Kansas City Southern (NYSE:KSU) – Research analysts at Oppenheimer Holdings boosted their Q1 2017 earnings estimates for Kansas City Southern in a research report issued to clients and investors on Tuesday. Oppenheimer Holdings analyst S. Schneeberger now anticipates that the company will earn $1.16 per share for the quarter, up from their previous estimate of $1.15. Oppenheimer Holdings also issued estimates for Kansas City Southern’s Q3 2017 earnings at $1.38 EPS.
Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Friday, January 20th. The company reported $1.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.17 by $0.05. The firm earned $599 million during the quarter. Kansas City Southern had a return on equity of 11.14% and a net margin of 20.48%. Kansas City Southern’s revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.23 earnings per share.
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Other analysts have also recently issued research reports about the stock. Royal Bank of Canada reissued a “buy” rating and set a $114.00 target price on shares of Kansas City Southern in a research note on Tuesday. Loop Capital reissued a “buy” rating and set a $86.00 target price on shares of Kansas City Southern in a research note on Wednesday, February 22nd. Barclays PLC reissued a “hold” rating and set a $100.00 target price on shares of Kansas City Southern in a research note on Tuesday, January 10th. Aegis upped their price objective on shares of Kansas City Southern from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, January 23rd. Finally, Wells Fargo & Co assumed coverage on shares of Kansas City Southern in a research note on Monday, March 13th. They set a “market perform” rating for the company. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the company. Kansas City Southern has an average rating of “Hold” and a consensus target price of $99.16.
Shares of Kansas City Southern (NYSE:KSU) opened at 87.51 on Wednesday. The firm has a 50-day moving average of $86.73 and a 200 day moving average of $87.14. The company has a market cap of $9.33 billion, a P/E ratio of 19.75 and a beta of 0.91. Kansas City Southern has a 52 week low of $79.05 and a 52 week high of $100.69.
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 5th. Stockholders of record on Monday, March 13th were paid a $0.33 dividend. The ex-dividend date of this dividend was Thursday, March 9th. This represents a $1.32 annualized dividend and a dividend yield of 1.51%. Kansas City Southern’s dividend payout ratio (DPR) is 29.80%.
In other news, insider Delano Jose Guillermo Zozaya sold 1,000 shares of the stock in a transaction that occurred on Tuesday, January 31st. The shares were sold at an average price of $85.41, for a total value of $85,410.00. Following the completion of the sale, the insider now owns 46,852 shares of the company’s stock, valued at approximately $4,001,629.32. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.86% of the company’s stock.
Several hedge funds have recently bought and sold shares of KSU. Virtus Investment Advisers Inc. purchased a new stake in Kansas City Southern during the third quarter valued at $108,000. Intellectus Partners LLC purchased a new stake in Kansas City Southern during the fourth quarter valued at $111,000. Cornerstone Advisors Inc. boosted its stake in Kansas City Southern by 494.1% in the third quarter. Cornerstone Advisors Inc. now owns 1,319 shares of the company’s stock valued at $123,000 after buying an additional 1,097 shares during the period. Ancora Advisors LLC purchased a new stake in Kansas City Southern during the fourth quarter valued at $123,000. Finally, Global X Management Co. LLC boosted its stake in Kansas City Southern by 123.0% in the third quarter. Global X Management Co. LLC now owns 1,365 shares of the company’s stock valued at $127,000 after buying an additional 753 shares during the period. 90.48% of the stock is owned by institutional investors and hedge funds.
Kansas City Southern Company Profile
Kansas City Southern (KCS) is a holding company. The Company has domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company’s subsidiaries include The Kansas City Southern Railway Company (KCSR) and Kansas City Southern de Mexico, SA de C.V.