Today, Kansas City Southern (KSU) Posts Earnings Results, Misses Expectations By $0.10 EPS

Today, Kansas City Southern (KSU) Posts  Earnings Results, Misses Expectations By $0.10 EPS

Kansas City Southern (NYSE:KSU) issued its earnings results on Tuesday. The company reported $1.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.22 by $0.10. Kansas City Southern had a return on equity of 12.00% and a net margin of 21.13%. The company had revenue of $605 million for the quarter, compared to the consensus estimate of $411.30 million.

Kansas City Southern (NYSE:KSU) opened at 94.71 on Tuesday. The firm’s 50 day moving average price is $93.33 and its 200 day moving average price is $92.92. Kansas City Southern has a 52-week low of $62.20 and a 52-week high of $100.69. The firm has a market cap of $10.23 billion, a price-to-earnings ratio of 20.61 and a beta of 1.14.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 5th. Shareholders of record on Monday, September 12th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend was Thursday, September 8th. Kansas City Southern’s dividend payout ratio (DPR) is 28.82%.

In related news, SVP William J. Wochner sold 26,521 shares of the company’s stock in a transaction dated Wednesday, July 20th. The stock was sold at an average price of $98.32, for a total transaction of $2,607,544.72. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David L. Starling sold 5,100 shares of the company’s stock in a transaction dated Wednesday, July 20th. The shares were sold at an average price of $98.88, for a total value of $504,288.00. The disclosure for this sale can be found here. Corporate insiders own 0.86% of the company’s stock.

Several large investors have recently made changes to their positions in the stock. Winslow Capital Management LLC acquired a new stake in shares of Kansas City Southern during the second quarter valued at approximately $261,621,000. Waddell & Reed Financial Inc. raised its stake in shares of Kansas City Southern by 14.8% in the second quarter. Waddell & Reed Financial Inc. now owns 2,558,753 shares of the company’s stock valued at $230,518,000 after buying an additional 330,177 shares during the last quarter. TIAA CREF Investment Management LLC raised its stake in shares of Kansas City Southern by 2.0% in the second quarter. TIAA CREF Investment Management LLC now owns 1,254,163 shares of the company’s stock valued at $112,988,000 after buying an additional 24,053 shares during the last quarter. BlackRock Group LTD raised its stake in shares of Kansas City Southern by 5.9% in the second quarter. BlackRock Group LTD now owns 1,201,228 shares of the company’s stock valued at $108,219,000 after buying an additional 66,620 shares during the last quarter. Finally, Teachers Advisors Inc. raised its stake in shares of Kansas City Southern by 3.9% in the second quarter. Teachers Advisors Inc. now owns 1,010,464 shares of the company’s stock valued at $91,033,000 after buying an additional 38,343 shares during the last quarter. Institutional investors own 91.30% of the company’s stock.

KSU has been the topic of a number of recent analyst reports. Zacks Investment Research cut Kansas City Southern from a “buy” rating to a “hold” rating in a report on Wednesday, October 5th. BMO Capital Markets reaffirmed a “market perform” rating and set a $94.00 price target on shares of Kansas City Southern in a research report on Thursday, July 7th. Loop Capital reaffirmed a “buy” rating on shares of Kansas City Southern in a research report on Friday, September 9th. Royal Bank Of Canada raised their price target on Kansas City Southern from $109.00 to $114.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 20th. Finally, Citigroup Inc. raised their price target on Kansas City Southern from $108.00 to $109.00 and gave the stock a “buy” rating in a research report on Wednesday, July 20th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $100.92.

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