WINTON GROUP Ltd raised its position in shares of Kansas City Southern (NYSE:KSU) by 10.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 297,933 shares of the transportation company’s stock after buying an additional 27,822 shares during the period. WINTON GROUP Ltd owned about 0.30% of Kansas City Southern worth $28,438,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American International Group Inc. raised its stake in Kansas City Southern by 5.7% in the third quarter. American International Group Inc. now owns 38,294 shares of the transportation company’s stock valued at $4,338,000 after buying an additional 2,070 shares in the last quarter. AXA boosted its stake in shares of Kansas City Southern by 18.8% during the 3rd quarter. AXA now owns 453,041 shares of the transportation company’s stock worth $51,320,000 after acquiring an additional 71,600 shares in the last quarter. Independence Advisors LLC purchased a new stake in shares of Kansas City Southern during the 3rd quarter worth approximately $202,000. Pwmco LLC boosted its stake in shares of Kansas City Southern by 36.7% during the 3rd quarter. Pwmco LLC now owns 154,120 shares of the transportation company’s stock worth $17,503,000 after acquiring an additional 41,405 shares in the last quarter. Finally, Legal & General Group Plc boosted its stake in shares of Kansas City Southern by 2.2% during the 3rd quarter. Legal & General Group Plc now owns 582,101 shares of the transportation company’s stock worth $65,940,000 after acquiring an additional 12,808 shares in the last quarter. Institutional investors and hedge funds own 88.97% of the company’s stock.
KSU traded down $0.34 during trading on Wednesday, hitting $103.82. The company’s stock had a trading volume of 422,792 shares, compared to its average volume of 1,207,597. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.42. The company has a market capitalization of $10.32 billion, a PE ratio of 17.39, a price-to-earnings-growth ratio of 1.15 and a beta of 0.79. Kansas City Southern has a twelve month low of $90.55 and a twelve month high of $120.34.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 3rd. Shareholders of record on Monday, March 11th will be issued a $0.36 dividend. The ex-dividend date is Friday, March 8th. This represents a $1.44 annualized dividend and a yield of 1.39%. Kansas City Southern’s dividend payout ratio (DPR) is presently 24.12%.
Several equities research analysts have recently commented on KSU shares. Seaport Global Securities raised Kansas City Southern from a “neutral” rating to a “buy” rating in a research note on Monday, October 22nd. They noted that the move was a valuation call. BMO Capital Markets cut their price objective on Kansas City Southern from $128.00 to $127.00 and set an “outperform” rating for the company in a research report on Monday, October 22nd. Citigroup cut their price objective on Kansas City Southern from $123.00 to $120.00 and set a “buy” rating for the company in a research report on Friday, November 2nd. ValuEngine downgraded Kansas City Southern from a “hold” rating to a “sell” rating in a research report on Thursday, November 15th. Finally, Zacks Investment Research downgraded Kansas City Southern from a “hold” rating to a “sell” rating in a research report on Wednesday, November 28th. Four analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $123.39.
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About Kansas City Southern
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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