CAPROCK Group Inc. Makes New Investment in Kansas City Southern (NYSE:KSU)

CAPROCK Group Inc. bought a new position in shares of Kansas City Southern (NYSE:KSU) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 764 shares of the transportation company’s stock, valued at approximately $217,000.

Other hedge funds also recently made changes to their positions in the company. Harbour Investments Inc. acquired a new stake in Kansas City Southern during the 1st quarter worth approximately $40,000. CX Institutional grew its stake in shares of Kansas City Southern by 33.1% in the second quarter. CX Institutional now owns 173 shares of the transportation company’s stock valued at $49,000 after buying an additional 43 shares in the last quarter. CSat Investment Advisory L.P. grew its stake in shares of Kansas City Southern by 21.0% in the first quarter. CSat Investment Advisory L.P. now owns 196 shares of the transportation company’s stock valued at $52,000 after buying an additional 34 shares in the last quarter. LFA Lugano Financial Advisors SA bought a new position in shares of Kansas City Southern in the second quarter valued at $57,000. Finally, Penserra Capital Management LLC grew its stake in shares of Kansas City Southern by 17.9% in the first quarter. Penserra Capital Management LLC now owns 231 shares of the transportation company’s stock valued at $60,000 after buying an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 80.71% of the company’s stock.

Several equities analysts recently weighed in on KSU shares. Barclays decreased their target price on shares of Kansas City Southern from $310.00 to $275.00 and set an “underweight” rating for the company in a research note on Monday, October 4th. Loop Capital cut shares of Kansas City Southern from a “buy” rating to a “hold” rating and set a $288.00 price objective for the company. in a research report on Wednesday, September 1st. Wolfe Research cut shares of Kansas City Southern from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 15th. Raymond James reduced their target price on shares of Kansas City Southern from $286.00 to $281.00 and set an “outperform” rating for the company in a research report on Thursday, July 15th. Finally, Wells Fargo & Company boosted their price target on Kansas City Southern from $275.00 to $300.00 and gave the company an “equal weight” rating in a research note on Thursday, October 7th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $265.50.

Kansas City Southern stock opened at $286.68 on Thursday. The stock has a market capitalization of $26.08 billion, a price-to-earnings ratio of 217.18 and a beta of 1.07. Kansas City Southern has a 52-week low of $171.82 and a 52-week high of $315.39. The stock’s 50 day moving average price is $283.54 and its two-hundred day moving average price is $282.93. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.54 and a current ratio of 0.65.

Kansas City Southern (NYSE:KSU) last posted its quarterly earnings results on Thursday, July 15th. The transportation company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.09). The business had revenue of $749.50 million for the quarter, compared to the consensus estimate of $749.06 million. Kansas City Southern had a return on equity of 16.17% and a net margin of 4.63%. Kansas City Southern’s quarterly revenue was up 36.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.16 earnings per share. On average, equities research analysts forecast that Kansas City Southern will post 8.84 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 6th. Shareholders of record on Monday, September 13th were issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date was Friday, September 10th. Kansas City Southern’s payout ratio is 31.03%.

Kansas City Southern Profile

Kansas City Southern is a transportation holding company. It focuses on the growing north or south freight corridor connecting key commercial and industrial markets in the central United States with major industrial cities in Mexico. The firm also engages in the freight rail transportation business operating through a single coordinated rail network.

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Institutional Ownership by Quarter for Kansas City Southern (NYSE:KSU)

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