology company’s stock worth $132,000 after purchasing an additional 2,075 shares during the period. CWM LLC purchased a new position in shares of DST Systems in the 2nd quarter worth about $133,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of DST Systems by 119.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the technology company’s stock worth $144,000 after purchasing an additional 1,266 shares during the period. Institutional investors own 84.99% of the company’s stock.
DST Systems (DST) traded down 2.60% during trading on Monday, reaching $58.47. The company’s stock had a trading volume of 335,106 shares. The company has a market capitalization of $3.54 billion, a P/E ratio of 5.89 and a beta of 1.31. DST Systems has a 1-year low of $47.26 and a 1-year high of $122.11. The company’s 50-day moving average is $54.18 and its 200-day moving average is $57.63.
DST Systems (NYSE:DST) last released its earnings results on Friday, October 20th. The technology company reported $0.76 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.03. DST Systems had a return on equity of 16.79% and a net margin of 35.46%. The firm had revenue of $562.60 million for the quarter, compared to the consensus estimate of $523.57 million. During the same period in the prior year, the business posted $0.77 earnings per share. The firm’s revenue for the quarter was up 45.5% compared to the same quarter last year. Equities analysts anticipate that DST Systems will post $3.08 EPS for the current year.
About DST Systems
DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.
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