Investors Sell DST Systems (DST) on Strength Following Insider Selling

Investors sold shares of DST Systems, Inc. (NYSE:DST) on strength during trading hours on Thursday after an insider sold shares in the company. $71.34 million flowed into the stock on the tick-up and $102.62 million flowed out of the stock on the tick-down, for a money net flow of $31.28 million out of the stock. Of all equities tracked, DST Systems had the 0th highest net out-flow for the day. DST Systems traded up $4.03 for the day and closed at $83.92Specifically, VP Jonathan J. Boehm sold 20,000 shares of the firm’s stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $64.50, for a total transaction of $1,290,000.00. Following the completion of the sale, the vice president now directly owns 75,518 shares in the company, valued at $4,870,911. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have bought 976 shares of company stock valued at $59,812 over the last 90 days. Insiders own 1.82% of the company’s stock.

DST has been the topic of several research analyst reports. Zacks Investment Research cut shares of DST Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Morgan Stanley increased their price target on shares of DST Systems from $57.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Monday, October 23rd. Robert W. Baird increased their price target on shares of DST Systems from $68.00 to $72.00 and gave the stock an “outperform” rating in a research report on Sunday, October 22nd. Evercore ISI reaffirmed an “in-line” rating on shares of DST Systems in a research report on Friday. Finally, DA Davidson cut shares of DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 price target on the stock. in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $68.50.

The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.42. The stock has a market cap of $5,030.00, a PE ratio of 12.61, a P/E/G ratio of 1.77 and a beta of 1.37.

DST Systems (NYSE:DST) last issued its quarterly earnings results on Friday, October 20th. The technology company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.73 by $0.03. DST Systems had a net margin of 21.26% and a return on equity of 16.20%. The business had revenue of $562.60 million for the quarter, compared to analysts’ expectations of $523.57 million. During the same quarter last year, the company posted $0.77 earnings per share. The company’s quarterly revenue was up 45.5% compared to the same quarter last year. research analysts expect that DST Systems, Inc. will post 3.08 EPS for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of DST. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in DST Systems by 119.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the technology company’s stock worth $144,000 after acquiring an additional 1,266 shares during the last quarter. WFG Advisors LP lifted its holdings in DST Systems by 128.6% in the second quarter. WFG Advisors LP now owns 3,205 shares of the technology company’s stock worth $198,000 after acquiring an additional 1,803 shares during the last quarter. Intl Fcstone Inc. bought a new position in DST Systems in the second quarter worth about $221,000. SNS Financial Group LLC bought a new position in DST Systems in the third quarter worth about $262,000. Finally, Financial Counselors Inc. lifted its holdings in DST Systems by 79.1% in the second quarter. Financial Counselors Inc. now owns 4,274 shares of the technology company’s stock worth $264,000 after acquiring an additional 1,888 shares during the last quarter. 85.71% of the stock is currently owned by hedge funds and other institutional investors.

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DST Systems Company Profile

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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