Shares of DST Systems, Inc. (NYSE:DST) have been assigned an average recommendation of “Hold” from the seven research firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $68.33.
Several analysts recently issued reports on DST shares. Zacks Investment Research upgraded shares of DST Systems from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a report on Wednesday, December 20th. Evercore ISI restated an “in-line” rating on shares of DST Systems in a report on Friday, January 12th. Robert W. Baird lowered shares of DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 price objective on the stock. in a report on Wednesday, January 17th. Finally, DA Davidson lowered shares of DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 price objective on the stock. in a report on Friday, January 12th.
Shares of DST Systems (NYSE DST) traded down $0.10 on Friday, reaching $83.17. 789,994 shares of the company traded hands, compared to its average volume of 1,576,157. The stock has a market cap of $5,010.00, a price-to-earnings ratio of 12.08, a P/E/G ratio of 2.02 and a beta of 1.60. DST Systems has a 12-month low of $50.22 and a 12-month high of $84.48. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.09 and a current ratio of 1.07.
In related news, VP Jonathan J. Boehm sold 20,000 shares of the business’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $64.50, for a total value of $1,290,000.00. Following the sale, the vice president now directly owns 75,518 shares in the company, valued at approximately $4,870,911. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders purchased 877 shares of company stock worth $59,820. 1.82% of the stock is owned by insiders.
A number of large investors have recently modified their holdings of the business. Xact Kapitalforvaltning AB purchased a new stake in DST Systems during the fourth quarter worth about $305,000. BRYN MAWR TRUST Co increased its stake in DST Systems by 2.0% during the fourth quarter. BRYN MAWR TRUST Co now owns 101,818 shares of the technology company’s stock worth $6,320,000 after purchasing an additional 2,007 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its stake in DST Systems by 14.0% during the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 128,209 shares of the technology company’s stock worth $7,958,000 after purchasing an additional 15,743 shares during the period. Sterling Capital Management LLC increased its stake in DST Systems by 1.0% during the fourth quarter. Sterling Capital Management LLC now owns 977,474 shares of the technology company’s stock worth $60,672,000 after purchasing an additional 10,067 shares during the period. Finally, MetLife Investment Advisors LLC purchased a new stake in DST Systems during the fourth quarter worth about $2,365,000. Institutional investors own 85.71% of the company’s stock.
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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.
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