Bartlett & Co. LLC Has $32.78 Million Position in Kansas City Southern (NYSE:KSU)

Bartlett & Co. LLC lowered its stake in Kansas City Southern (NYSE:KSU) by 2.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 121,117 shares of the transportation company’s stock after selling 2,569 shares during the period. Bartlett & Co. LLC owned 0.13% of Kansas City Southern worth $32,779,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of KSU. CX Institutional increased its holdings in shares of Kansas City Southern by 33.1% in the second quarter. CX Institutional now owns 173 shares of the transportation company’s stock valued at $49,000 after purchasing an additional 43 shares in the last quarter. LFA Lugano Financial Advisors SA acquired a new stake in shares of Kansas City Southern in the second quarter valued at approximately $57,000. Rosenberg Matthew Hamilton increased its holdings in shares of Kansas City Southern by 33.5% in the third quarter. Rosenberg Matthew Hamilton now owns 267 shares of the transportation company’s stock valued at $72,000 after purchasing an additional 67 shares in the last quarter. Key Financial Inc increased its holdings in shares of Kansas City Southern by 49.8% in the second quarter. Key Financial Inc now owns 301 shares of the transportation company’s stock valued at $81,000 after purchasing an additional 100 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its holdings in Kansas City Southern by 1,431.6% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 291 shares of the transportation company’s stock worth $82,000 after acquiring an additional 272 shares during the period. 79.69% of the stock is owned by institutional investors and hedge funds.

In other Kansas City Southern news, CFO Michael W. Upchurch sold 37,845 shares of Kansas City Southern stock in a transaction on Thursday, October 21st. The shares were sold at an average price of $301.41, for a total value of $11,406,861.45. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Adam J. Godderz sold 8,844 shares of the business’s stock in a transaction dated Thursday, October 21st. The stock was sold at an average price of $301.89, for a total transaction of $2,669,915.16. The disclosure for this sale can be found here. Insiders sold a total of 66,585 shares of company stock worth $20,138,417 over the last ninety days. 0.83% of the stock is currently owned by insiders.

KSU has been the subject of a number of analyst reports. Barclays lowered their target price on shares of Kansas City Southern from $310.00 to $275.00 and set an “underweight” rating for the company in a report on Monday, October 4th. Wells Fargo & Company lifted their target price on shares of Kansas City Southern from $275.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, October 7th. Wolfe Research lowered shares of Kansas City Southern from an “outperform” rating to a “peer perform” rating in a report on Wednesday, October 20th. Raymond James lifted their target price on shares of Kansas City Southern from $316.00 to $319.00 and gave the stock an “outperform” rating in a report on Wednesday, October 20th. Finally, TheStreet lowered shares of Kansas City Southern from a “b” rating to a “c+” rating in a report on Monday, August 16th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $272.62.

KSU opened at $294.93 on Friday. The stock has a market capitalization of $26.83 billion, a P/E ratio of 289.15 and a beta of 1.08. Kansas City Southern has a 12 month low of $185.85 and a 12 month high of $315.39. The firm’s fifty day simple moving average is $294.98 and its 200 day simple moving average is $288.55. The company has a current ratio of 0.72, a quick ratio of 0.62 and a debt-to-equity ratio of 0.89.

Kansas City Southern (NYSE:KSU) last posted its quarterly earnings data on Monday, October 18th. The transportation company reported $2.02 EPS for the quarter, missing the consensus estimate of $2.04 by ($0.02). The company had revenue of $744.00 million during the quarter, compared to the consensus estimate of $720.29 million. Kansas City Southern had a net margin of 3.33% and a return on equity of 16.69%. The company’s revenue was up 12.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.96 earnings per share. On average, equities research analysts predict that Kansas City Southern will post 8.13 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 19th. Investors of record on Friday, December 31st will be given a $0.54 dividend. The ex-dividend date is Thursday, December 30th. This represents a $2.16 annualized dividend and a yield of 0.73%. Kansas City Southern’s dividend payout ratio is currently 211.77%.

Kansas City Southern Company Profile

Kansas City Southern is a transportation holding company. It focuses on the growing north or south freight corridor connecting key commercial and industrial markets in the central United States with major industrial cities in Mexico. The firm also engages in the freight rail transportation business operating through a single coordinated rail network.

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Institutional Ownership by Quarter for Kansas City Southern (NYSE:KSU)

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