DST Systems, Inc. (DST) Receives $68.33 Consensus Target Price from Brokerages

Shares of DST Systems, Inc. (NYSE:DST) have earned an average rating of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $68.33.

A number of equities research analysts recently weighed in on the stock. Robert W. Baird lowered shares of DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 price objective for the company. in a report on Wednesday, January 17th. Evercore ISI restated an “in-line” rating on shares of DST Systems in a report on Friday, January 12th. Zacks Investment Research lowered shares of DST Systems from a “hold” rating to a “sell” rating in a report on Monday, October 23rd. DA Davidson lowered shares of DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 price target for the company. in a report on Friday, January 12th. Finally, Morgan Stanley boosted their price target on shares of DST Systems from $57.00 to $61.00 and gave the company an “equal weight” rating in a report on Monday, October 23rd.

In other news, VP Jonathan J. Boehm sold 20,000 shares of the business’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $64.50, for a total value of $1,290,000.00. Following the completion of the sale, the vice president now owns 75,518 shares in the company, valued at approximately $4,870,911. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last 90 days, insiders bought 877 shares of company stock valued at $59,820. Company insiders own 1.82% of the company’s stock.

Large investors have recently bought and sold shares of the company. Wedge Capital Management L L P NC raised its holdings in shares of DST Systems by 5,404.0% in the 3rd quarter. Wedge Capital Management L L P NC now owns 414,563 shares of the technology company’s stock valued at $22,751,000 after purchasing an additional 407,031 shares in the last quarter. Algert Global LLC purchased a new position in shares of DST Systems in the 3rd quarter worth approximately $422,000. Fisher Asset Management LLC grew its position in shares of DST Systems by 11.0% in the 3rd quarter. Fisher Asset Management LLC now owns 1,496,669 shares of the technology company’s stock worth $82,137,000 after buying an additional 148,849 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of DST Systems by 103.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 668,227 shares of the technology company’s stock worth $41,227,000 after buying an additional 340,305 shares during the last quarter. Finally, Eagle Asset Management Inc. grew its position in shares of DST Systems by 1.5% in the 3rd quarter. Eagle Asset Management Inc. now owns 272,114 shares of the technology company’s stock worth $14,993,000 after buying an additional 4,116 shares during the last quarter. Institutional investors and hedge funds own 86.76% of the company’s stock.

Shares of DST Systems (NYSE DST) traded down $0.18 on Wednesday, reaching $83.01. 1,341,480 shares of the company were exchanged, compared to its average volume of 1,900,157. DST Systems has a one year low of $50.22 and a one year high of $84.48. The company has a market cap of $5,020.00, a price-to-earnings ratio of 11.68, a price-to-earnings-growth ratio of 2.11 and a beta of 1.60. The company has a quick ratio of 1.09, a current ratio of 1.07 and a debt-to-equity ratio of 0.43.

DST Systems (NYSE:DST) last announced its quarterly earnings data on Monday, January 29th. The technology company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.27. DST Systems had a net margin of 20.35% and a return on equity of 16.90%. The company had revenue of $552.70 million during the quarter, compared to analyst estimates of $538.38 million. During the same quarter last year, the business posted $0.83 EPS. The firm’s revenue for the quarter was up 47.9% on a year-over-year basis. equities analysts predict that DST Systems will post 3.94 EPS for the current year.

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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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