Kansas City Southern (NYSE:KSU) Holdings Boosted by Vestor Capital LLC

Vestor Capital LLC boosted its holdings in Kansas City Southern (NYSE:KSU) by 1.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,540 shares of the transportation company’s stock after acquiring an additional 680 shares during the period. Vestor Capital LLC’s holdings in Kansas City Southern were worth $4,939,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of KSU. Berman Capital Advisors LLC lifted its holdings in Kansas City Southern by 164.8% in the second quarter. Berman Capital Advisors LLC now owns 241 shares of the transportation company’s stock worth $29,000 after acquiring an additional 150 shares during the last quarter. Thor Advisors LLC bought a new stake in shares of Kansas City Southern during the first quarter valued at approximately $37,000. Nelson Roberts Investment Advisors LLC bought a new stake in shares of Kansas City Southern during the first quarter valued at approximately $40,000. Atlas Capital Advisors LLC bought a new stake in shares of Kansas City Southern during the second quarter valued at approximately $46,000. Finally, Icon Wealth Partners LLC bought a new stake in shares of Kansas City Southern during the first quarter valued at approximately $66,000. 89.63% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director Lu M. Cordova sold 1,000 shares of the firm’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $124.50, for a total transaction of $124,500.00. Following the transaction, the director now directly owns 1,032 shares of the company’s stock, valued at $128,484. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, General Counsel Adam J. Godderz sold 1,390 shares of the firm’s stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $125.13, for a total transaction of $173,930.70. Following the transaction, the general counsel now directly owns 4,892 shares in the company, valued at $612,135.96. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,890 shares of company stock worth $727,881. 0.82% of the stock is owned by insiders.

KSU has been the topic of a number of recent analyst reports. Morgan Stanley lifted their price target on Kansas City Southern from $111.00 to $121.00 and gave the company an “equal weight” rating in a report on Monday, July 22nd. Loop Capital lifted their price target on Kansas City Southern to $144.00 and gave the company a “buy” rating in a report on Monday, July 22nd. JPMorgan Chase & Co. lifted their price target on Kansas City Southern from $130.00 to $136.00 and gave the company a “neutral” rating in a report on Monday, July 22nd. Cowen set a $136.00 price target on Kansas City Southern and gave the company a “buy” rating in a report on Friday, July 19th. Finally, Raymond James lifted their price target on Kansas City Southern from $140.00 to $141.00 and gave the company a “strong-buy” rating in a report on Monday, July 22nd. Six analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $130.36.

Kansas City Southern stock traded down $2.98 during mid-day trading on Friday, hitting $120.22. The company’s stock had a trading volume of 26,134 shares, compared to its average volume of 712,919. The company has a quick ratio of 0.59, a current ratio of 0.79 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $12.19 billion, a P/E ratio of 20.12, a P/E/G ratio of 1.21 and a beta of 0.94. Kansas City Southern has a twelve month low of $90.55 and a twelve month high of $126.47. The stock’s fifty day moving average price is $121.37 and its two-hundred day moving average price is $117.56.

Kansas City Southern (NYSE:KSU) last posted its quarterly earnings results on Friday, July 19th. The transportation company reported $1.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.60 by $0.04. The firm had revenue of $714.00 million for the quarter, compared to analyst estimates of $704.55 million. Kansas City Southern had a net margin of 20.35% and a return on equity of 12.45%. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.54 earnings per share. Equities analysts expect that Kansas City Southern will post 6.74 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 2nd. Investors of record on Monday, September 9th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Friday, September 6th. Kansas City Southern’s dividend payout ratio is 24.12%.

Kansas City Southern Company Profile

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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Institutional Ownership by Quarter for Kansas City Southern (NYSE:KSU)

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