Toronto Dominion Bank Has $4.97 Million Stake in Kansas City Southern (KSU)

Toronto Dominion Bank increased its position in shares of Kansas City Southern (NYSE:KSU) by 11.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 47,212 shares of the transportation company’s stock after purchasing an additional 4,695 shares during the quarter. Toronto Dominion Bank’s holdings in Kansas City Southern were worth $4,967,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. purchased a new stake in Kansas City Southern in the third quarter valued at approximately $1,750,000. QS Investors LLC raised its position in Kansas City Southern by 0.5% in the second quarter. QS Investors LLC now owns 1,320 shares of the transportation company’s stock valued at $138,000 after purchasing an additional 7 shares during the period. Robeco Institutional Asset Management B.V. purchased a new stake in Kansas City Southern in the third quarter valued at approximately $7,558,000. Fox Run Management L.L.C. purchased a new stake in Kansas City Southern in the third quarter valued at approximately $826,000. Finally, Janus Henderson Group PLC raised its position 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 purchasing an additional 177,706 shares during the period. 83.75% of the stock is currently owned by hedge funds and other institutional investors.

Kansas City Southern (KSU) opened at $107.35 on Wednesday. The company has a market cap of $11,233.87, a price-to-earnings ratio of 11.66, a price-to-earnings-growth ratio of 1.34 and a beta of 0.83. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.70 and a quick ratio of 0.54. Kansas City Southern has a 12 month low of $81.54 and a 12 month high of $114.85.

Kansas City Southern (NYSE:KSU) last posted its quarterly earnings results on Friday, January 19th. The transportation company reported $1.38 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $0.02. The business had revenue of $660.40 million during the quarter, compared to the consensus estimate of $658.33 million. Kansas City Southern had a net margin of 37.24% and a return on equity of 12.07%. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.21 earnings per share. sell-side analysts forecast that Kansas City Southern will post 6.24 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 4th. Shareholders of record on Monday, March 12th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Friday, March 9th. This represents a $1.44 annualized dividend and a dividend yield of 1.34%. Kansas City Southern’s dividend payout ratio (DPR) is 15.64%.

A number of analysts have issued reports on KSU shares. Zacks Investment Research raised Kansas City Southern from a “hold” rating to a “buy” rating and set a $124.00 target price on the stock in a research report on Tuesday, December 12th. BMO Capital Markets reissued a “hold” rating and issued a $109.00 target price on shares of Kansas City Southern in a research report on Friday, November 24th. Finally, Goldman Sachs Group started coverage on Kansas City Southern in a research report on Monday, November 13th. They issued a “neutral” rating and a $109.00 target price on the stock. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. Kansas City Southern currently has a consensus rating of “Buy” and a consensus price target of $115.47.

In other news, Director Henry J. Maier bought 1,000 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was purchased at an average price of $104.35 per share, for a total transaction of $104,350.00. Following the completion of the purchase, the director now owns 5,159 shares in the company, valued at approximately $538,341.65. The purchase 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 stock was 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.

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

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