Janus Henderson Group PLC grew its position in shares of Kansas City Southern (NYSE:KSU) by 64.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 452,260 shares of the transportation company’s stock after purchasing an additional 177,706 shares during the period. Janus Henderson Group PLC owned approximately 0.44% of Kansas City Southern worth $49,151,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Howe & Rusling Inc. purchased a new stake in shares of Kansas City Southern during the third quarter worth $130,000. QS Investors LLC increased its position in shares of Kansas City Southern by 0.5% during the second quarter. QS Investors LLC now owns 1,320 shares of the transportation company’s stock worth $138,000 after acquiring an additional 7 shares during the period. San Francisco Sentry Investment Group CA purchased a new stake in shares of Kansas City Southern during the second quarter worth $160,000. Wilbanks Smith & Thomas Asset Management LLC purchased a new stake in shares of Kansas City Southern during the second quarter worth $210,000. Finally, Cetera Investment Advisers purchased a new stake in shares of Kansas City Southern during the second quarter worth $233,000. Institutional investors own 83.62% of the company’s stock.
A number of analysts have recently weighed in on the company. BMO Capital Markets reaffirmed a “hold” rating and set a $109.00 price objective on shares of Kansas City Southern in a research report on Friday, November 24th. Zacks Investment Research raised Kansas City Southern from a “hold” rating to a “buy” rating and set a $124.00 price objective on the stock in a research report on Tuesday, December 12th. Bank of America upped their price objective on Kansas City Southern from $112.00 to $113.00 and gave the stock a “neutral” rating in a research report on Monday, August 21st. Morgan Stanley reaffirmed an “equal weight” rating and set a $88.00 price objective (down previously from $93.00) on shares of Kansas City Southern in a research report on Monday, October 2nd. Finally, J P Morgan Chase & Co upped their price objective on Kansas City Southern from $116.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, October 12th. Seven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $113.18.
Kansas City Southern (NYSE KSU) opened at $110.96 on Monday. The company has a market capitalization of $11,489.13, a price-to-earnings ratio of 22.33, a P/E/G ratio of 1.64 and a beta of 0.86. The company has a quick ratio of 0.53, a current ratio of 0.69 and a debt-to-equity ratio of 0.51. Kansas City Southern has a twelve month low of $79.05 and a twelve month high of $114.85.
Kansas City Southern (NYSE:KSU) last posted its earnings results on Friday, October 20th. The transportation company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.32 by $0.03. The firm had revenue of $653.00 million for the quarter, compared to analyst estimates of $651.95 million. Kansas City Southern had a return on equity of 11.86% and a net margin of 21.42%. Kansas City Southern’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.12 earnings per share. equities analysts expect that Kansas City Southern will post 5.22 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 17th. Investors of record on Friday, December 29th will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.30%. The ex-dividend date is Thursday, December 28th. Kansas City Southern’s dividend payout ratio (DPR) is presently 28.29%.
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Kansas City Southern 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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