Kansas City Southern (KSU) SVP Mary K. Stadler Sells 1,973 Shares

Kansas City Southern (NYSE:KSU) SVP Mary K. Stadler sold 1,973 shares of Kansas City Southern stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $103.91, for a total value of $205,014.43. Following the completion of the sale, the senior vice president now directly owns 6,102 shares of the company’s stock, valued at approximately $634,058.82. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings results on Friday, October 20th. The transportation company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.03. The company had revenue of $653.00 million for the quarter, compared to the consensus estimate of $651.95 million. Kansas City Southern had a return on equity of 11.86% and a net margin of 21.42%. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period last year, the firm earned $1.12 EPS.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 4th. Shareholders of record on Monday, September 11th were given a dividend of $0.36 per share. This is an increase from Kansas City Southern’s previous quarterly dividend of $0.33. This represents a $1.44 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Friday, September 8th. Kansas City Southern’s dividend payout ratio (DPR) is currently 28.29%.

Kansas City Southern announced that its Board of Directors has authorized a stock repurchase program on Tuesday, August 15th that authorizes the company to buyback $800.00 million in outstanding shares. This buyback authorization authorizes the transportation company to repurchase up to 7.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

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Several analysts recently commented on the company. Barclays PLC lifted 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 lifted 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. BMO Capital Markets reaffirmed a “hold” rating and issued a $109.00 price objective on shares of Kansas City Southern in a report on Monday, October 23rd. Morgan Stanley lifted their price objective on Kansas City Southern from $88.00 to $90.00 and gave the stock an “equal weight” rating in a report on Monday, October 23rd. Finally, Cowen and Company lifted their price objective on Kansas City Southern from $111.00 to $113.00 and gave the stock a “market perform” rating in a report on Monday, October 23rd. Nine equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $113.31.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. American Century Companies Inc. grew its position in Kansas City Southern by 211.2% during the 3rd quarter. American Century Companies Inc. now owns 7,901 shares of the transportation company’s stock worth $859,000 after purchasing an additional 5,362 shares during the period. State of Tennessee Treasury Department grew its position in Kansas City Southern by 37.9% during the 3rd quarter. State of Tennessee Treasury Department now owns 40,026 shares of the transportation company’s stock worth $4,350,000 after purchasing an additional 11,010 shares during the period. Stevens Capital Management LP acquired a new stake in Kansas City Southern during the 3rd quarter worth about $9,449,000. Andra AP fonden grew its position in Kansas City Southern by 605.0% during the 3rd quarter. Andra AP fonden now owns 14,100 shares of the transportation company’s stock worth $1,532,000 after purchasing an additional 12,100 shares during the period. Finally, Canada Pension Plan Investment Board grew its position in Kansas City Southern by 72.4% during the 3rd quarter. Canada Pension Plan Investment Board now owns 114,042 shares of the transportation company’s stock worth $12,394,000 after purchasing an additional 47,900 shares during the period. 85.76% of the stock is currently owned by institutional investors.

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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