DST Systems, Inc. (DST) Director Acquires $19,953.45 in Stock

DST Systems, Inc. (NYSE:DST) Director Lowell L. Bryan acquired 319 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The stock was bought at an average cost of $62.55 per share, with a total value of $19,953.45. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of DST Systems, Inc. (DST) traded up $0.41 during trading on Wednesday, hitting $62.37. The company had a trading volume of 262,073 shares, compared to its average volume of 247,300. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.42. DST Systems, Inc. has a 1 year low of $50.22 and a 1 year high of $63.08. The stock has a market cap of $3,760.00, a price-to-earnings ratio of 9.42, a PEG ratio of 1.72 and a beta of 1.37.

DST Systems (NYSE:DST) last announced its quarterly earnings results on Friday, October 20th. The technology company reported $0.76 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.73 by $0.03. DST Systems had a return on equity of 16.20% and a net margin of 21.26%. The firm had revenue of $562.60 million during the quarter, compared to analyst estimates of $523.57 million. During the same quarter in the previous year, the business earned $0.77 EPS. DST Systems’s revenue for the quarter was up 45.5% compared to the same quarter last year. sell-side analysts anticipate that DST Systems, Inc. will post 3.08 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Wednesday, November 22nd were paid a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, November 21st. This represents a $0.72 annualized dividend and a dividend yield of 1.15%. DST Systems’s dividend payout ratio is presently 10.88%.

Institutional investors have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its stake 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 valued at $144,000 after purchasing an additional 1,266 shares in the last quarter. Bank of Montreal Can increased its stake in DST Systems by 102.6% during the 2nd quarter. Bank of Montreal Can now owns 2,926 shares of the technology company’s stock worth $180,000 after buying an additional 1,482 shares in the last quarter. WFG Advisors LP increased its stake in DST Systems by 128.6% during the 2nd quarter. WFG Advisors LP now owns 3,205 shares of the technology company’s stock worth $198,000 after buying an additional 1,803 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its stake in DST Systems by 100.0% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,416 shares of the technology company’s stock worth $211,000 after buying an additional 1,708 shares in the last quarter. Finally, Intl Fcstone Inc. purchased a new stake in DST Systems during the 2nd quarter worth approximately $221,000. Hedge funds and other institutional investors own 85.71% of the company’s stock.

Several brokerages recently weighed in on DST. Zacks Investment Research lowered DST Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Morgan Stanley lifted their price target on DST Systems from $57.00 to $61.00 and gave the company an “equal weight” rating in a research note on Monday, October 23rd. Finally, Robert W. Baird restated a “buy” rating and issued a $68.00 price target on shares of DST Systems in a research note on Thursday, October 12th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $68.50.

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DST Systems Company Profile

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.

Insider Buying and Selling by Quarter for DST Systems (NYSE:DST)

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