State of Alaska Department of Revenue trimmed its holdings in Kansas City Southern (NYSE:KSU) by 0.3% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 29,503 shares of the transportation company’s stock after selling 99 shares during the period. State of Alaska Department of Revenue’s holdings in Kansas City Southern were worth $3,421,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Massachusetts Financial Services Co. MA grew its position in Kansas City Southern by 9.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 10,418,608 shares of the transportation company’s stock worth $994,456,000 after acquiring an additional 882,425 shares during the period. BlackRock Inc. grew its position in Kansas City Southern by 1.0% in the fourth quarter. BlackRock Inc. now owns 6,948,964 shares of the transportation company’s stock worth $663,278,000 after acquiring an additional 69,036 shares during the period. Dimensional Fund Advisors LP grew its position in Kansas City Southern by 0.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,424,864 shares of the transportation company’s stock worth $136,010,000 after acquiring an additional 13,397 shares during the period. Geode Capital Management LLC grew its position in Kansas City Southern by 7.8% in the fourth quarter. Geode Capital Management LLC now owns 1,303,947 shares of the transportation company’s stock worth $124,240,000 after acquiring an additional 94,299 shares during the period. Finally, Packer & Co Ltd grew its position in Kansas City Southern by 313.8% in the fourth quarter. Packer & Co Ltd now owns 1,239,800 shares of the transportation company’s stock worth $31,144,000 after acquiring an additional 940,200 shares during the period. Institutional investors own 88.80% of the company’s stock.

Several research analysts recently weighed in on KSU shares. Credit Suisse Group lowered their price objective on Kansas City Southern from $126.00 to $116.00 and set an “outperform” rating for the company in a research report on Monday, January 7th. Loop Capital lowered their price objective on Kansas City Southern from $136.00 to $132.00 and set a “buy” rating for the company in a research report on Wednesday, January 16th. Stifel Nicolaus increased their price objective on Kansas City Southern from $120.00 to $128.00 and gave the stock a “buy” rating in a research report on Tuesday, January 22nd. Atlantic Securities began coverage on Kansas City Southern in a research report on Tuesday, January 8th. They issued an “overweight” rating and a $98.03 price objective for the company. Finally, Deutsche Bank set a $121.00 price target on Kansas City Southern and gave the stock a “buy” rating in a research report on Tuesday, January 22nd. Five equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $125.16.

KSU opened at $118.38 on Monday. Kansas City Southern has a 52 week low of $90.55 and a 52 week high of $120.34. The firm has a market cap of $11.78 billion, a PE ratio of 19.83, a PEG ratio of 1.33 and a beta of 0.89. The company has a quick ratio of 1.06, a current ratio of 1.42 and a debt-to-equity ratio of 0.52.

Kansas City Southern (NYSE:KSU) last released its quarterly earnings results on Friday, January 18th. The transportation company reported $1.56 EPS for the quarter, hitting the consensus estimate of $1.56. Kansas City Southern had a return on equity of 12.11% and a net margin of 23.12%. The business had revenue of $694.00 million during the quarter, compared to analyst estimates of $687.56 million. During the same period last year, the business posted $1.38 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. Equities research analysts predict that Kansas City Southern will post 6.77 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Monday, March 11th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Friday, March 8th. This represents a $1.44 annualized dividend and a dividend yield of 1.22%. Kansas City Southern’s dividend payout ratio is currently 24.12%.

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Kansas City Southern Company 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.

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

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