Kansas City Southern Sees Unusually Large Options Volume (NYSE:KSU)

Kansas City Southern (NYSE:KSU) was the recipient of some unusual options trading activity on Wednesday. Investors acquired 8,079 put options on the company. This is an increase of 1,327% compared to the typical daily volume of 566 put options.

In related news, CMO Brian D. Hancock sold 2,325 shares of Kansas City Southern stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $113.00, for a total value of $262,725.00. Following the completion of the sale, the chief marketing officer now owns 19,455 shares in the company, valued at $2,198,415. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Jeffrey M. Songer sold 3,000 shares of the business’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $111.80, for a total transaction of $335,400.00. The disclosure for this sale can be found here. Insiders own 0.95% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in KSU. Assenagon Asset Management S.A. bought a new stake in shares of Kansas City Southern during the third quarter worth $1,750,000. QS Investors LLC grew its holdings in shares of Kansas City Southern by 0.5% during the second quarter. QS Investors LLC now owns 1,320 shares of the transportation company’s stock worth $138,000 after purchasing an additional 7 shares during the last quarter. Robeco Institutional Asset Management B.V. bought a new position in Kansas City Southern in the third quarter valued at about $7,558,000. Fox Run Management L.L.C. bought a new position in Kansas City Southern in the third quarter valued at about $826,000. Finally, Janus Henderson Group PLC boosted its holdings 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 last quarter. Hedge funds and other institutional investors own 84.18% of the company’s stock.

Several brokerages have recently issued reports on KSU. Zacks Investment Research downgraded shares of Kansas City Southern from a “buy” rating to a “hold” rating in a report on Wednesday, December 20th. BMO Capital Markets reiterated a “hold” rating and issued a $109.00 price target on shares of Kansas City Southern in a research report on Friday, November 24th. Barclays boosted their price objective on Kansas City Southern from $100.00 to $105.00 and gave the stock an “equal weight” rating in a report on Monday, October 23rd. Credit Suisse Group boosted their price objective on Kansas City Southern from $122.00 to $124.00 and gave the stock an “outperform” rating in a report on Monday, October 23rd. Finally, Morgan Stanley upped their target price on Kansas City Southern from $88.00 to $90.00 and gave the company an “equal weight” rating in a report on Monday, October 23rd. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $115.47.

Shares of Kansas City Southern (KSU) traded down $2.72 during midday trading on Friday, hitting $110.15. The company had a trading volume of 995,467 shares, compared to its average volume of 1,621,346. The company has a quick ratio of 0.53, a current ratio of 0.70 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $11,351.40, a price-to-earnings ratio of 11.96, a price-to-earnings-growth ratio of 1.37 and a beta of 0.83. Kansas City Southern has a twelve month low of $81.54 and a twelve month high of $114.85.

Kansas City Southern (NYSE:KSU) last issued its earnings results on Friday, January 19th. The transportation company reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.02. Kansas City Southern had a return on equity of 12.07% and a net margin of 37.24%. The business had revenue of $660.40 million during the quarter, compared to analyst estimates of $658.33 million. During the same period in the prior year, the company posted $1.21 earnings per share. Kansas City Southern’s revenue was up 10.3% on a year-over-year basis. equities analysts anticipate that Kansas City Southern will post 6.17 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 4th. Shareholders of record on Monday, March 12th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, March 9th. This represents a $1.44 annualized dividend and a yield of 1.31%. Kansas City Southern’s dividend payout ratio is currently 15.64%.

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Kansas City Southern Company 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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