Kansas City Southern (KSU) Issues Earnings Results

Kansas City Southern (NYSE:KSU) issued its quarterly earnings data on Friday. The transportation company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.02, Bloomberg Earnings reports. The firm had revenue of $660.40 million during the quarter, compared to analyst estimates of $658.33 million. Kansas City Southern had a return on equity of 11.86% and a net margin of 21.42%. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.21 EPS.

Kansas City Southern (NYSE KSU) opened at $110.00 on Friday. Kansas City Southern has a twelve month low of $81.54 and a twelve month high of $114.85. The firm has a market capitalization of $11,389.73, a price-to-earnings ratio of 21.03, a price-to-earnings-growth ratio of 1.40 and a beta of 0.87. The company has a current ratio of 0.69, a quick ratio of 0.53 and a debt-to-equity ratio of 0.51.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 17th. Shareholders of record on Friday, December 29th were issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.31%. The ex-dividend date was Thursday, December 28th. Kansas City Southern’s dividend payout ratio (DPR) is 15.64%.

Several research firms have recently issued reports on KSU. BMO Capital Markets reaffirmed a “hold” rating and issued a $109.00 target price on shares of Kansas City Southern in a report on Monday, October 23rd. Citigroup reaffirmed a “buy” rating and issued a $123.00 target price (up from $116.00) on shares of Kansas City Southern in a report on Wednesday, October 4th. Cowen upped their target price on Kansas City Southern from $111.00 to $113.00 and gave the company a “market perform” rating in a report on Monday, October 23rd. Barclays upped their target price on Kansas City Southern from $100.00 to $105.00 and gave the company an “equal weight” rating in a report on Monday, October 23rd. Finally, Loop Capital reaffirmed a “buy” rating and issued a $124.00 target price (up from $118.00) on shares of Kansas City Southern in a report on Monday, October 23rd. Eight analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $113.81.

In other Kansas City Southern news, COO Jeffrey M. Songer sold 3,000 shares of the stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $111.80, for a total transaction of $335,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Mary K. Stadler sold 1,973 shares of the stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $103.91, for a total value of $205,014.43. Following the transaction, the senior vice president now directly owns 6,102 shares of the company’s stock, valued at $634,058.82. The disclosure for this sale can be found here. 0.95% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. State of Alaska Department of Revenue grew its holdings in Kansas City Southern by 51.5% during the fourth quarter. State of Alaska Department of Revenue now owns 18,522 shares of the transportation company’s stock valued at $1,947,000 after purchasing an additional 6,300 shares during the period. Schwab Charles Investment Management Inc. lifted its position in shares of Kansas City Southern by 2.5% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 374,688 shares of the transportation company’s stock worth $39,425,000 after acquiring an additional 9,131 shares in the last quarter. Creative Planning lifted its position in shares of Kansas City Southern by 9.0% during the fourth quarter. Creative Planning now owns 6,273 shares of the transportation company’s stock worth $660,000 after acquiring an additional 518 shares in the last quarter. National Pension Service lifted its position in shares of Kansas City Southern by 16,015.8% during the fourth quarter. National Pension Service now owns 130,216 shares of the transportation company’s stock worth $13,701,000 after acquiring an additional 129,408 shares in the last quarter. Finally, Bank of Montreal Can lifted its position in shares of Kansas City Southern by 7.7% during the fourth quarter. Bank of Montreal Can now owns 37,746 shares of the transportation company’s stock worth $3,972,000 after acquiring an additional 2,714 shares in the last quarter. 83.57% of the stock is owned by institutional investors and hedge funds.

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Kansas City Southern Company 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.

Earnings History for Kansas City Southern (NYSE:KSU)

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