Two Sigma Advisers LP decreased its holdings in shares of Kansas City Southern (NYSE:KSU) by 14.7% in the 4th quarter, Holdings Channel reports. The fund owned 745,678 shares of the transportation company’s stock after selling 128,320 shares during the quarter. Two Sigma Advisers LP’s holdings in Kansas City Southern were worth $78,460,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Delpha Capital Management LLC acquired a new stake in Kansas City Southern during the fourth quarter worth $102,000. Cerebellum GP LLC acquired a new stake in Kansas City Southern during the fourth quarter worth $116,000. Tower Research Capital LLC TRC increased its stake in Kansas City Southern by 182.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,414 shares of the transportation company’s stock worth $149,000 after acquiring an additional 914 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in Kansas City Southern during the third quarter worth $160,000. Finally, Scotia Capital Inc. acquired a new stake in Kansas City Southern during the fourth quarter worth $223,000. 87.98% of the stock is owned by institutional investors.
Several equities research analysts have issued reports on the company. Zacks Investment Research cut Kansas City Southern from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. Morgan Stanley restated an “equal weight” rating and set a $102.00 price target (up from $97.00) on shares of Kansas City Southern in a research report on Thursday, March 8th. BMO Capital Markets restated a “hold” rating and set a $109.00 price target on shares of Kansas City Southern in a research report on Friday, November 24th. Finally, Credit Suisse Group restated an “outperform” rating and set a $121.00 price target (down from $126.00) on shares of Kansas City Southern in a research report on Thursday, March 8th. Six investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $115.53.
Kansas City Southern (KSU) opened at $109.58 on Wednesday. Kansas City Southern has a 52-week low of $81.54 and a 52-week high of $114.85. The company has a market capitalization of $11,463.68, a price-to-earnings ratio of 21.27, a PEG ratio of 1.37 and a beta of 0.89. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.54 and a current ratio of 0.70.
Kansas City Southern (NYSE:KSU) last released its quarterly earnings results on Friday, January 19th. The transportation company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.36 by $0.02. The business 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 12.07% and a net margin of 37.24%. The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the business posted $1.21 earnings per share. equities research analysts predict that Kansas City Southern will post 6.23 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 4th. Investors of record on Monday, March 12th will be issued a $0.36 dividend. The ex-dividend date is Friday, March 9th. This represents a $1.44 dividend on an annualized basis and a yield of 1.31%. Kansas City Southern’s dividend payout ratio (DPR) is presently 15.64%.
TRADEMARK VIOLATION WARNING: This piece was first published by Ticker Report and is the property of of Ticker Report. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3261911/kansas-city-southern-ksu-holdings-cut-by-two-sigma-advisers-lp.html.
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.
Want to see what other hedge funds are holding KSU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kansas City Southern (NYSE:KSU).
Receive News & Ratings for Kansas City Southern Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kansas City Southern and related companies with MarketBeat.com's FREE daily email newsletter.