American International Group Inc. boosted its position in shares of DST Systems, Inc. (NYSE:DST) by 0.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 124,638 shares of the technology company’s stock after acquiring an additional 850 shares during the quarter. American International Group Inc.’s holdings in DST Systems were worth $7,736,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Regentatlantic Capital LLC lifted its position in DST Systems by 13.3% during the 4th quarter. Regentatlantic Capital LLC now owns 5,210 shares of the technology company’s stock worth $323,000 after acquiring an additional 612 shares during the period. Boston Advisors LLC lifted its position in DST Systems by 0.4% during the 4th quarter. Boston Advisors LLC now owns 183,817 shares of the technology company’s stock worth $11,410,000 after acquiring an additional 803 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in DST Systems by 35.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,463 shares of the technology company’s stock worth $215,000 after acquiring an additional 909 shares during the period. Oppenheimer & Co. Inc. lifted its position in DST Systems by 3.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 30,764 shares of the technology company’s stock worth $1,688,000 after acquiring an additional 914 shares during the period. Finally, Penserra Capital Management LLC lifted its position in DST Systems by 59.0% during the 4th quarter. Penserra Capital Management LLC now owns 2,705 shares of the technology company’s stock worth $167,000 after acquiring an additional 1,004 shares during the period. 85.71% of the stock is owned by institutional investors.
DST Systems, Inc. (NYSE:DST) opened at $83.17 on Thursday. The stock has a market capitalization of $5,010.00, a PE ratio of 12.07, a PEG ratio of 2.02 and a beta of 1.60. The company has a quick ratio of 1.09, a current ratio of 1.07 and a debt-to-equity ratio of 0.43. DST Systems, Inc. has a fifty-two week low of $50.22 and a fifty-two week high of $84.48.
In other news, VP Jonathan J. Boehm sold 20,000 shares of the business’s stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $64.50, for a total value of $1,290,000.00. Following the completion of the transaction, the vice president now owns 75,518 shares of the company’s stock, valued at approximately $4,870,911. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last three months, insiders bought 877 shares of company stock valued at $59,820. Insiders own 1.82% of the company’s stock.
Several brokerages have recently issued reports on DST. DA Davidson cut DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 price objective for the company. in a report on Friday, January 12th. Evercore ISI reissued an “in-line” rating on shares of DST Systems in a report on Friday, January 12th. Robert W. Baird cut DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 price objective for the company. in a report on Wednesday, January 17th. Finally, Zacks Investment Research cut DST Systems from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $68.50.
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DST Systems Company Profile
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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