Kansas City Southern (KSU) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Kansas City Southern (NYSE:KSU) have received an average rating of “Buy” from the sixteen research firms that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $115.43.

KSU has been the subject of a number of research reports. Zacks Investment Research raised shares of Kansas City Southern from a “hold” rating to a “buy” rating and set a $125.00 price objective for the company in a report on Wednesday, January 24th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $102.00 price objective (up previously from $97.00) on shares of Kansas City Southern in a report on Thursday, March 8th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a $121.00 price objective (down previously from $126.00) on shares of Kansas City Southern in a report on Thursday, March 8th.

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In other Kansas City Southern news, CMO Brian D. Hancock sold 2,325 shares of the firm’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $113.00, for a total value of $262,725.00. Following the sale, the chief marketing officer now directly owns 19,455 shares in the company, valued at $2,198,415. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Henry J. Maier acquired 1,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were bought at an average price of $104.35 per share, for a total transaction of $104,350.00. Following the completion of the purchase, the director now owns 5,159 shares of the company’s stock, valued at $538,341.65. The disclosure for this purchase can be found here. Company insiders own 0.95% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of KSU. Impala Asset Management LLC raised its stake in shares of Kansas City Southern by 4,730.9% during the third quarter. Impala Asset Management LLC now owns 458,353 shares of the transportation company’s stock valued at $49,814,000 after purchasing an additional 448,865 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of Kansas City Southern by 26.9% during the fourth quarter. Allianz Asset Management GmbH now owns 1,998,103 shares of the transportation company’s stock valued at $210,240,000 after purchasing an additional 423,999 shares in the last quarter. Point72 Asset Management L.P. raised its stake in shares of Kansas City Southern by 2,421.0% during the third quarter. Point72 Asset Management L.P. now owns 293,897 shares of the transportation company’s stock valued at $31,941,000 after purchasing an additional 282,239 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Kansas City Southern by 34.0% during the fourth quarter. Renaissance Technologies LLC now owns 982,400 shares of the transportation company’s stock valued at $103,368,000 after purchasing an additional 249,000 shares in the last quarter. Finally, LGT Capital Partners LTD. bought a new stake in shares of Kansas City Southern during the fourth quarter valued at about $23,846,000. Institutional investors and hedge funds own 87.95% of the company’s stock.

KSU stock traded down $0.24 during trading on Friday, reaching $108.07. 1,642,557 shares of the company’s stock were exchanged, compared to its average volume of 1,322,772. The firm has a market capitalization of $11,137.05, a P/E ratio of 11.73, a PEG ratio of 1.33 and a beta of 0.89. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 0.46. Kansas City Southern has a 1 year low of $81.81 and a 1 year high of $114.85.

Kansas City Southern (NYSE:KSU) last released its quarterly earnings data on Friday, January 19th. The transportation company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.02. The firm had revenue of $660.40 million during the quarter, compared to the consensus estimate of $658.33 million. Kansas City Southern had a net margin of 37.24% and a return on equity of 12.07%. The firm’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.21 earnings per share. 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. Shareholders of record on Monday, March 12th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Friday, March 9th. Kansas City Southern’s payout ratio is 15.64%.

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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.

Analyst Recommendations for Kansas City Southern (NYSE:KSU)

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