Analysts Set DST Systems, Inc. (DST) PT at $68.33

DST Systems, Inc. (NYSE:DST) has earned a consensus rating of “Buy” from the six ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $68.00.

Several research analysts recently commented on DST shares. BidaskClub lowered DST Systems from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Zacks Investment Research lowered DST Systems from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Robert W. Baird reiterated a “buy” rating and issued a $68.00 price target on shares of DST Systems in a research report on Thursday, October 12th. Finally, Morgan Stanley lifted their price target on DST Systems from $57.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Monday.

DST Systems (NYSE:DST) traded up 0.85% during mid-day trading on Monday, hitting $57.84. The stock had a trading volume of 286,123 shares. The stock has a market capitalization of $3.50 billion, a P/E ratio of 5.83 and a beta of 1.31. DST Systems has a 52 week low of $47.26 and a 52 week high of $62.94. The company’s 50 day moving average is $54.60 and its 200-day moving average is $57.55.

DST Systems (NYSE:DST) last released its quarterly earnings results on Friday, October 20th. The technology company reported $0.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.03. The company had revenue of $562.60 million during the quarter, compared to analyst estimates of $523.57 million. DST Systems had a return on equity of 16.20% and a net margin of 21.26%. The firm’s revenue was up 45.5% on a year-over-year basis. During the same quarter last year, the business posted $0.77 earnings per share. On average, analysts expect that DST Systems will post $3.09 EPS for the current fiscal year.

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Large investors have recently made changes to their positions in the business. First Bank & Trust boosted its position in shares of DST Systems by 99.8% during the second quarter. First Bank & Trust now owns 1,718 shares of the technology company’s stock valued at $106,000 after buying an additional 858 shares during the period. CENTRAL TRUST Co boosted its position in shares of DST Systems by 3,458.3% during the second quarter. CENTRAL TRUST Co now owns 2,135 shares of the technology company’s stock valued at $132,000 after buying an additional 2,075 shares during the period. CWM LLC purchased a new position in shares of DST Systems during the second quarter valued at approximately $133,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of DST Systems by 119.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the technology company’s stock valued at $144,000 after buying an additional 1,266 shares during the period. Finally, Bank of Montreal Can boosted its position in shares of DST Systems by 102.6% during the second quarter. Bank of Montreal Can now owns 2,926 shares of the technology company’s stock valued at $180,000 after buying an additional 1,482 shares during the period. Institutional investors and hedge funds own 84.23% of the company’s stock.

About DST Systems

DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.

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