Virtu Financial LLC increased its holdings in Kansas City Southern (NYSE:KSU) by 636.1% in the 4th quarter, HoldingsChannel reports. The fund owned 27,464 shares of the transportation company’s stock after purchasing an additional 23,733 shares during the period. Virtu Financial LLC’s holdings in Kansas City Southern were worth $2,890,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in KSU. QS Investors LLC increased its position in Kansas City Southern by 0.5% in the 2nd quarter. QS Investors LLC now owns 1,320 shares of the transportation company’s stock worth $138,000 after purchasing an additional 7 shares during the last quarter. WINTON GROUP Ltd acquired a new position in Kansas City Southern in the 2nd quarter worth about $386,000. Cetera Investment Advisers acquired a new position in Kansas City Southern in the 2nd quarter worth about $233,000. Sentry Investment Management LLC increased its position in Kansas City Southern by 0.9% in the 2nd quarter. Sentry Investment Management LLC now owns 7,524 shares of the transportation company’s stock worth $787,000 after purchasing an additional 68 shares during the last quarter. Finally, Shell Asset Management Co. increased its position in Kansas City Southern by 143.2% in the 3rd quarter. Shell Asset Management Co. now owns 17,296 shares of the transportation company’s stock worth $2,096,000 after purchasing an additional 10,185 shares during the last quarter. 84.50% of the stock is owned by hedge funds and other institutional investors.
In related news, CMO Brian D. Hancock sold 2,325 shares of the stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $113.00, for a total transaction of $262,725.00. Following the completion of the sale, the chief marketing officer now owns 19,455 shares in the company, valued at approximately $2,198,415. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Jeffrey M. Songer sold 3,000 shares of the stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $111.80, for a total value of $335,400.00. The disclosure for this sale can be found here. 0.95% of the stock is owned by corporate insiders.
Kansas City Southern (NYSE:KSU) opened at $109.01 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.54 and a current ratio of 0.70. The company has a market capitalization of $11,233.92, a PE ratio of 20.84, a PEG ratio of 1.34 and a beta of 0.83. Kansas City Southern has a fifty-two week low of $81.54 and a fifty-two week high of $114.85.
Kansas City Southern (NYSE:KSU) last issued its quarterly earnings data on Friday, January 19th. The transportation company reported $1.38 EPS for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.02. Kansas City Southern had a return on equity of 12.07% and a net margin of 37.24%. The business had revenue of $660.40 million for the quarter, compared to analyst estimates of $658.33 million. During the same quarter in the prior year, the firm posted $1.21 EPS. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. analysts expect that Kansas City Southern will post 6.24 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 4th. Investors of record on Monday, March 12th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, March 9th. This represents a $1.44 annualized dividend and a yield of 1.32%. Kansas City Southern’s payout ratio is 15.64%.
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About Kansas City Southern
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.
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