DST Systems (DST) Stock Rating Lowered by Robert W. Baird

Robert W. Baird cut shares of DST Systems (NYSE:DST) from an outperform rating to a neutral rating in a research report report published on Wednesday. Robert W. Baird currently has $72.00 price objective on the technology company’s stock.

A number of other equities research analysts also recently weighed in on DST. Evercore ISI reaffirmed an in-line rating on shares of DST Systems in a research note on Friday, January 12th. DA Davidson downgraded shares of DST Systems from a buy rating to a neutral rating and set a $72.00 target price on the stock. in a research note on Friday, January 12th. Zacks Investment Research downgraded shares of DST Systems from a hold rating to a sell rating in a research note on Monday, October 23rd. Finally, Morgan Stanley raised their target price on shares of DST Systems from $57.00 to $61.00 and gave the company an equal weight rating in a research note on Monday, October 23rd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $68.50.

Shares of DST Systems (NYSE:DST) traded down $0.01 on Wednesday, reaching $83.82. 1,619,818 shares of the company were exchanged, compared to its average volume of 1,415,263. The stock has a market capitalization of $4,968.10, a P/E ratio of 27.26, a P/E/G ratio of 2.34 and a beta of 1.36. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.09 and a quick ratio of 1.09. DST Systems has a 1-year low of $50.22 and a 1-year high of $84.48.

DST Systems (NYSE:DST) last announced its earnings results on Friday, October 20th. The technology company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.03. The business had revenue of $562.60 million for the quarter, compared to the consensus estimate of $523.57 million. DST Systems had a net margin of 21.26% and a return on equity of 16.20%. DST Systems’s quarterly revenue was up 45.5% on a year-over-year basis. During the same period last year, the firm posted $0.77 earnings per share. research analysts anticipate that DST Systems will post 3.07 EPS for the current year.

In other DST Systems news, VP Jonathan J. Boehm sold 20,000 shares of DST Systems stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $64.50, for a total transaction of $1,290,000.00. Following the transaction, the vice president now directly owns 75,518 shares of the company’s stock, valued at $4,870,911. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have acquired 976 shares of company stock worth $59,812 over the last three months. Insiders own 1.82% of the company’s stock.

Several hedge funds have recently bought and sold shares of the business. State of Alaska Department of Revenue purchased a new position in shares of DST Systems during the fourth quarter worth approximately $235,000. Schwab Charles Investment Management Inc. raised its stake in shares of DST Systems by 4.8% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 443,215 shares of the technology company’s stock worth $27,511,000 after acquiring an additional 20,491 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of DST Systems by 35.8% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 4,803 shares of the technology company’s stock worth $298,000 after acquiring an additional 1,267 shares in the last quarter. Sit Investment Associates Inc. raised its stake in shares of DST Systems by 25.6% during the fourth quarter. Sit Investment Associates Inc. now owns 71,175 shares of the technology company’s stock worth $4,418,000 after acquiring an additional 14,500 shares in the last quarter. Finally, Prudential Financial Inc. raised its stake in shares of DST Systems by 8.9% during the third quarter. Prudential Financial Inc. now owns 1,037,864 shares of the technology company’s stock worth $56,958,000 after acquiring an additional 84,398 shares in the last quarter. 85.71% of the stock is currently owned by hedge funds and other institutional investors.

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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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