DST Systems, Inc. (DST) Shares Sold by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund decreased its position in DST Systems, Inc. (NYSE:DST) by 5.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,770 shares of the technology company’s stock after selling 1,428 shares during the period. Oregon Public Employees Retirement Fund’s holdings in DST Systems were worth $1,250,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Wedge Capital Management L L P NC grew its holdings in shares of DST Systems by 5,404.0% in the 3rd quarter. Wedge Capital Management L L P NC now owns 414,563 shares of the technology company’s stock valued at $22,751,000 after buying an additional 407,031 shares during the period. Principal Financial Group Inc. grew its holdings in shares of DST Systems by 103.5% in the 2nd quarter. Principal Financial Group Inc. now owns 266,543 shares of the technology company’s stock valued at $16,446,000 after buying an additional 135,587 shares during the period. KBC Group NV grew its holdings in shares of DST Systems by 11.4% in the 2nd quarter. KBC Group NV now owns 35,961 shares of the technology company’s stock valued at $2,219,000 after buying an additional 3,671 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of DST Systems by 103.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 668,227 shares of the technology company’s stock valued at $41,227,000 after buying an additional 340,305 shares during the period. Finally, Fisher Asset Management LLC lifted its position in DST Systems by 11.0% in the 3rd quarter. Fisher Asset Management LLC now owns 1,496,669 shares of the technology company’s stock valued at $82,137,000 after acquiring an additional 148,849 shares in the last quarter. 85.36% of the stock is owned by institutional investors.

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Shares of DST Systems, Inc. (NYSE DST) opened at $59.38 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.09 and a current ratio of 1.09. DST Systems, Inc. has a 52-week low of $48.51 and a 52-week high of $62.94. The company has a market cap of $3,587.92, a PE ratio of 19.38, a price-to-earnings-growth ratio of 1.93 and a beta of 1.35.

DST Systems (NYSE:DST) last issued its quarterly earnings results on Friday, October 20th. The technology company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.73 by $0.03. DST Systems had a net margin of 21.26% and a return on equity of 16.20%. The firm had revenue of $562.60 million for the quarter, compared to analysts’ expectations of $523.57 million. During the same period in the previous year, the firm posted $0.77 EPS. The company’s revenue for the quarter was up 45.5% on a year-over-year basis. sell-side analysts anticipate that DST Systems, Inc. will post 3.08 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Wednesday, November 22nd will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $0.72 annualized dividend and a dividend yield of 1.21%. DST Systems’s dividend payout ratio is presently 10.63%.

Several equities research analysts recently commented on DST shares. BidaskClub cut shares of DST Systems from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Zacks Investment Research cut shares of DST Systems from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Robert W. Baird reaffirmed a “buy” rating and issued a $68.00 price objective on shares of DST Systems in a research report on Thursday, October 12th. Finally, Morgan Stanley boosted their price objective on shares of DST Systems from $57.00 to $61.00 and gave the company an “equal weight” rating in a research report on Monday, October 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $68.00.

DST Systems Profile

DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.

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Institutional Ownership by Quarter for DST Systems (NYSE:DST)

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