Morgan Stanley set a $111.00 target price on Kansas City Southern (NYSE:KSU) in a report released on Monday morning, Stock Target Advisor reports. The brokerage currently has a hold rating on the transportation company’s stock.
A number of other analysts have also commented on KSU. Citigroup set a $20.00 price objective on Compania de Minas Buenaventura SAA and gave the stock a buy rating in a report on Thursday, April 4th. Zacks Investment Research raised Garrett Motion from a sell rating to a hold rating in a report on Friday, May 10th. Raymond James reissued an average rating and set a $10.50 price objective on shares of Hudbay Minerals in a report on Thursday, April 18th. BMO Capital Markets decreased their price objective on Pentair to $39.00 and set a market perform rating for the company in a report on Thursday, April 18th. Finally, Barclays decreased their price objective on Kansas City Southern from $130.00 to $128.00 and set an equal weight rating for the company in a report on Thursday, April 4th. Five analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of Buy and an average price target of $127.36.
Shares of KSU opened at $121.13 on Monday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.36 and a quick ratio of 1.02. The business’s 50 day moving average is $119.12. The company has a market cap of $12.19 billion, a price-to-earnings ratio of 20.29, a P/E/G ratio of 1.22 and a beta of 0.93. Kansas City Southern has a 52 week low of $90.55 and a 52 week high of $125.92.
Kansas City Southern (NYSE:KSU) last issued its quarterly earnings data on Wednesday, April 17th. The transportation company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.10. The firm had revenue of $674.80 million during the quarter, compared to analyst estimates of $669.08 million. Kansas City Southern had a return on equity of 12.40% and a net margin of 21.30%. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.30 EPS. On average, analysts expect that Kansas City Southern will post 6.74 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, June 10th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend was Friday, June 7th. Kansas City Southern’s dividend payout ratio is presently 24.12%.
In other news, EVP Brian D. Hancock sold 4,648 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $124.77, for a total value of $579,930.96. Following the completion of the transaction, the executive vice president now directly owns 30,276 shares of the company’s stock, valued at $3,777,536.52. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Lu M. Cordova sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 4th. The shares were sold at an average price of $116.85, for a total value of $116,850.00. Following the completion of the transaction, the director now directly owns 1,032 shares of the company’s stock, valued at $120,589.20. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,285 shares of company stock valued at $3,987,116. 0.82% of the stock is currently owned by corporate insiders.
Institutional investors have recently bought and sold shares of the stock. CSat Investment Advisory L.P. lifted its stake in Kansas City Southern by 82.2% in the fourth quarter. CSat Investment Advisory L.P. now owns 266 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 120 shares during the last quarter. Thor Advisors LLC purchased a new position in Kansas City Southern in the first quarter valued at approximately $37,000. Nelson Roberts Investment Advisors LLC purchased a new position in Kansas City Southern in the first quarter valued at approximately $40,000. Bogart Wealth LLC purchased a new position in Kansas City Southern in the first quarter valued at approximately $46,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new position in Kansas City Southern in the fourth quarter valued at approximately $43,000. Institutional investors and hedge funds own 86.45% of the company’s stock.
About Kansas City Southern
Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.
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