Robeco Institutional Asset Management B.V. grew its position in shares of Kansas City Southern (NYSE:KSU) by 7.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,666 shares of the transportation company’s stock after purchasing an additional 4,085 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.06% of Kansas City Southern worth $7,151,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. CSat Investment Advisory L.P. raised its stake in shares of Kansas City Southern by 82.2% during the fourth quarter. CSat Investment Advisory L.P. now owns 266 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 120 shares in the last quarter. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Kansas City Southern during the fourth quarter valued at about $43,000. Bogart Wealth LLC bought a new stake in shares of Kansas City Southern during the first quarter valued at about $46,000. Pearl River Capital LLC bought a new stake in shares of Kansas City Southern during the fourth quarter valued at about $58,000. Finally, Essex Investment Management Co. LLC bought a new stake in shares of Kansas City Southern during the fourth quarter valued at about $61,000. Institutional investors own 91.36% of the company’s stock.
NYSE KSU opened at $119.01 on Thursday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.02 and a current ratio of 1.36. The stock has a market cap of $11.80 billion, a price-to-earnings ratio of 19.93, a P/E/G ratio of 1.32 and a beta of 0.90. Kansas City Southern has a 1 year low of $90.55 and a 1 year high of $125.92.
Kansas City Southern (NYSE:KSU) last posted its quarterly earnings data on Wednesday, April 17th. The transportation company reported $1.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.44 by $0.10. The firm had revenue of $674.80 million for the quarter, compared to the consensus estimate of $669.08 million. Kansas City Southern had a return on equity of 12.40% and a net margin of 21.30%. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.30 EPS. On average, sell-side analysts expect that Kansas City Southern will post 6.84 earnings per share for the current year.
In other Kansas City Southern news, EVP Brian D. Hancock sold 4,648 shares of the business’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $124.77, for a total transaction of $579,930.96. Following the sale, the executive vice president now owns 30,276 shares in the company, valued at approximately $3,777,536.52. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Patrick J. Ottensmeyer sold 13,800 shares of Kansas City Southern stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $124.48, for a total value of $1,717,824.00. Following the transaction, the chief executive officer now directly owns 109,725 shares in the company, valued at approximately $13,658,568. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 31,285 shares of company stock worth $3,870,266. Corporate insiders own 0.82% of the company’s stock.
KSU has been the topic of a number of recent analyst reports. Citigroup lifted their price objective on shares of Kansas City Southern from $130.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, April 4th. Bank of America reiterated a “buy” rating and issued a $127.00 price target (up from $122.00) on shares of Kansas City Southern in a research report on Wednesday, March 20th. Loop Capital set a $132.00 price target on shares of Kansas City Southern and gave the stock a “buy” rating in a research report on Friday, February 22nd. Deutsche Bank reiterated a “buy” rating on shares of Kansas City Southern in a research report on Wednesday, February 20th. Finally, Stifel Nicolaus boosted their price target on shares of Kansas City Southern from $120.00 to $128.00 and gave the stock a “buy” rating in a research report on Tuesday, January 22nd. Five investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $127.50.
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Kansas City Southern Company Profile
Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.
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