Kansas City Southern (NYSE:KSU) CFO Michael W. Upchurch sold 1,000 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $151.65, for a total value of $151,650.00. Following the completion of the transaction, the chief financial officer now directly owns 20,213 shares in the company, valued at approximately $3,065,301.45. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
KSU traded up $0.33 during mid-day trading on Friday, hitting $152.19. 10,596 shares of the stock were exchanged, compared to its average volume of 841,624. The firm’s fifty day moving average is $150.55 and its two-hundred day moving average is $130.91. Kansas City Southern has a 1-year low of $90.55 and a 1-year high of $156.98. The company has a current ratio of 0.78, a quick ratio of 0.58 and a debt-to-equity ratio of 0.46. The company has a market cap of $15.21 billion, a PE ratio of 25.45, a PEG ratio of 1.47 and a beta of 0.99.
Kansas City Southern (NYSE:KSU) last posted its quarterly earnings results on Friday, October 18th. The transportation company reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.79 by $0.15. The company had revenue of $747.70 million for the quarter, compared to analyst estimates of $734.39 million. Kansas City Southern had a return on equity of 13.03% and a net margin of 20.23%. Kansas City Southern’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.57 EPS. As a group, research analysts anticipate that Kansas City Southern will post 6.95 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 22nd. Shareholders of record on Tuesday, December 31st will be given a $0.40 dividend. The ex-dividend date is Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a yield of 1.05%. This is a positive change from Kansas City Southern’s previous quarterly dividend of $0.36. Kansas City Southern’s dividend payout ratio (DPR) is currently 24.12%.
Several equities analysts have recently commented on KSU shares. Cowen upped their price target on Kansas City Southern from $136.00 to $151.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Wells Fargo & Co started coverage on Kansas City Southern in a research note on Monday, October 28th. They issued a “market perform” rating and a $73.00 price target on the stock. Deutsche Bank reaffirmed a “buy” rating and issued a $165.00 price target on shares of Kansas City Southern in a research note on Monday, October 21st. They noted that the move was a valuation call. Credit Suisse Group set a $158.00 price target on Kansas City Southern and gave the company a “buy” rating in a research note on Friday, October 18th. Finally, Seaport Global Securities upped their price target on Kansas City Southern from $145.00 to $154.00 and gave the company a “buy” rating in a research note on Friday, October 18th. Seven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $143.56.
Hedge funds have recently bought and sold shares of the business. Rehmann Capital Advisory Group raised its position in Kansas City Southern by 81.3% in the 2nd quarter. Rehmann Capital Advisory Group now owns 223 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 100 shares in the last quarter. Horan Capital Advisors LLC. acquired a new stake in Kansas City Southern in the 3rd quarter valued at about $28,000. HM Payson & Co. acquired a new stake in Kansas City Southern in the 2nd quarter valued at about $32,000. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in Kansas City Southern by 1,288.9% in the 3rd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 250 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 232 shares in the last quarter. Finally, Resources Management Corp CT ADV acquired a new stake in Kansas City Southern in the 3rd quarter valued at about $35,000. 88.47% of the stock is currently owned by institutional investors.
About Kansas City Southern
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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