WFA of San Diego LLC bought a new stake in Kansas City Southern (NYSE:KSU) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,125 shares of the transportation company’s stock, valued at approximately $683,000.

Other institutional investors have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. increased its holdings in Kansas City Southern by 1.0% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 6,581 shares of the transportation company’s stock worth $983,000 after purchasing an additional 64 shares in the last quarter. Captrust Financial Advisors increased its holdings in Kansas City Southern by 6.4% during the 2nd quarter. Captrust Financial Advisors now owns 1,167 shares of the transportation company’s stock worth $169,000 after purchasing an additional 70 shares in the last quarter. Blair William & Co. IL increased its holdings in Kansas City Southern by 1.7% during the 1st quarter. Blair William & Co. IL now owns 4,685 shares of the transportation company’s stock worth $596,000 after purchasing an additional 77 shares in the last quarter. IFP Advisors Inc increased its holdings in Kansas City Southern by 4.7% during the 2nd quarter. IFP Advisors Inc now owns 1,986 shares of the transportation company’s stock worth $295,000 after purchasing an additional 89 shares in the last quarter. Finally, Cetera Advisors LLC increased its holdings in Kansas City Southern by 5.0% during the 1st quarter. Cetera Advisors LLC now owns 1,999 shares of the transportation company’s stock worth $254,000 after purchasing an additional 95 shares in the last quarter. 88.72% of the stock is owned by institutional investors and hedge funds.

KSU traded down $0.16 during trading on Wednesday, reaching $187.24. The stock had a trading volume of 21,317 shares, compared to its average volume of 1,273,179. The stock has a market cap of $17.68 billion, a PE ratio of 31.94, a PEG ratio of 1.80 and a beta of 0.95. The company has a debt-to-equity ratio of 0.79, a quick ratio of 2.16 and a current ratio of 2.44. Kansas City Southern has a one year low of $92.86 and a one year high of $200.00. The business has a 50-day moving average of $181.41 and a 200-day moving average of $150.89.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Friday, July 17th. The transportation company reported $1.15 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.10 by $0.05. Kansas City Southern had a return on equity of 13.80% and a net margin of 20.63%. The firm had revenue of $547.90 million for the quarter, compared to analysts’ expectations of $550.59 million. During the same period last year, the firm earned $1.64 earnings per share. The company’s revenue for the quarter was down 23.3% compared to the same quarter last year. Equities research analysts forecast that Kansas City Southern will post 6.89 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Monday, September 14th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, September 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.85%. Kansas City Southern’s dividend payout ratio (DPR) is currently 23.19%.

In other news, CAO Suzanne M. Grafton sold 917 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $184.37, for a total transaction of $169,067.29. Following the completion of the sale, the chief accounting officer now directly owns 9,919 shares in the company, valued at $1,828,766.03. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Lora S. Cheatum sold 1,500 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $175.66, for a total transaction of $263,490.00. Following the sale, the vice president now owns 17,398 shares of the company’s stock, valued at $3,056,132.68. The disclosure for this sale can be found here. Insiders have sold 10,409 shares of company stock worth $1,688,672 over the last ninety days. Insiders own 0.82% of the company’s stock.

Several equities analysts have recently issued reports on KSU shares. Wells Fargo & Company upped their target price on Kansas City Southern from $176.00 to $180.00 and gave the company an “overweight” rating in a report on Monday, July 20th. Barclays upped their price objective on Kansas City Southern from $150.00 to $175.00 in a research note on Monday. Credit Suisse Group reiterated a “buy” rating on shares of Kansas City Southern in a research note on Friday, August 7th. BMO Capital Markets upped their price objective on Kansas City Southern from $145.00 to $158.00 and gave the company a “market perform” rating in a research note on Wednesday, June 3rd. Finally, Deutsche Bank dropped their price objective on Kansas City Southern from $166.00 to $163.00 and set a “hold” rating on the stock in a research note on Wednesday, June 17th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Kansas City Southern presently has an average rating of “Hold” and an average target price of $165.38.

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

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