Kansas City Southern (NYSE:KSU)‘s stock had its “hold” rating restated by equities researchers at BMO Capital Markets in a note issued to investors on Monday. They presently have a $109.00 price objective on the transportation company’s stock. BMO Capital Markets’ price target would suggest a potential upside of 2.82% from the company’s current price.

A number of other brokerages also recently issued reports on KSU. Zacks Investment Research raised shares of Kansas City Southern from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a report on Monday, October 2nd. Morgan Stanley reissued an “equal weight” rating and issued a $88.00 price target (down from $93.00) on shares of Kansas City Southern in a report on Monday, October 2nd. Stifel Nicolaus reissued a “buy” rating and issued a $118.00 price target on shares of Kansas City Southern in a report on Thursday, September 21st. Citigroup Inc. reissued a “buy” rating and issued a $123.00 price target (up from $116.00) on shares of Kansas City Southern in a report on Wednesday, October 4th. Finally, BidaskClub raised shares of Kansas City Southern from a “buy” rating to a “strong-buy” rating in a report on Friday, August 18th. Nine equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Kansas City Southern has an average rating of “Buy” and a consensus price target of $113.31.

Shares of Kansas City Southern (NYSE KSU) traded up 0.78% during mid-day trading on Monday, reaching $106.01. 1,304,845 shares of the company’s stock traded hands. The company has a market cap of $11.18 billion, a P/E ratio of 21.33 and a beta of 0.81. The firm has a 50-day moving average of $105.62 and a 200 day moving average of $99.98. Kansas City Southern has a 12-month low of $79.05 and a 12-month high of $109.13.

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 analysts’ consensus estimates of $1.32 by $0.03. Kansas City Southern had a net margin of 21.52% and a return on equity of 11.40%. The firm had revenue of $653.00 million for the quarter, compared to the consensus estimate of $651.95 million. During the same period in the prior year, the firm posted $1.12 earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. Equities analysts forecast that Kansas City Southern will post $5.18 EPS for the current year.

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

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In other news, Director Antonio O. Garza sold 4,018 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $107.94, for a total value of $433,702.92. Following the transaction, the director now owns 4,920 shares in the company, valued at $531,064.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Henry J. Maier bought 3,000 shares of the business’s stock in a transaction dated Thursday, August 17th. The stock was purchased at an average price of $106.19 per share, for a total transaction of $318,570.00. Following the acquisition, the director now directly owns 4,159 shares of the company’s stock, valued at approximately $441,644.21. The disclosure for this purchase can be found here. Insiders have sold 14,469 shares of company stock worth $1,522,510 over the last quarter. Company insiders own 0.95% of the company’s stock.

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

Kansas City Southern Company Profile

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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