Barclays Increases Kansas City Southern (NYSE:KSU) Price Target to $152.00

Kansas City Southern (NYSE:KSU) had its price target increased by Barclays from $140.00 to $152.00 in a research report released on Thursday, The Fly reports. They currently have an equal weight rating on the transportation company’s stock.

Several other research analysts also recently issued reports on the stock. Citigroup raised their price objective on shares of Kansas City Southern from $144.00 to $160.00 and gave the stock a buy rating in a research report on Friday, October 18th. Deutsche Bank restated a buy rating and issued a $165.00 price objective on shares of Kansas City Southern in a research note on Monday, October 21st. They noted that the move was a valuation call. UBS Group upped their target price on shares of Kansas City Southern from $143.00 to $163.00 and gave the company a buy rating in a report on Monday, October 21st. Raymond James increased their target price on shares of Kansas City Southern from $151.00 to $170.00 and gave the stock a strong-buy rating in a research note on Monday, October 21st. Finally, BMO Capital Markets raised their price target on Kansas City Southern from $140.00 to $154.00 and gave the stock an outperform rating in a report on Monday, October 21st. Seven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Kansas City Southern currently has an average rating of Buy and an average target price of $143.06.

Shares of KSU stock traded up $2.29 during trading hours on Thursday, hitting $152.64. The stock had a trading volume of 1,140,105 shares, compared to its average volume of 1,011,869. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.78 and a quick ratio of 0.58. The firm has a market capitalization of $15.12 billion, a PE ratio of 25.57, a PEG ratio of 1.46 and a beta of 0.99. The stock’s 50 day moving average is $149.51 and its 200 day moving average is $129.98. Kansas City Southern has a twelve month low of $90.55 and a twelve month high of $156.98.

Kansas City Southern (NYSE:KSU) last announced its earnings results on Friday, October 18th. The transportation company reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $0.15. Kansas City Southern had a net margin of 20.23% and a return on equity of 13.03%. The business had revenue of $747.70 million for the quarter, compared to analysts’ expectations of $734.39 million. During the same period in the previous year, the company posted $1.57 EPS. The company’s quarterly revenue was up 7.0% on a year-over-year basis. As a group, equities analysts predict that Kansas City Southern will post 6.95 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 22nd. Stockholders of record on Tuesday, December 31st will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Monday, December 30th. This is a boost from Kansas City Southern’s previous quarterly dividend of $0.36. Kansas City Southern’s dividend payout ratio (DPR) is 24.12%.

In related news, CAO Suzanne M. Grafton sold 806 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $155.64, for a total transaction of $125,445.84. Following the completion of the transaction, the chief accounting officer now directly owns 9,791 shares of the company’s stock, valued at $1,523,871.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jeffrey M. Songer sold 6,304 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $154.45, for a total transaction of $973,652.80. Following the completion of the sale, the chief operating officer now owns 26,772 shares of the company’s stock, valued at approximately $4,134,935.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,478 shares of company stock worth $1,773,780. Insiders own 0.82% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in KSU. Boston Partners increased its position in Kansas City Southern by 98.9% during the 2nd quarter. Boston Partners now owns 5,008,266 shares of the transportation company’s stock worth $610,100,000 after purchasing an additional 2,490,256 shares during the period. Nuveen Asset Management LLC lifted its holdings in shares of Kansas City Southern by 2,195.1% in the 2nd quarter. Nuveen Asset Management LLC now owns 646,555 shares of the transportation company’s stock valued at $78,763,000 after buying an additional 618,384 shares during the period. Invesco Ltd. lifted its holdings in shares of Kansas City Southern by 63.8% in the 2nd quarter. Invesco Ltd. now owns 1,124,111 shares of the transportation company’s stock valued at $136,938,000 after buying an additional 437,666 shares during the period. Scout Investments Inc. purchased a new stake in shares of Kansas City Southern in the third quarter valued at approximately $41,500,000. Finally, State of Tennessee Treasury Department boosted its stake in shares of Kansas City Southern by 1,256.6% in the third quarter. State of Tennessee Treasury Department now owns 314,448 shares of the transportation company’s stock valued at $41,825,000 after buying an additional 291,269 shares in the last quarter. 88.23% of the stock is currently owned by institutional investors.

Kansas City Southern Company Profile

Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.

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The Fly

Analyst Recommendations for Kansas City Southern (NYSE:KSU)

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