DST Systems, Inc. (DST) Director Lowell L. Bryan Buys 319 Shares

DST Systems, Inc. (NYSE:DST) Director Lowell L. Bryan bought 319 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average price of $62.54 per share, for a total transaction of $19,950.26. Following the transaction, the director now owns 48,596 shares in the company, valued at $3,039,193.84. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Shares of DST Systems, Inc. (NYSE:DST) traded down $0.47 during trading on Monday, hitting $62.11. The company had a trading volume of 347,300 shares, compared to its average volume of 441,604. DST Systems, Inc. has a 52 week low of $50.22 and a 52 week high of $62.94. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.42. The company has a market cap of $3,740.27, a price-to-earnings ratio of 20.20, a price-to-earnings-growth ratio of 2.01 and a beta of 1.36.

DST Systems (NYSE:DST) last announced its earnings results on Friday, October 20th. The technology company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.73 by $0.03. The company had revenue of $562.60 million for the quarter, compared to analyst estimates of $523.57 million. DST Systems had a return on equity of 16.20% and a net margin of 21.26%. The firm’s revenue for the quarter was up 45.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.77 EPS. analysts predict that DST Systems, Inc. will post 3.08 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Wednesday, November 22nd will be issued a $0.18 dividend. The ex-dividend date is Tuesday, November 21st. This represents a $0.72 annualized dividend and a yield of 1.16%. DST Systems’s payout ratio is currently 10.63%.

Several equities research analysts recently commented on the company. Robert W. Baird upped their target price on DST Systems from $68.00 to $72.00 and gave the company an “outperform” rating in a research report on Sunday, October 22nd. Zacks Investment Research lowered DST Systems from a “hold” rating to a “sell” rating in a research report on Monday, October 23rd. Finally, Morgan Stanley upped their target price on DST Systems from $57.00 to $61.00 and gave the company an “equal weight” rating in a research report on Monday, October 23rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. DST Systems has a consensus rating of “Hold” and a consensus target price of $68.00.

A number of large investors have recently made changes to their positions in the business. BlackRock Inc. boosted its holdings in DST Systems by 102.5% in the second quarter. BlackRock Inc. now owns 5,347,693 shares of the technology company’s stock worth $329,952,000 after acquiring an additional 2,707,284 shares in the last quarter. Vanguard Group Inc. boosted its holdings in DST Systems by 97.3% in the second quarter. Vanguard Group Inc. now owns 5,287,278 shares of the technology company’s stock worth $326,225,000 after acquiring an additional 2,608,072 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in DST Systems by 100.8% in the second quarter. Wells Fargo & Company MN now owns 3,489,936 shares of the technology company’s stock worth $215,328,000 after acquiring an additional 1,751,490 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in DST Systems by 89.3% in the second quarter. Bank of New York Mellon Corp now owns 1,791,789 shares of the technology company’s stock worth $110,553,000 after acquiring an additional 845,267 shares in the last quarter. Finally, State Street Corp boosted its holdings in DST Systems by 93.6% in the second quarter. State Street Corp now owns 1,765,321 shares of the technology company’s stock worth $108,912,000 after acquiring an additional 853,405 shares in the last quarter. Institutional investors and hedge funds own 85.78% of the company’s stock.

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About DST Systems

DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.

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