Two Sigma Investments LP lowered its holdings in Kansas City Southern (NYSE:KSU) by 53.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 304,859 shares of the transportation company’s stock after selling 356,243 shares during the quarter. Two Sigma Investments LP owned 0.30% of Kansas City Southern worth $32,077,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Janus Henderson Group PLC increased its stake in Kansas City Southern by 64.7% in the third quarter. Janus Henderson Group PLC now owns 452,260 shares of the transportation company’s stock valued at $49,151,000 after acquiring an additional 177,706 shares during the period. Schwab Charles Investment Management Inc. grew its stake in Kansas City Southern by 2.7% during the third quarter. Schwab Charles Investment Management Inc. now owns 365,557 shares of the transportation company’s stock worth $39,729,000 after buying an additional 9,585 shares during the last quarter. Victory Capital Management Inc. grew its stake in Kansas City Southern by 15.9% during the fourth quarter. Victory Capital Management Inc. now owns 42,259 shares of the transportation company’s stock worth $4,446,000 after buying an additional 5,798 shares during the last quarter. Impala Asset Management LLC grew its stake in Kansas City Southern by 4,730.9% during the third quarter. Impala Asset Management LLC now owns 458,353 shares of the transportation company’s stock worth $49,814,000 after buying an additional 448,865 shares during the last quarter. Finally, Macquarie Group Ltd. grew its stake in Kansas City Southern by 22.0% during the third quarter. Macquarie Group Ltd. now owns 13,300 shares of the transportation company’s stock worth $1,446,000 after buying an additional 2,400 shares during the last quarter. 87.98% of the stock is currently owned by institutional investors and hedge funds.
In other news, CMO Brian D. Hancock sold 2,325 shares of the company’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $113.00, for a total transaction of $262,725.00. Following the transaction, the chief marketing officer now directly owns 19,455 shares in the company, valued at $2,198,415. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Henry J. Maier bought 1,000 shares of Kansas City Southern stock in a transaction dated Monday, February 12th. The shares were bought at an average price of $104.35 per share, for a total transaction of $104,350.00. Following the completion of the transaction, the director now directly owns 5,159 shares of the company’s stock, valued at approximately $538,341.65. The disclosure for this purchase can be found here. 0.95% of the stock is currently owned by corporate insiders.
Kansas City Southern (KSU) opened at $109.58 on Wednesday. Kansas City Southern has a 12-month low of $81.54 and a 12-month high of $114.85. The stock has a market cap of $11,463.68, a P/E ratio of 21.27, a PEG ratio of 1.37 and a beta of 0.89. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.54 and a current ratio of 0.70.
Kansas City Southern (NYSE:KSU) last announced its earnings results on Friday, January 19th. The transportation company reported $1.38 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.36 by $0.02. Kansas City Southern had a net margin of 37.24% and a return on equity of 12.07%. The company had revenue of $660.40 million for the quarter, compared to analyst estimates of $658.33 million. During the same period in the prior year, the business earned $1.21 earnings per share. Kansas City Southern’s quarterly revenue was up 10.3% on a year-over-year basis. research analysts anticipate that Kansas City Southern will post 6.23 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 4th. Stockholders of record on Monday, March 12th will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, March 9th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.31%. Kansas City Southern’s payout ratio is 15.64%.
Kansas City Southern 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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