US Bancorp DE decreased its position in shares of DST Systems, Inc. (NYSE:DST) by 46.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,208 shares of the technology company’s stock after selling 9,682 shares during the period. US Bancorp DE’s holdings in DST Systems were worth $696,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently bought and sold shares of the business. Prudential Financial Inc. increased its position in DST Systems by 8.9% during the third quarter. Prudential Financial Inc. now owns 1,037,864 shares of the technology company’s stock valued at $56,958,000 after acquiring an additional 84,398 shares during the last quarter. Paradice Investment Management LLC boosted its stake in shares of DST Systems by 6.9% during the fourth quarter. Paradice Investment Management LLC now owns 969,499 shares of the technology company’s stock valued at $60,177,000 after purchasing an additional 62,870 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of DST Systems by 15.5% during the third quarter. Dimensional Fund Advisors LP now owns 771,950 shares of the technology company’s stock valued at $42,365,000 after purchasing an additional 103,723 shares during the period. Thompson Siegel & Walmsley LLC boosted its stake in shares of DST Systems by 49.8% during the third quarter. Thompson Siegel & Walmsley LLC now owns 595,508 shares of the technology company’s stock valued at $32,682,000 after purchasing an additional 198,096 shares during the period. Finally, Neuberger Berman Group LLC boosted its stake in shares of DST Systems by 10.2% during the third quarter. Neuberger Berman Group LLC now owns 586,447 shares of the technology company’s stock valued at $32,184,000 after purchasing an additional 54,508 shares during the period. Institutional investors and hedge funds own 85.71% of the company’s stock.
In related news, VP Jonathan J. Boehm sold 20,000 shares of the company’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 directly owns 75,518 shares of the company’s stock, valued at $4,870,911. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders purchased 877 shares of company stock valued at $59,820. 1.82% of the stock is owned by insiders.
A number of analysts have recently issued reports on the stock. Robert W. Baird lowered shares of DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 target price for the company. in a research note on Wednesday, January 17th. Evercore ISI reissued an “in-line” rating on shares of DST Systems in a research note on Friday, January 12th. DA Davidson lowered shares of DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 target price for the company. in a research note on Friday, January 12th. Finally, Zacks Investment Research lowered shares of DST Systems from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $68.50.
Shares of DST Systems, Inc. (NYSE DST) opened at $83.07 on Friday. The stock has a market cap of $4,919.48, a price-to-earnings ratio of 11.55, a PEG ratio of 2.01 and a beta of 1.60. DST Systems, Inc. has a one year low of $50.22 and a one year high of $84.48. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.09 and a current ratio of 1.07.
DST Systems (NYSE:DST) last released its quarterly earnings data on Monday, January 29th. The technology company reported $1.11 earnings per share for the quarter, topping the Zacks’ consensus estimate 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 period in the prior year, the firm earned $0.83 earnings per share. The firm’s revenue for the quarter was up 47.9% compared to the same quarter last year. sell-side analysts predict that DST Systems, Inc. will post 4.13 EPS for the current fiscal year.
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DST Systems Profile
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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