Commonwealth Bank of Australia lifted its holdings in Kansas City Southern (NYSE:KSU) by 25.0% in the 4th quarter, Holdings Channel reports. The firm owned 9,548 shares of the transportation company’s stock after buying an additional 1,909 shares during the quarter. Commonwealth Bank of Australia’s holdings in Kansas City Southern were worth $905,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in KSU. Pearl River Capital LLC acquired a new stake in shares of Kansas City Southern in the 4th quarter valued at $58,000. Essex Investment Management Co. LLC acquired a new stake in shares of Kansas City Southern in the 4th quarter valued at $61,000. Meeder Asset Management Inc. lifted its stake in shares of Kansas City Southern by 37.8% in the 4th quarter. Meeder Asset Management Inc. now owns 664 shares of the transportation company’s stock valued at $63,000 after purchasing an additional 182 shares during the last quarter. Thornburg Investment Management Inc. acquired a new stake in shares of Kansas City Southern in the 4th quarter valued at $94,000. Finally, Ancora Advisors LLC acquired a new stake in shares of Kansas City Southern in the 3rd quarter valued at $114,000. 87.74% of the stock is owned by institutional investors and hedge funds.

Shares of KSU opened at $114.50 on Friday. The firm has a market capitalization of $11.44 billion, a P/E ratio of 19.18, a PEG ratio of 1.28 and a beta of 0.88. Kansas City Southern has a one year low of $90.55 and a one year high of $120.34. The company has a current ratio of 1.42, a quick ratio of 1.06 and a debt-to-equity ratio of 0.52.

Kansas City Southern (NYSE:KSU) last announced its earnings results on Friday, January 18th. The transportation company reported $1.56 EPS for the quarter, hitting the consensus estimate of $1.56. The firm had revenue of $694.00 million for the quarter, compared to the consensus estimate of $687.56 million. Kansas City Southern had a net margin of 23.12% and a return on equity of 12.11%. The business’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.38 EPS. On average, research analysts expect that Kansas City Southern will post 6.82 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 3rd. Stockholders of record on Monday, March 11th will be issued a dividend of $0.36 per share. The ex-dividend date is Friday, March 8th. This represents a $1.44 annualized dividend and a dividend yield of 1.26%. Kansas City Southern’s payout ratio is 24.12%.

Several equities research analysts recently issued reports on KSU shares. JPMorgan Chase & Co. lowered shares of Kansas City Southern from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $138.00 to $118.00 in a research note on Tuesday, December 18th. Loop Capital reduced their price objective on shares of Kansas City Southern from $136.00 to $132.00 and set a “buy” rating for the company in a research note on Wednesday, January 16th. Credit Suisse Group reaffirmed a “buy” rating and issued a $129.00 price objective (up previously from $116.00) on shares of Kansas City Southern in a research note on Sunday, January 20th. Atlantic Securities assumed coverage on shares of Kansas City Southern in a report on Tuesday, January 8th. They issued an “overweight” rating and a $98.03 target price on the stock. Finally, Morgan Stanley lifted their target price on shares of Kansas City Southern from $112.00 to $113.00 and gave the stock an “equal weight” rating in a report on Monday, January 7th. Four equities research 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. Kansas City Southern currently has an average rating of “Buy” and a consensus target price of $123.92.

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Kansas City Southern Profile

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.

Further Reading: Treasury Bonds

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Institutional Ownership by Quarter for Kansas City Southern (NYSE:KSU)

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