Strs Ohio Has $25.51 Million Position in Kansas City Southern (KSU)

Strs Ohio reduced its position in Kansas City Southern (NYSE:KSU) by 40.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 219,939 shares of the transportation company’s stock after selling 150,617 shares during the period. Strs Ohio owned about 0.22% of Kansas City Southern worth $25,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Citizens Bank & Trust Co. acquired a new position in shares of Kansas City Southern in the 1st quarter valued at $449,000. Foresters Investment Management Company Inc. increased its holdings in Kansas City Southern by 206.6% in the 4th quarter. Foresters Investment Management Company Inc. now owns 204,800 shares of the transportation company’s stock worth $19,548,000 after acquiring an additional 138,000 shares in the last quarter. IFM Investors Pty Ltd increased its holdings in Kansas City Southern by 8.9% in the 4th quarter. IFM Investors Pty Ltd now owns 6,598 shares of the transportation company’s stock worth $630,000 after acquiring an additional 541 shares in the last quarter. RWC Asset Management LLP increased its holdings in Kansas City Southern by 8.7% in the 4th quarter. RWC Asset Management LLP now owns 405,651 shares of the transportation company’s stock worth $38,719,000 after acquiring an additional 32,456 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in Kansas City Southern in the 4th quarter worth $575,000. Hedge funds and other institutional investors own 89.11% of the company’s stock.

Several equities research analysts recently commented on the stock. Citigroup boosted their price target on shares of Kansas City Southern from $130.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, April 4th. Deutsche Bank reissued a “buy” rating on shares of Kansas City Southern in a report on Wednesday, February 20th. Bank of America reissued a “buy” rating and issued a $127.00 price target (up previously from $122.00) on shares of Kansas City Southern in a report on Wednesday, March 20th. Morgan Stanley boosted their price target on shares of Kansas City Southern from $112.00 to $113.00 and gave the stock an “equal weight” rating in a report on Monday, January 7th. Finally, Raymond James boosted their price target on shares of Kansas City Southern from $135.00 to $140.00 and gave the stock a “strong-buy” rating in a report on Thursday. Five analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Kansas City Southern has an average rating of “Buy” and a consensus target price of $126.69.

Kansas City Southern stock opened at $125.03 on Friday. Kansas City Southern has a 52-week low of $90.55 and a 52-week high of $125.92. The firm has a market cap of $12.58 billion, a PE ratio of 20.94, a price-to-earnings-growth ratio of 1.42 and a beta of 0.89. The company has a quick ratio of 1.06, a current ratio of 1.36 and a debt-to-equity ratio of 0.52.

Kansas City Southern (NYSE:KSU) last released its earnings results on Wednesday, April 17th. The transportation company reported $1.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.44 by $0.10. Kansas City Southern had a net margin of 21.30% and a return on equity of 12.40%. The business had revenue of $674.80 million during the quarter, compared to analyst estimates of $669.08 million. During the same quarter in the prior year, the firm earned $1.30 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Equities research analysts anticipate that Kansas City Southern will post 6.78 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Monday, March 11th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend was Friday, March 8th. Kansas City Southern’s payout ratio is 24.12%.

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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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Institutional Ownership by Quarter for Kansas City Southern (NYSE:KSU)

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