Kansas City Southern (NYSE:KSU) PT Raised to $130.00 at Morgan Stanley

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Kansas City Southern (NYSE:KSU) had its price objective lifted by stock analysts at Morgan Stanley from $120.00 to $130.00 in a research note issued to investors on Monday, BenzingaRatingsTable reports. The brokerage currently has an “equal weight” rating on the transportation company’s stock. Morgan Stanley’s price objective would suggest a potential downside of 10.38% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. UBS Group boosted their price objective on shares of Kansas City Southern from $143.00 to $163.00 and gave the company a “buy” rating in a research note on Monday. Credit Suisse Group set a $158.00 price objective on shares of Kansas City Southern and gave the company a “buy” rating in a research note on Friday, October 18th. Raymond James boosted their price objective on shares of Kansas City Southern from $151.00 to $170.00 and gave the company a “strong-buy” rating in a research note on Monday. Cowen boosted their price objective on shares of Kansas City Southern from $136.00 to $151.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Finally, Loop Capital boosted their price objective on shares of Kansas City Southern to $144.00 and gave the company a “buy” rating in a research note on Monday, July 22nd. Six research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. Kansas City Southern currently has an average rating of “Buy” and a consensus price target of $143.13.

Shares of Kansas City Southern stock opened at $145.06 on Monday. The firm’s fifty day simple moving average is $132.40 and its 200-day simple moving average is $123.60. The stock has a market capitalization of $14.51 billion, a price-to-earnings ratio of 24.30, a PEG ratio of 1.44 and a beta of 0.94. Kansas City Southern has a 12 month low of $90.55 and a 12 month high of $149.23. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.79 and a quick ratio of 0.59.

Kansas City Southern (NYSE:KSU) last announced its earnings results on Friday, October 18th. The transportation company reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $0.15. The business had revenue of $747.70 million for the quarter, compared to analysts’ expectations of $734.39 million. Kansas City Southern had a net margin of 20.23% and a return on equity of 13.06%. The company’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.57 EPS. Analysts anticipate that Kansas City Southern will post 6.71 earnings per share for the current year.

In other Kansas City Southern news, Director Lu M. Cordova sold 1,000 shares of the business’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $124.50, for a total transaction of $124,500.00. Following the sale, the director now directly owns 1,032 shares in the company, valued at approximately $128,484. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Warren K. Erdman sold 6,840 shares of the business’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $127.39, for a total transaction of $871,347.60. The disclosure for this sale can be found here. Insiders own 0.82% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of KSU. FMR LLC increased its stake in shares of Kansas City Southern by 9.2% during the first quarter. FMR LLC now owns 152,478 shares of the transportation company’s stock valued at $17,684,000 after purchasing an additional 12,805 shares in the last quarter. Fulton Bank N.A. bought a new position in shares of Kansas City Southern during the second quarter valued at approximately $331,000. DNB Asset Management AS increased its stake in shares of Kansas City Southern by 18.5% during the second quarter. DNB Asset Management AS now owns 17,235 shares of the transportation company’s stock valued at $2,100,000 after purchasing an additional 2,693 shares in the last quarter. WINTON GROUP Ltd increased its stake in shares of Kansas City Southern by 13.4% during the second quarter. WINTON GROUP Ltd now owns 319,408 shares of the transportation company’s stock valued at $38,910,000 after purchasing an additional 37,691 shares in the last quarter. Finally, Packer & Co Ltd increased its stake in shares of Kansas City Southern by 132.9% during the second quarter. Packer & Co Ltd now owns 759,998 shares of the transportation company’s stock valued at $39,749,000 after purchasing an additional 433,708 shares in the last quarter. Institutional investors own 87.13% of the company’s stock.

About Kansas City Southern

Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company 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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Analyst Recommendations for Kansas City Southern (NYSE:KSU)

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