Kansas City Southern (KSU) Position Lifted by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ boosted its holdings in shares of Kansas City Southern (NYSE:KSU) by 23.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,419 shares of the transportation company’s stock after buying an additional 2,900 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Kansas City Southern were worth $1,676,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in Kansas City Southern by 4.6% in the third quarter. Dimensional Fund Advisors LP now owns 1,413,239 shares of the transportation company’s stock valued at $153,586,000 after purchasing an additional 62,673 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Kansas City Southern by 2.7% in the third quarter. Schwab Charles Investment Management Inc. now owns 365,557 shares of the transportation company’s stock valued at $39,729,000 after purchasing an additional 9,585 shares in the last quarter. WINTON GROUP Ltd grew its stake in Kansas City Southern by 964.0% in the third quarter. WINTON GROUP Ltd now owns 39,250 shares of the transportation company’s stock valued at $4,266,000 after purchasing an additional 35,561 shares in the last quarter. Investec Asset Management LTD grew its stake in Kansas City Southern by 43.2% in the third quarter. Investec Asset Management LTD now owns 385,935 shares of the transportation company’s stock valued at $41,943,000 after purchasing an additional 116,361 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in Kansas City Southern by 0.7% in the third quarter. Wells Fargo & Company MN now owns 2,404,732 shares of the transportation company’s stock valued at $261,346,000 after purchasing an additional 16,177 shares in the last quarter. 83.62% of the stock is currently owned by hedge funds and other institutional investors.

In other news, SVP Mary K. Stadler sold 1,973 shares of the company’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $103.91, for a total transaction of $205,014.43. Following the completion of the sale, the senior vice president now owns 6,102 shares in the company, valued at approximately $634,058.82. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.95% of the company’s stock.

A number of research analysts have commented on the company. Stifel Nicolaus restated a “buy” rating and issued a $118.00 target price (up previously from $114.00) on shares of Kansas City Southern in a research note on Friday, August 18th. Morgan Stanley boosted their target price on Kansas City Southern from $88.00 to $90.00 and gave the company an “equal weight” rating in a research note on Monday, October 23rd. Zacks Investment Research downgraded Kansas City Southern from a “buy” rating to a “hold” rating in a research note on Monday, September 11th. Bank of America boosted their target price on Kansas City Southern from $112.00 to $113.00 and gave the company a “neutral” rating in a research note on Monday, August 21st. Finally, Barclays boosted their target price on Kansas City Southern from $100.00 to $105.00 and gave the company an “equal weight” rating in a research note on Monday, October 23rd. Nine analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Kansas City Southern has a consensus rating of “Buy” and a consensus price target of $113.06.

Kansas City Southern (KSU) traded down $0.67 on Thursday, hitting $111.42. The stock had a trading volume of 873,300 shares, compared to its average volume of 1,231,512. The company has a market cap of $11,606.15, a P/E ratio of 22.55, a PEG ratio of 1.65 and a beta of 0.86. Kansas City Southern has a 52 week low of $79.05 and a 52 week high of $114.85. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.53 and a current ratio of 0.69.

Kansas City Southern (NYSE:KSU) last released its quarterly earnings results on Friday, October 20th. The transportation company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.03. The company had revenue of $653.00 million during the quarter, compared to the consensus estimate of $651.95 million. Kansas City Southern had a return on equity of 11.86% and a net margin of 21.42%. The firm’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.12 EPS. research analysts predict that Kansas City Southern will post 5.22 EPS for the current year.

Kansas City Southern announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, August 15th that allows the company to buyback $800.00 million in shares. This buyback authorization allows the transportation company to reacquire up to 7.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 17th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.44 annualized dividend and a dividend yield of 1.29%. Kansas City Southern’s dividend payout ratio (DPR) is presently 28.29%.

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Kansas City Southern Profile

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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Institutional Ownership by Quarter for Kansas City Southern (NYSE:KSU)

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