Today The Winslow Capital Management LLC Has $251,650,000 Stake in Kansas City Southern (KSU)

Today The Winslow Capital Management LLC Has $251,650,000 Stake in Kansas City Southern (KSU)

Winslow Capital Management LLC cut its position in Kansas City Southern (NYSE:KSU) by 7.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,696,636 shares of the company’s stock after selling 207,355 shares during the period. Winslow Capital Management LLC’s holdings in Kansas City Southern were worth $251,650,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Nomura Holdings Inc. boosted its stake in shares of Kansas City Southern by 10,267.3% in the second quarter. Nomura Holdings Inc. now owns 417,699 shares of the company’s stock worth $37,740,000 after buying an additional 413,670 shares during the period. Coronation Fund Managers Ltd. acquired a new stake in shares of Kansas City Southern during the second quarter worth about $32,489,000. Waddell & Reed Financial Inc. boosted 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 worth $230,518,000 after buying an additional 330,177 shares during the period. Bank of Montreal Can acquired a new stake in shares of Kansas City Southern during the second quarter worth about $23,668,000. Finally, Lord Abbett & CO. LLC acquired a new stake in shares of Kansas City Southern during the second quarter worth about $16,959,000. 88.56% of the stock is owned by institutional investors and hedge funds.

Shares of Kansas City Southern (NYSE:KSU) traded up 1.76% on Wednesday, reaching $87.87. 174,173 shares of the company’s stock traded hands. Kansas City Southern has a 12-month low of $66.67 and a 12-month high of $100.69. The stock has a 50-day moving average of $84.55 and a 200 day moving average of $90.67. The firm has a market cap of $9.45 billion, a P/E ratio of 19.84 and a beta of 0.90.

Kansas City Southern (NYSE:KSU) last posted its earnings results on Friday, January 20th. The company reported $1.12 earnings per share for the quarter, missing analysts’ consensus estimates of $1.17 by $0.05. Kansas City Southern had a net margin of 20.48% and a return on equity of 11.19%. The business earned $599 million during the quarter. During the same period in the previous year, the business posted $1.23 earnings per share. The business’s quarterly revenue was up .1% compared to the same quarter last year. On average, equities research analysts expect that Kansas City Southern will post $5.06 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 18th. Investors of record on Friday, December 30th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend was Wednesday, December 28th. Kansas City Southern’s dividend payout ratio (DPR) is presently 29.80%.

KSU has been the subject of a number of research reports. Zacks Investment Research cut shares of Kansas City Southern from a “buy” rating to a “hold” rating in a research note on Wednesday, October 5th. Stephens cut shares of Kansas City Southern from an “overweight” rating to an “equal weight” rating in a research note on Friday, December 9th. Oppenheimer Holdings, Inc. reaffirmed a “market perform” rating on shares of Kansas City Southern in a research note on Wednesday, November 9th. Stifel Nicolaus raised shares of Kansas City Southern from a “hold” rating to a “buy” rating and upped their price objective for the company from $94.00 to $96.00 in a research note on Thursday, December 15th. They noted that the move was a valuation call. Finally, Aegis cut shares of Kansas City Southern from a “buy” rating to a “hold” rating and cut their price objective for the company from $105.00 to $95.00 in a research note on Wednesday, November 9th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and nine have assigned a buy rating to the company. Kansas City Southern has a consensus rating of “Hold” and a consensus price target of $99.79.

Kansas City Southern Company Profile

Kansas City Southern (KCS) is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-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 several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas.

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