Clifford Swan Investment Counsel LLC Invests $268,000 in DST Systems (DST) Stock

Clifford Swan Investment Counsel LLC bought a new stake in DST Systems (NYSE:DST) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,200 shares of the technology company’s stock, valued at approximately $268,000.

A number of other large investors also recently modified their holdings of the business. Regentatlantic Capital LLC grew its holdings in DST Systems by 13.3% in the 4th quarter. Regentatlantic Capital LLC now owns 5,210 shares of the technology company’s stock valued at $323,000 after buying an additional 612 shares in the last quarter. Boston Advisors LLC grew its holdings in DST Systems by 0.4% in the 4th quarter. Boston Advisors LLC now owns 183,817 shares of the technology company’s stock valued at $11,410,000 after buying an additional 803 shares in the last quarter. American International Group Inc. grew its holdings in DST Systems by 0.7% in the 4th quarter. American International Group Inc. now owns 124,638 shares of the technology company’s stock valued at $7,736,000 after buying an additional 850 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in DST Systems by 35.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,463 shares of the technology company’s stock valued at $215,000 after buying an additional 909 shares in the last quarter. Finally, Penserra Capital Management LLC grew its holdings in DST Systems by 59.0% in the 4th quarter. Penserra Capital Management LLC now owns 2,705 shares of the technology company’s stock valued at $167,000 after buying an additional 1,004 shares in the last quarter. Institutional investors own 85.68% of the company’s stock.

In other DST Systems news, insider Vercie L. Lark sold 45,400 shares of the company’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $83.57, for a total value of $3,794,078.00. Following the completion of the sale, the insider now directly owns 77,702 shares in the company, valued at approximately $6,493,556.14. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Vercie L. Lark sold 5,400 shares of the company’s stock in a transaction on Friday, March 9th. The shares were sold at an average price of $83.64, for a total value of $451,656.00. Following the completion of the transaction, the insider now directly owns 77,702 shares in the company, valued at approximately $6,498,995.28. The disclosure for this sale can be found here. 1.82% of the stock is owned by corporate insiders.

Separately, Zacks Investment Research cut DST Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, April 2nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $68.50.

Shares of NYSE:DST opened at $83.99 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $4.98 billion, a price-to-earnings ratio of 25.00, a P/E/G ratio of 2.04 and a beta of 1.51. DST Systems has a 52-week low of $50.22 and a 52-week high of $84.48.

DST Systems Company Profile

DST Systems, Inc provides technology-based information processing and servicing solutions in the United States, the United Kingdom, Canada, Australia, and internationally. It operates through Domestic Financial Services, International Financial Services, and Healthcare Services segments. The Domestic Financial Services segment provides investor, investment, advisor/intermediary, and asset distribution services to companies in the financial services industry to support direct and intermediary sales of mutual funds, alternative investments, securities brokerage accounts, and retirement plans.

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Institutional Ownership by Quarter for DST Systems (NYSE:DST)

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