SNS Financial Group LLC Invests $262,000 in DST Systems, Inc. (DST) Stock

SNS Financial Group LLC acquired a new stake in DST Systems, Inc. (NYSE:DST) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,769 shares of the technology company’s stock, valued at approximately $262,000.

A number of other large investors have also recently bought and sold shares of the business. People s United Financial Inc. boosted its position in DST Systems by 3.5% in the 2nd quarter. People s United Financial Inc. now owns 12,959 shares of the technology company’s stock valued at $800,000 after buying an additional 443 shares during the last quarter. Stevens Capital Management LP boosted its position in DST Systems by 3.7% in the 2nd quarter. Stevens Capital Management LP now owns 14,902 shares of the technology company’s stock valued at $919,000 after buying an additional 538 shares during the last quarter. First Bank & Trust boosted its position in DST Systems by 99.8% in the 2nd quarter. First Bank & Trust now owns 1,718 shares of the technology company’s stock valued at $106,000 after buying an additional 858 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in DST Systems by 119.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the technology company’s stock valued at $144,000 after buying an additional 1,266 shares during the last quarter. Finally, Smith Moore & CO. boosted its position in DST Systems by 22.4% in the 3rd quarter. Smith Moore & CO. now owns 7,299 shares of the technology company’s stock valued at $401,000 after buying an additional 1,335 shares during the last quarter. 85.36% of the stock is owned by institutional investors.

A number of equities analysts have weighed in on DST shares. Morgan Stanley upped 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. BidaskClub cut shares of DST Systems from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th. Robert W. Baird upped their price objective on shares of DST Systems from $68.00 to $72.00 and gave the company an “outperform” rating in a research report on Sunday, October 22nd. Finally, Zacks Investment Research raised shares of DST Systems from a “sell” rating to a “buy” rating and set a $67.00 price objective for the company in a research report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. DST Systems presently has an average rating of “Hold” and an average price target of $68.00.

Shares of DST Systems, Inc. (NYSE:DST) traded down $0.42 during mid-day trading on Thursday, hitting $58.96. 239,400 shares of the stock traded hands, compared to its average volume of 442,005. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.42. DST Systems, Inc. has a twelve month low of $49.84 and a twelve month high of $62.94. The company has a market capitalization of $3,575.87, a PE ratio of 19.31, 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 business had revenue of $562.60 million for the quarter, compared to analysts’ expectations of $523.57 million. During the same quarter last year, the company posted $0.77 earnings per share. The company’s quarterly revenue was up 45.5% compared to the same quarter last year. equities research analysts expect that DST Systems, Inc. will post 3.08 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Wednesday, November 22nd will be given 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 1.22%. DST Systems’s payout ratio is 10.63%.

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About DST Systems

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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