Kansas City Southern’s (KSU) Strong-Buy Rating Reaffirmed at Raymond James

Raymond James reaffirmed their strong-buy rating on shares of Kansas City Southern (NYSE:KSU) in a research note issued to investors on Tuesday morning, BenzingaRatingsTable reports. They currently have a $188.00 target price on the transportation company’s stock, up from their prior target price of $184.00.

A number of other equities research analysts also recently commented on KSU. UBS Group reiterated a buy rating and issued a $190.00 target price on shares of Kansas City Southern in a research report on Tuesday. Citigroup boosted their target price on Kansas City Southern from $144.00 to $160.00 and gave the stock a buy rating in a research report on Friday, October 18th. BMO Capital Markets boosted their target price on Kansas City Southern from $162.00 to $175.00 and gave the stock an outperform rating in a research report on Monday. Cowen reiterated a buy rating and issued a $181.00 target price (up from $172.00) on shares of Kansas City Southern in a research report on Tuesday. Finally, Seaport Global Securities boosted their target price on Kansas City Southern from $145.00 to $154.00 and gave the stock a buy rating in a research report on Friday, October 18th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Kansas City Southern currently has an average rating of Buy and an average price target of $160.11.

Shares of NYSE:KSU traded down $0.91 during mid-day trading on Tuesday, reaching $164.55. The stock had a trading volume of 478,738 shares, compared to its average volume of 1,054,887. The company has a current ratio of 0.78, a quick ratio of 0.58 and a debt-to-equity ratio of 0.46. The company has a market cap of $16.51 billion, a P/E ratio of 30.42, a price-to-earnings-growth ratio of 1.40 and a beta of 0.99. Kansas City Southern has a 1 year low of $101.11 and a 1 year high of $168.81. The business’s 50 day moving average price is $155.65 and its 200 day moving average price is $138.55.

Kansas City Southern (NYSE:KSU) last posted its earnings results on Friday, January 17th. The transportation company reported $1.82 EPS for the quarter, missing analysts’ consensus estimates of $1.83 by ($0.01). The firm had revenue of $729.50 million during the quarter, compared to analysts’ expectations of $730.99 million. Kansas City Southern had a return on equity of 13.41% and a net margin of 18.80%. Kansas City Southern’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.56 earnings per share. Analysts predict that Kansas City Southern will post 7.95 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 22nd. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.40 per share. This is a boost from Kansas City Southern’s previous quarterly dividend of $0.36. The ex-dividend date is Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a yield of 0.97%. Kansas City Southern’s payout ratio is 23.19%.

In other news, COO Jeffrey M. Songer sold 6,304 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $154.45, for a total value of $973,652.80. Following the completion of the sale, the chief operating officer now owns 26,772 shares in the company, valued at approximately $4,134,935.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Suzanne M. Grafton sold 806 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $155.64, for a total transaction of $125,445.84. Following the completion of the sale, the chief accounting officer now owns 9,791 shares of the company’s stock, valued at approximately $1,523,871.24. The disclosure for this sale can be found here. In the last three months, insiders sold 20,978 shares of company stock worth $3,216,845. Insiders own 0.82% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. increased its holdings in Kansas City Southern by 0.8% during the second quarter. BlackRock Inc. now owns 6,863,252 shares of the transportation company’s stock valued at $836,084,000 after buying an additional 52,192 shares during the period. Boston Partners boosted its stake in Kansas City Southern by 4.6% in the third quarter. Boston Partners now owns 5,240,386 shares of the transportation company’s stock valued at $697,460,000 after acquiring an additional 232,120 shares in the last quarter. Bank of America Corp DE boosted its stake in Kansas City Southern by 0.3% in the second quarter. Bank of America Corp DE now owns 704,372 shares of the transportation company’s stock valued at $85,806,000 after acquiring an additional 2,113 shares in the last quarter. Nuveen Asset Management LLC boosted its stake in Kansas City Southern by 2,195.1% in the second quarter. Nuveen Asset Management LLC now owns 646,555 shares of the transportation company’s stock valued at $78,763,000 after acquiring an additional 618,384 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its stake in Kansas City Southern by 103.4% in the third quarter. Fisher Asset Management LLC now owns 569,893 shares of the transportation company’s stock valued at $75,801,000 after acquiring an additional 289,643 shares in the last quarter. Hedge funds and other institutional investors own 88.41% 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.

Recommended Story: What is the price-to-earnings growth (PEG) ratio?

Analyst Recommendations 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.