Captrust Financial Advisors grew its stake in Kansas City Southern (NYSE:KSU) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,687 shares of the transportation company’s stock after purchasing an additional 685 shares during the period. Captrust Financial Advisors’ holdings in Kansas City Southern were worth $1,128,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its stake in shares of Kansas City Southern by 2.1% in the 4th quarter. Wells Fargo & Company MN now owns 2,454,985 shares of the transportation company’s stock valued at $258,314,000 after purchasing an additional 50,253 shares during the period. Allianz Asset Management GmbH grew its stake in shares of Kansas City Southern by 26.9% in the 4th quarter. Allianz Asset Management GmbH now owns 1,998,103 shares of the transportation company’s stock valued at $210,240,000 after purchasing an additional 423,999 shares during the period. Amundi Pioneer Asset Management Inc. grew its position in Kansas City Southern by 1.7% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 1,729,659 shares of the transportation company’s stock worth $181,996,000 after acquiring an additional 28,159 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Kansas City Southern by 4.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,413,239 shares of the transportation company’s stock worth $153,586,000 after acquiring an additional 62,673 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Kansas City Southern by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 1,130,924 shares of the transportation company’s stock worth $118,754,000 after acquiring an additional 43,161 shares during the last quarter. Institutional investors own 87.98% of the company’s stock.
Kansas City Southern (NYSE KSU) opened at $109.58 on Wednesday. Kansas City Southern has a 1-year low of $81.54 and a 1-year high of $114.85. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $11,290.00, a price-to-earnings ratio of 20.99, a price-to-earnings-growth ratio of 1.38 and a beta of 0.89.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 4th. Shareholders of record on Monday, March 12th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.31%. The ex-dividend date is Friday, March 9th. Kansas City Southern’s dividend payout ratio is 27.59%.
KSU has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Kansas City Southern from a “hold” rating to a “buy” rating and set a $123.00 price target on the stock in a research report on Tuesday, February 27th. Credit Suisse Group restated an “outperform” rating and set a $121.00 price target (down from $126.00) on shares of Kansas City Southern in a research report on Thursday, March 8th. BMO Capital Markets restated a “hold” rating and set a $109.00 price target on shares of Kansas City Southern in a research report on Friday, November 24th. Finally, Morgan Stanley restated an “equal weight” rating and set a $102.00 price target (up from $97.00) on shares of Kansas City Southern in a research report on Thursday, March 8th. Six equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $115.53.
In other news, Director Henry J. Maier acquired 1,000 shares of Kansas City Southern stock in a transaction on Monday, February 12th. The shares were purchased at an average price of $104.35 per share, with a total value of $104,350.00. Following the acquisition, the director now owns 5,159 shares in the company, valued at $538,341.65. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CMO Brian D. Hancock sold 2,325 shares of the company’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $113.00, for a total value of $262,725.00. Following the transaction, the chief marketing officer now directly owns 19,455 shares in the company, valued at approximately $2,198,415. The disclosure for this sale can be found here. 0.95% of the stock is currently owned by corporate insiders.
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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.
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