Latest Stocks: Kansas City Southern (KSU) Shares Bought by US Bancorp DE

Latest Stocks: Kansas City Southern (KSU) Shares Bought by US Bancorp DE

US Bancorp DE boosted its stake in shares of Kansas City Southern (NYSE:KSU) by 11.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,164 shares of the transportation company’s stock after buying an additional 2,946 shares during the period. US Bancorp DE’s holdings in Kansas City Southern were worth $2,416,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Virtus Investment Advisers Inc. acquired a new position in Kansas City Southern during the third quarter valued at approximately $108,000. Intellectus Partners LLC purchased a new position in shares of Kansas City Southern during the fourth quarter valued at approximately $111,000. Ancora Advisors LLC purchased a new position in shares of Kansas City Southern during the fourth quarter valued at approximately $123,000. Financial Architects Inc boosted its stake in Kansas City Southern by 270.6% in the first quarter. Financial Architects Inc now owns 1,527 shares of the transportation company’s stock valued at $131,000 after buying an additional 1,115 shares during the period. Finally, BLB&B Advisors LLC bought a new stake in Kansas City Southern during the first quarter valued at $201,000. Hedge funds and other institutional investors own 90.48% of the company’s stock.

Shares of Kansas City Southern (NYSE:KSU) opened at 96.02 on Tuesday. Kansas City Southern has a one year low of $79.05 and a one year high of $100.69. The stock has a market capitalization of $10.19 billion, a PE ratio of 19.93 and a beta of 0.91. The firm’s 50-day moving average is $91.28 and its 200-day moving average is $87.38.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings results on Friday, April 21st. The transportation company reported $1.17 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.01. The firm had revenue of $609.50 million during the quarter, compared to the consensus estimate of $600.66 million. Kansas City Southern had a return on equity of 11.14% and a net margin of 20.48%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.03 earnings per share. On average, analysts expect that Kansas City Southern will post $5.09 earnings per share for the current fiscal year. The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 5th. Investors of record on Monday, June 12th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Thursday, June 8th. Kansas City Southern’s dividend payout ratio (DPR) is 29.80%.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings results on Friday, April 21st. The transportation company reported $1.17 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.01. The firm had revenue of $609.50 million during the quarter, compared to the consensus estimate of $600.66 million. Kansas City Southern had a return on equity of 11.14% and a net margin of 20.48%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.03 earnings per share. On average, analysts expect that Kansas City Southern will post $5.09 earnings per share for the current fiscal year. KSU has been the topic of several research reports. Stifel Nicolaus lowered their price objective on shares of Kansas City Southern from $101.00 to $96.00 and set a “buy” rating on the stock in a research report on Wednesday, April 26th. Citigroup Inc decreased their target price on shares of Kansas City Southern from $103.00 to $99.00 and set a “buy” rating on the stock in a research report on Tuesday, April 25th. Loop Capital reiterated a “buy” rating and issued a $86.00 target price on shares of Kansas City Southern in a research report on Wednesday, February 22nd. Royal Bank of Canada reiterated a “buy” rating and issued a $114.00 target price on shares of Kansas City Southern in a research report on Tuesday, April 11th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $88.00 price objective on shares of Kansas City Southern in a research report on Monday, March 20th. Thirteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $98.63.

In related news, Director Robert J. Druten sold 3,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $92.57, for a total value of $323,995.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.86% of the company’s stock. About Kansas City Southern

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