Kansas City Southern (NYSE:KSU) COO Jeffrey M. Songer Sells 6,304 Shares of Stock

Kansas City Southern (NYSE:KSU) COO Jeffrey M. Songer sold 6,304 shares of Kansas City Southern stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $154.45, for a total transaction of $973,652.80. Following the transaction, the chief operating officer now directly owns 26,772 shares of the company’s stock, valued at $4,134,935.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of KSU opened at $154.16 on Wednesday. Kansas City Southern has a 1-year low of $90.55 and a 1-year high of $156.98. The company has a 50-day moving average of $141.98 and a 200 day moving average of $127.39. The firm has a market capitalization of $15.22 billion, a price-to-earnings ratio of 25.82, a PEG ratio of 1.47 and a beta of 0.95. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.78 and a quick ratio of 0.58.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Friday, October 18th. The transportation company reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.79 by $0.15. Kansas City Southern had a net margin of 20.23% and a return on equity of 13.03%. The company had revenue of $747.70 million during the quarter, compared to analyst estimates of $734.39 million. During the same quarter last year, the business posted $1.57 EPS. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. On average, equities analysts anticipate that Kansas City Southern will post 6.95 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 22nd. Investors of record on Tuesday, December 31st will be issued a dividend of $0.40 per share. This is a positive change from Kansas City Southern’s previous quarterly dividend of $0.36. The ex-dividend date is Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a yield of 1.04%. Kansas City Southern’s dividend payout ratio (DPR) is presently 24.12%.

Several large investors have recently bought and sold shares of KSU. Boston Partners raised its holdings in shares of Kansas City Southern by 98.9% in the 2nd quarter. Boston Partners now owns 5,008,266 shares of the transportation company’s stock valued at $610,100,000 after purchasing an additional 2,490,256 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in shares of Kansas City Southern by 2,195.1% in the 2nd quarter. Nuveen Asset Management LLC now owns 646,555 shares of the transportation company’s stock valued at $78,763,000 after purchasing an additional 618,384 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Kansas City Southern by 63.8% in the 2nd quarter. Invesco Ltd. now owns 1,124,111 shares of the transportation company’s stock valued at $136,938,000 after purchasing an additional 437,666 shares in the last quarter. Packer & Co Ltd raised its holdings in shares of Kansas City Southern by 132.9% in the 2nd quarter. Packer & Co Ltd now owns 759,998 shares of the transportation company’s stock valued at $39,749,000 after purchasing an additional 433,708 shares in the last quarter. Finally, Scout Investments Inc. bought a new stake in shares of Kansas City Southern in the 3rd quarter valued at about $41,500,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

A number of equities analysts recently commented on KSU shares. Raymond James lifted their price target on shares of Kansas City Southern from $151.00 to $170.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 21st. Barclays set a $140.00 price objective on shares of Kansas City Southern and gave the company a “hold” rating in a report on Friday, October 18th. Morgan Stanley lifted their price objective on shares of Kansas City Southern from $120.00 to $130.00 and gave the company an “equal weight” rating in a report on Monday, October 21st. Deutsche Bank reiterated a “buy” rating and set a $165.00 price objective on shares of Kansas City Southern in a report on Monday, October 21st. They noted that the move was a valuation call. Finally, UBS Group lifted their price objective on shares of Kansas City Southern from $143.00 to $163.00 and gave the company a “buy” rating in a report on Monday, October 21st. Seven analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $141.59.

Kansas City Southern Company Profile

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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Insider Buying and Selling by Quarter for Kansas City Southern (NYSE:KSU)

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