Kansas City Southern (NYSE:KSU) saw unusually large options trading activity on Thursday. Stock investors bought 9,234 call options on the stock. This represents an increase of approximately 1,543% compared to the average daily volume of 562 call options.
Shares of NYSE KSU opened at $108.48 on Friday. The company has a market cap of $11,501.81, a P/E ratio of 20.66, a PEG ratio of 1.38 and a beta of 0.78. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 0.46. Kansas City Southern has a 52-week low of $86.14 and a 52-week high of $114.85.
Kansas City Southern (NYSE:KSU) last issued its quarterly earnings data on Friday, January 19th. The transportation company reported $1.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.02. Kansas City Southern had a net margin of 37.24% and a return on equity of 12.07%. The firm had revenue of $660.40 million during the quarter, compared to analysts’ expectations of $658.33 million. During the same quarter in the previous year, the company earned $1.21 earnings per share. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. equities research analysts predict that Kansas City Southern will post 6.23 earnings per share for the current year.
Several brokerages have recently commented on KSU. Morgan Stanley lifted their price target on shares of Kansas City Southern from $102.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Friday. Zacks Investment Research cut shares of Kansas City Southern from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Seaport Global Securities restated a “neutral” rating on shares of Kansas City Southern in a report on Friday, March 23rd. Finally, Credit Suisse Group restated an “outperform” rating and set a $121.00 price objective (down previously from $126.00) on shares of Kansas City Southern in a report on Thursday, March 8th. Seven equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $115.67.
In other Kansas City Southern news, Director Henry J. Maier purchased 1,000 shares of the stock in a transaction dated Monday, February 12th. The stock was bought at an average price of $104.35 per share, for a total transaction of $104,350.00. Following the transaction, the director now directly owns 5,159 shares in the company, valued at $538,341.65. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Brian D. Hancock sold 2,325 shares of Kansas City Southern stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $113.00, for a total transaction of $262,725.00. Following the sale, the chief marketing officer now owns 19,455 shares of the company’s stock, valued at approximately $2,198,415. The disclosure for this sale can be found here. 0.95% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Xact Kapitalforvaltning AB lifted its stake in Kansas City Southern by 10.5% in the fourth quarter. Xact Kapitalforvaltning AB now owns 13,923 shares of the transportation company’s stock valued at $1,465,000 after buying an additional 1,319 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in Kansas City Southern by 86.8% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 109,879 shares of the transportation company’s stock valued at $11,561,000 after buying an additional 51,061 shares in the last quarter. We Are One Seven LLC bought a new position in Kansas City Southern in the fourth quarter valued at approximately $780,000. OLD Mutual Customised Solutions Proprietary Ltd. lifted its stake in Kansas City Southern by 50.0% in the fourth quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 6,300 shares of the transportation company’s stock valued at $663,000 after buying an additional 2,100 shares in the last quarter. Finally, Halsey Associates Inc. CT lifted its stake in Kansas City Southern by 4.4% in the fourth quarter. Halsey Associates Inc. CT now owns 74,760 shares of the transportation company’s stock valued at $7,866,000 after buying an additional 3,135 shares in the last quarter. 88.02% of the stock is currently owned by hedge funds and other institutional investors.
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About Kansas City Southern
Kansas City Southern, through its subsidiaries, provides domestic and international rail transportation services in North America. It serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.
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