BW Gestao de Investimentos Ltda. Acquires 2,420 Shares of DST Systems, Inc. (DST)

BW Gestao de Investimentos Ltda. increased its holdings in shares of DST Systems, Inc. (NYSE:DST) by 100.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,840 shares of the technology company’s stock after purchasing an additional 2,420 shares during the period. BW Gestao de Investimentos Ltda.’s holdings in DST Systems were worth $299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of DST. BlackRock Inc. raised its holdings in shares of DST Systems by 102.5% during the second quarter. BlackRock Inc. now owns 5,347,693 shares of the technology company’s stock worth $329,952,000 after purchasing an additional 2,707,284 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of DST Systems by 97.3% during the second quarter. Vanguard Group Inc. now owns 5,287,278 shares of the technology company’s stock worth $326,225,000 after purchasing an additional 2,608,072 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of DST Systems by 100.8% during the second quarter. Wells Fargo & Company MN now owns 3,489,936 shares of the technology company’s stock worth $215,328,000 after purchasing an additional 1,751,490 shares during the last quarter. State Street Corp raised its holdings in shares of DST Systems by 93.6% during the second quarter. State Street Corp now owns 1,765,321 shares of the technology company’s stock worth $108,912,000 after purchasing an additional 853,405 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of DST Systems by 89.3% during the second quarter. Bank of New York Mellon Corp now owns 1,791,789 shares of the technology company’s stock worth $110,553,000 after purchasing an additional 845,267 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

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Several research analysts recently issued reports on the stock. Zacks Investment Research cut shares of DST Systems from a “buy” rating to a “hold” rating in a report on Monday, July 31st. BidaskClub cut shares of DST Systems from a “sell” rating to a “strong sell” rating in a report on Friday, August 4th. Robert W. Baird reissued a “buy” rating and set a $68.00 target price on shares of DST Systems in a report on Thursday. Finally, DA Davidson assumed coverage on shares of DST Systems in a report on Wednesday, June 21st. They set a “buy” rating and a $72.00 target price for the company. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $70.00.

Shares of DST Systems, Inc. (NYSE:DST) traded down 0.11% on Friday, hitting $56.22. 119,454 shares of the company traded hands. DST Systems, Inc. has a 12 month low of $47.26 and a 12 month high of $62.94. The company has a market capitalization of $3.40 billion, a PE ratio of 5.67 and a beta of 1.31. The stock’s 50-day moving average price is $53.27 and its 200-day moving average price is $57.81.

DST Systems (NYSE:DST) last released its quarterly earnings results on Thursday, July 27th. The technology company reported $0.76 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.02). The business had revenue of $656.20 million during the quarter, compared to analysts’ expectations of $541.90 million. DST Systems had a net margin of 35.46% and a return on equity of 16.79%. The firm’s revenue for the quarter was up 68.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.42 EPS. On average, equities analysts predict that DST Systems, Inc. will post $3.05 earnings per share for the current year.

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.

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

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