Natixis Advisors L.P. Has $1.77 Million Stake in Kansas City Southern (KSU)

Share on StockTwits

Natixis Advisors L.P. cut its position in shares of Kansas City Southern (NYSE:KSU) by 27.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,107 shares of the transportation company’s stock after selling 6,191 shares during the period. Natixis Advisors L.P.’s holdings in Kansas City Southern were worth $1,769,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in KSU. Schwab Charles Investment Management Inc. boosted its stake in Kansas City Southern by 2.5% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 374,688 shares of the transportation company’s stock valued at $39,425,000 after buying an additional 9,131 shares during the last quarter. Mutual of America Capital Management LLC lifted its stake in shares of Kansas City Southern by 5.7% in the 4th quarter. Mutual of America Capital Management LLC now owns 13,077 shares of the transportation company’s stock valued at $1,376,000 after purchasing an additional 706 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Kansas City Southern by 15.9% in the 4th quarter. Victory Capital Management Inc. now owns 42,259 shares of the transportation company’s stock valued at $4,446,000 after purchasing an additional 5,798 shares during the last quarter. Aperio Group LLC lifted its stake in shares of Kansas City Southern by 11.0% in the 4th quarter. Aperio Group LLC now owns 43,009 shares of the transportation company’s stock valued at $4,525,000 after purchasing an additional 4,263 shares during the last quarter. Finally, CIBC Asset Management Inc lifted its stake in shares of Kansas City Southern by 4.3% in the 4th quarter. CIBC Asset Management Inc now owns 11,135 shares of the transportation company’s stock valued at $1,172,000 after purchasing an additional 461 shares during the last quarter. 86.85% of the stock is owned by institutional investors.

In other Kansas City Southern news, VP Suzanne M. Grafton sold 300 shares of the firm’s stock in a transaction on Friday, May 4th. The stock was sold at an average price of $107.97, for a total transaction of $32,391.00. Following the transaction, the vice president now directly owns 10,955 shares in the company, valued at approximately $1,182,811.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Michael W. Upchurch sold 2,074 shares of Kansas City Southern stock in a transaction on Thursday, May 10th. The shares were sold at an average price of $110.15, for a total value of $228,451.10. Following the completion of the transaction, the chief financial officer now owns 15,590 shares in the company, valued at $1,717,238.50. The disclosure for this sale can be found here. Company insiders own 0.70% of the company’s stock.

KSU has been the subject of several analyst reports. Credit Suisse Group raised their price objective on Kansas City Southern from $122.00 to $132.00 and gave the company an “outperform” rating in a research note on Monday, April 23rd. Zacks Investment Research raised Kansas City Southern from a “hold” rating to a “buy” rating and set a $123.00 price objective for the company in a research note on Tuesday, February 27th. Cowen reaffirmed a “hold” rating and issued a $116.00 price objective on shares of Kansas City Southern in a research note on Monday, April 23rd. Seaport Global Securities reaffirmed a “neutral” rating on shares of Kansas City Southern in a research note on Friday, March 23rd. Finally, BMO Capital Markets raised their price objective on Kansas City Southern from $117.00 to $120.00 and gave the company a “market perform” rating in a research note on Friday, April 13th. Six analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Kansas City Southern has an average rating of “Buy” and a consensus price target of $118.92.

Shares of KSU stock opened at $108.28 on Friday. Kansas City Southern has a 52-week low of $99.47 and a 52-week high of $114.91. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.69 and a quick ratio of 0.49. The company has a market cap of $11.11 billion, a P/E ratio of 20.62, a price-to-earnings-growth ratio of 1.35 and a beta of 0.79.

Kansas City Southern (NYSE:KSU) last released its quarterly earnings data on Friday, April 20th. The transportation company reported $1.30 EPS for the quarter, missing the consensus estimate of $1.35 by ($0.05). The firm had revenue of $638.60 million for the quarter, compared to analysts’ expectations of $639.39 million. Kansas City Southern had a return on equity of 11.98% and a net margin of 36.75%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.17 earnings per share. research analysts expect that Kansas City Southern will post 6.17 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 5th. Shareholders of record on Monday, June 11th will be issued a dividend of $0.36 per share. The ex-dividend date is Friday, June 8th. This represents a $1.44 annualized dividend and a yield of 1.33%. Kansas City Southern’s payout ratio is currently 27.43%.

Kansas City Southern Company Profile

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.

Institutional Ownership by Quarter 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.

Leave a Reply