Kansas City Southern (KSU) Shares Sold by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA decreased its position in Kansas City Southern (NYSE:KSU) by 90.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,131 shares of the transportation company’s stock after selling 92,805 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Kansas City Southern were worth $1,175,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA increased its position in shares of Kansas City Southern by 9.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 10,418,608 shares of the transportation company’s stock worth $994,456,000 after acquiring an additional 882,425 shares during the period. BlackRock Inc. increased its position in shares of Kansas City Southern by 1.0% during the fourth quarter. BlackRock Inc. now owns 6,948,964 shares of the transportation company’s stock worth $663,278,000 after acquiring an additional 69,036 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Kansas City Southern by 0.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,424,864 shares of the transportation company’s stock worth $136,010,000 after acquiring an additional 13,397 shares during the period. Geode Capital Management LLC increased its position in shares of Kansas City Southern by 7.8% during the fourth quarter. Geode Capital Management LLC now owns 1,303,947 shares of the transportation company’s stock worth $124,240,000 after acquiring an additional 94,299 shares during the period. Finally, Northern Trust Corp increased its position in shares of Kansas City Southern by 1.2% during the fourth quarter. Northern Trust Corp now owns 1,187,959 shares of the transportation company’s stock worth $113,390,000 after acquiring an additional 14,171 shares during the period. 88.81% of the stock is currently owned by institutional investors.

Shares of KSU stock opened at $122.20 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.36 and a quick ratio of 1.02. The firm has a market cap of $12.60 billion, a P/E ratio of 20.47, a PEG ratio of 1.41 and a beta of 0.90. Kansas City Southern has a 12 month low of $90.55 and a 12 month high of $125.92.

Kansas City Southern (NYSE:KSU) last issued its earnings results on Wednesday, April 17th. The transportation company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.10. The firm had revenue of $674.80 million during the quarter, compared to the consensus estimate of $669.08 million. Kansas City Southern had a net margin of 21.30% and a return on equity of 12.40%. The company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.30 earnings per share. On average, sell-side analysts anticipate that Kansas City Southern will post 6.84 earnings per share for the current year.

In other Kansas City Southern news, VP Suzanne M. Grafton sold 1,000 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $123.07, for a total value of $123,070.00. Following the completion of the transaction, the vice president now owns 10,218 shares in the company, valued at $1,257,529.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Michael J. Naatz sold 11,837 shares of the company’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $122.45, for a total transaction of $1,449,440.65. Following the completion of the transaction, the chief marketing officer now owns 18,764 shares of the company’s stock, valued at approximately $2,297,651.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 31,285 shares of company stock valued at $3,870,266. Insiders own 0.82% of the company’s stock.

A number of analysts have recently weighed in on KSU shares. Loop Capital cut their price objective on Kansas City Southern from $136.00 to $132.00 and set a “buy” rating on the stock in a research report on Wednesday, January 16th. Credit Suisse Group reaffirmed a “buy” rating and set a $129.00 price objective (up previously from $116.00) on shares of Kansas City Southern in a research report on Sunday, January 20th. Stifel Nicolaus upped their price objective on Kansas City Southern from $120.00 to $128.00 and gave the stock a “buy” rating in a research report on Tuesday, January 22nd. Deutsche Bank reaffirmed a “buy” rating on shares of Kansas City Southern in a research report on Wednesday, February 20th. Finally, Citigroup upped their price objective on Kansas City Southern from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, April 4th. Four 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 currently has an average rating of “Buy” and a consensus price target of $127.50.

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Kansas City Southern 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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