Kansas City Southern (NYSE:KSU) had its target price raised by analysts at Morgan Stanley from $88.00 to $90.00 in a research note issued to investors on Monday. The firm currently has an “equal weight” rating on the transportation company’s stock. Morgan Stanley’s price target would indicate a potential downside of 15.10% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the company. BidaskClub upgraded Kansas City Southern from a “buy” rating to a “strong-buy” rating in a report on Friday, August 18th. Cowen and Company upped their price target on Kansas City Southern from $111.00 to $113.00 and gave the stock a “market perform” rating in a report on Monday. Loop Capital reiterated a “buy” rating and set a $124.00 price target (up previously from $118.00) on shares of Kansas City Southern in a report on Monday. Stifel Nicolaus reiterated a “buy” rating and set a $118.00 price target (up previously from $114.00) on shares of Kansas City Southern in a report on Friday, August 18th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $105.00 price target (up previously from $98.00) on shares of Kansas City Southern in a report on Tuesday, July 25th. Nine investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Kansas City Southern presently has a consensus rating of “Buy” and a consensus target price of $113.31.

Kansas City Southern (NYSE KSU) traded up 0.78% during midday trading on Monday, hitting $106.01. The stock had a trading volume of 1,304,845 shares. The stock has a market capitalization of $11.18 billion, a PE ratio of 21.33 and a beta of 0.81. Kansas City Southern has a 1-year low of $79.05 and a 1-year high of $109.13. The stock’s 50-day moving average is $105.68 and its 200-day moving average is $100.32.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings results on Friday, October 20th. The transportation company reported $1.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.32 by $0.03. Kansas City Southern had a return on equity of 11.40% and a net margin of 21.52%. The business had revenue of $653.00 million during the quarter, compared to the consensus estimate of $651.95 million. During the same quarter in the prior year, the company posted $1.12 earnings per share. Kansas City Southern’s revenue was up 8.0% compared to the same quarter last year. On average, equities research analysts anticipate that Kansas City Southern will post $5.18 EPS for the current fiscal year.

Kansas City Southern declared that its Board of Directors has approved a share repurchase plan on Tuesday, August 15th that permits the company to buyback $800.00 million in outstanding shares. This buyback authorization permits the transportation company to reacquire up to 7.1% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its shares are undervalued.

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In other news, Director Henry J. Maier purchased 3,000 shares of the company’s stock in a transaction dated Thursday, August 17th. The shares were purchased at an average price of $106.19 per share, with a total value of $318,570.00. Following the transaction, the director now directly owns 4,159 shares of the company’s stock, valued at $441,644.21. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Delano Jose Guillermo Zozaya sold 6,000 shares of the company’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $102.93, for a total value of $617,580.00. Following the transaction, the insider now directly owns 42,087 shares in the company, valued at approximately $4,332,014.91. The disclosure for this sale can be found here. Insiders have sold a total of 14,469 shares of company stock worth $1,522,510 in the last ninety days. Insiders own 0.95% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of KSU. Envestnet Asset Management Inc. lifted its position in shares of Kansas City Southern by 2.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 2,250 shares of the transportation company’s stock valued at $194,000 after buying an additional 52 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Kansas City Southern by 0.6% during the 1st quarter. Principal Financial Group Inc. now owns 161,583 shares of the transportation company’s stock valued at $13,858,000 after buying an additional 1,012 shares during the last quarter. King Luther Capital Management Corp lifted its position in shares of Kansas City Southern by 13.6% during the 1st quarter. King Luther Capital Management Corp now owns 230,800 shares of the transportation company’s stock valued at $19,793,000 after buying an additional 27,715 shares during the last quarter. United Capital Financial Advisers LLC lifted its position in shares of Kansas City Southern by 104.4% during the 1st quarter. United Capital Financial Advisers LLC now owns 11,231 shares of the transportation company’s stock valued at $963,000 after buying an additional 5,737 shares during the last quarter. Finally, Amalgamated Bank lifted its position in shares of Kansas City Southern by 6.1% during the 1st quarter. Amalgamated Bank now owns 7,557 shares of the transportation company’s stock valued at $648,000 after buying an additional 434 shares during the last quarter. 84.59% of the stock is currently owned by hedge funds and other institutional investors.

About Kansas City Southern

Kansas City Southern (KCS) is a holding company. The Company has 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’s subsidiaries include The Kansas City Southern Railway Company (KCSR) and Kansas City Southern de Mexico, SA de C.V.

Analyst Recommendations for Kansas City Southern (NYSE:KSU)

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