Kansas City Southern (NYSE:KSU) Given Average Rating of “Buy” by Brokerages

Kansas City Southern (NYSE:KSU) has received a consensus recommendation of “Buy” from the sixteen research firms that are currently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $126.84.

Several equities research analysts have commented on the company. Barclays cut their price objective on Kansas City Southern from $130.00 to $128.00 and set an “equal weight” rating for the company in a research note on Thursday, April 4th. Morgan Stanley set a $36.00 price objective on ArcBest and gave the stock a “hold” rating in a research note on Monday, July 8th. Loop Capital boosted their price objective on Kansas City Southern to $142.00 and gave the stock a “buy” rating in a research note on Thursday, April 18th. Zacks Investment Research upgraded Garrett Motion from a “sell” rating to a “hold” rating in a research note on Friday, May 10th. Finally, BMO Capital Markets cut their price objective on Pentair to $39.00 and set a “market perform” rating for the company in a research note on Thursday, April 18th.

In related news, VP Suzanne M. Grafton sold 1,000 shares of the stock in a transaction that occurred on Wednesday, May 1st. The stock was 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 directly owns 10,218 shares in the company, valued at $1,257,529.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Patrick J. Ottensmeyer sold 13,800 shares of the stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $124.48, for a total value of $1,717,824.00. Following the completion of the transaction, the chief executive officer now owns 109,725 shares of the company’s stock, valued at $13,658,568. The disclosure for this sale can be found here. Insiders sold 32,285 shares of company stock valued at $3,987,116 over the last 90 days. Company insiders own 0.82% of the company’s stock.

A number of institutional investors have recently modified their holdings of the stock. DNB Asset Management AS lifted its stake in Kansas City Southern by 0.6% during the first quarter. DNB Asset Management AS now owns 14,542 shares of the transportation company’s stock worth $1,687,000 after purchasing an additional 92 shares in the last quarter. Comerica Bank lifted its stake in Kansas City Southern by 0.5% during the first quarter. Comerica Bank now owns 19,770 shares of the transportation company’s stock worth $2,316,000 after purchasing an additional 96 shares in the last quarter. First Citizens Bank & Trust Co. lifted its stake in Kansas City Southern by 3.1% during the second quarter. First Citizens Bank & Trust Co. now owns 3,988 shares of the transportation company’s stock worth $486,000 after purchasing an additional 119 shares in the last quarter. CSat Investment Advisory L.P. lifted its stake in Kansas City Southern by 82.2% during the fourth quarter. CSat Investment Advisory L.P. now owns 266 shares of the transportation company’s stock worth $25,000 after purchasing an additional 120 shares in the last quarter. Finally, 9258 Wealth Management LLC lifted its stake in Kansas City Southern by 5.5% during the first quarter. 9258 Wealth Management LLC now owns 2,289 shares of the transportation company’s stock worth $265,000 after purchasing an additional 120 shares in the last quarter. Institutional investors own 86.45% of the company’s stock.

NYSE KSU traded up $1.64 during trading hours on Friday, reaching $122.77. The company’s stock had a trading volume of 738,741 shares, compared to its average volume of 805,179. Kansas City Southern has a 1-year low of $90.55 and a 1-year high of $125.92. The firm has a 50-day moving average price of $119.19. 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 stock has a market capitalization of $12.18 billion, a price-to-earnings ratio of 20.56, a price-to-earnings-growth ratio of 1.21 and a beta of 0.93.

Kansas City Southern (NYSE:KSU) last posted its quarterly earnings data on Wednesday, April 17th. The transportation company reported $1.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.44 by $0.10. Kansas City Southern had a return on equity of 12.40% and a net margin of 21.30%. The company had revenue of $674.80 million during the quarter, compared to analyst estimates of $669.08 million. During the same period in the previous year, the business earned $1.30 EPS. Kansas City Southern’s quarterly revenue was up 5.7% on a year-over-year basis. As a group, sell-side analysts expect that Kansas City Southern will post 6.69 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, June 10th were given a $0.36 dividend. The ex-dividend date of this dividend was Friday, June 7th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.17%. Kansas City Southern’s dividend payout ratio (DPR) is presently 24.12%.

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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Analyst Recommendations for Kansas City Southern (NYSE:KSU)

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