DST Systems, Inc. (DST) Shares Bought by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC lifted its stake in shares of DST Systems, Inc. (NYSE:DST) by 457.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,822 shares of the technology company’s stock after buying an additional 29,401 shares during the period. Cubist Systematic Strategies LLC owned about 0.06% of DST Systems worth $1,966,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Highbridge Capital Management LLC boosted its position in DST Systems by 234.9% during the third quarter. Highbridge Capital Management LLC now owns 97,703 shares of the technology company’s stock valued at $5,362,000 after acquiring an additional 68,532 shares during the last quarter. Crestline Management LP bought a new stake in DST Systems during the third quarter valued at $4,299,000. Sirios Capital Management L P bought a new stake in DST Systems during the third quarter valued at $10,448,000. Dimensional Fund Advisors LP boosted its position in 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 acquiring an additional 103,723 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in DST Systems by 7.4% during the third quarter. Schwab Charles Investment Management Inc. now owns 422,724 shares of the technology company’s stock valued at $23,200,000 after acquiring an additional 29,307 shares during the last quarter. 85.78% of the stock is currently owned by institutional investors.

DST Systems, Inc. (NYSE DST) traded down $0.74 on Friday, hitting $59.79. 234,400 shares of the company were exchanged, compared to its average volume of 434,642. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.42. DST Systems, Inc. has a 12 month low of $50.22 and a 12 month high of $62.98. The firm has a market cap of $3,600.00, a price-to-earnings ratio of 19.68, a PEG ratio of 1.96 and a beta of 1.36.

DST Systems (NYSE:DST) last posted its earnings results on Friday, October 20th. The technology company reported $0.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.03. DST Systems had a net margin of 21.26% and a return on equity of 16.20%. The company had revenue of $562.60 million for the quarter, compared to analyst estimates of $523.57 million. During the same quarter in the prior year, the business posted $0.77 EPS. The firm’s revenue was up 45.5% compared to the same quarter last year. sell-side analysts predict that DST Systems, Inc. will post 3.08 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Wednesday, November 22nd were issued a $0.18 dividend. The ex-dividend date was Tuesday, November 21st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.20%. DST Systems’s dividend payout ratio is presently 10.88%.

A number of equities analysts have recently issued reports on DST shares. Robert W. Baird increased their price objective on shares of DST Systems from $68.00 to $72.00 and gave the stock an “outperform” rating in a research report on Sunday, October 22nd. Zacks Investment Research cut shares of DST Systems from a “hold” rating to a “sell” rating in a research report on Monday, October 23rd. Finally, Morgan Stanley increased their price objective on shares of DST Systems from $57.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $68.00.

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DST Systems Company 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.

Institutional Ownership by Quarter for DST Systems (NYSE:DST)

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