Smith Barney Citigroup Boosts Kansas City Southern (NYSE:KSU) Price Target to $250.00

Kansas City Southern (NYSE:KSU) had its price objective upped by Smith Barney Citigroup from $220.00 to $250.00 in a research report report published on Monday, The Fly reports.

Other equities analysts have also issued reports about the stock. Wolfe Research upgraded shares of Kansas City Southern from a market perform rating to an outperform rating and set a $211.00 price target on the stock in a research report on Monday, October 19th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Kansas City Southern from $182.00 to $197.00 and gave the stock a hold rating in a research note on Monday, November 30th. Credit Suisse Group boosted their price target on shares of Kansas City Southern from $198.00 to $201.00 and gave the stock an outperform rating in a research note on Monday, October 19th. Barclays boosted their price target on shares of Kansas City Southern from $150.00 to $175.00 in a research note on Monday, September 14th. Finally, Morgan Stanley boosted their price target on shares of Kansas City Southern from $138.00 to $142.00 and gave the stock an equal weight rating in a research note on Wednesday, January 6th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of $184.68.

NYSE KSU opened at $213.82 on Monday. The stock has a market cap of $20.01 billion, a P/E ratio of 35.34, a PEG ratio of 1.86 and a beta of 1.01. The company’s 50-day simple moving average is $199.11 and its 200 day simple moving average is $182.00. Kansas City Southern has a twelve month low of $92.86 and a twelve month high of $222.63. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.79.

Kansas City Southern (NYSE:KSU) last posted its earnings results on Friday, October 16th. The transportation company reported $1.96 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.90 by $0.06. The business had revenue of $659.60 million for the quarter, compared to analysts’ expectations of $662.68 million. Kansas City Southern had a net margin of 21.68% and a return on equity of 13.91%. The firm’s revenue for the quarter was down 11.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.94 earnings per share. Research analysts anticipate that Kansas City Southern will post 7.05 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 20th. Stockholders of record on Thursday, December 31st will be paid a $0.44 dividend. The ex-dividend date is Wednesday, December 30th. This represents a $1.76 annualized dividend and a dividend yield of 0.82%. This is a positive change from Kansas City Southern’s previous quarterly dividend of $0.40. Kansas City Southern’s payout ratio is currently 25.51%.

In other Kansas City Southern news, insider Cueto Cuevas Oscar Augusto Del sold 1,046 shares of the company’s stock in a transaction on Wednesday, November 11th. The shares were sold at an average price of $186.39, for a total transaction of $194,963.94. Following the transaction, the insider now owns 7,182 shares in the company, valued at $1,338,652.98. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CMO Michael J. Naatz sold 5,355 shares of the company’s stock in a transaction on Wednesday, November 18th. The stock was sold at an average price of $189.23, for a total transaction of $1,013,326.65. The disclosure for this sale can be found here. Insiders sold a total of 10,920 shares of company stock valued at $2,071,786 in the last quarter. 0.82% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KSU. FMR LLC raised its holdings in Kansas City Southern by 9.2% during the first quarter. FMR LLC now owns 152,478 shares of the transportation company’s stock worth $17,684,000 after buying an additional 12,805 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Kansas City Southern by 10.9% during the second quarter. PNC Financial Services Group Inc. now owns 470,820 shares of the transportation company’s stock worth $70,288,000 after buying an additional 46,087 shares during the last quarter. Stifel Financial Corp raised its holdings in Kansas City Southern by 7.0% during the second quarter. Stifel Financial Corp now owns 31,884 shares of the transportation company’s stock worth $4,760,000 after buying an additional 2,090 shares during the last quarter. Cubist Systematic Strategies LLC raised its holdings in shares of Kansas City Southern by 168.0% in the second quarter. Cubist Systematic Strategies LLC now owns 27,028 shares of the transportation company’s stock valued at $4,035,000 after purchasing an additional 16,942 shares during the last quarter. Finally, Captrust Financial Advisors raised its holdings in shares of Kansas City Southern by 6.4% in the second quarter. Captrust Financial Advisors now owns 1,167 shares of the transportation company’s stock valued at $169,000 after purchasing an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 84.81% 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.

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The Fly

Analyst Recommendations for Kansas City Southern (NYSE:KSU)

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