Two Sigma Investments LP Cuts Holdings in DST Systems, Inc. (DST)

Two Sigma Investments LP lowered its position in DST Systems, Inc. (NYSE:DST) by 73.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,483 shares of the technology company’s stock after selling 89,516 shares during the quarter. Two Sigma Investments LP owned approximately 0.05% of DST Systems worth $2,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Penserra Capital Management LLC boosted its stake in DST Systems by 59.0% in the fourth quarter. Penserra Capital Management LLC now owns 2,705 shares of the technology company’s stock worth $167,000 after buying an additional 1,004 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new stake in DST Systems in the fourth quarter worth approximately $205,000. SeaCrest Wealth Management LLC purchased a new stake in DST Systems in the fourth quarter worth approximately $207,000. Wade G W & Inc. purchased a new stake in DST Systems in the fourth quarter worth approximately $209,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in DST Systems by 35.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,463 shares of the technology company’s stock worth $215,000 after buying an additional 909 shares in the last quarter. 85.69% of the stock is owned by institutional investors and hedge funds.

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DST has been the subject of several research reports. Zacks Investment Research lowered DST Systems from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. DA Davidson lowered DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 target price for the company. in a research note on Friday, January 12th. Robert W. Baird lowered DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 target price for the company. in a research note on Wednesday, January 17th. Finally, Evercore ISI reaffirmed an “in-line” rating on shares of DST Systems in a research note on Friday, January 12th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $68.50.

In other news, VP Jonathan J. Boehm sold 20,000 shares of the stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $64.50, for a total transaction of $1,290,000.00. Following the completion of the sale, the vice president now owns 75,518 shares of the company’s stock, valued at $4,870,911. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Vercie L. Lark sold 45,400 shares of the stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $83.57, for a total value of $3,794,078.00. Following the sale, the insider now directly owns 77,702 shares of the company’s stock, valued at approximately $6,493,556.14. The disclosure for this sale can be found here. In the last three months, insiders have bought 798 shares of company stock valued at $59,833 and have sold 70,800 shares valued at $5,535,734. Corporate insiders own 1.82% of the company’s stock.

NYSE:DST opened at $83.65 on Friday. The company has a market cap of $4,961.62, a PE ratio of 24.93, a P/E/G ratio of 2.03 and a beta of 1.54. DST Systems, Inc. has a fifty-two week low of $50.22 and a fifty-two week high of $84.48. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.43.

DST Systems (NYSE:DST) last released its quarterly earnings data on Monday, January 29th. The technology company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.27. The firm had revenue of $552.70 million during the quarter, compared to analyst estimates of $538.38 million. DST Systems had a return on equity of 16.90% and a net margin of 20.35%. The business’s quarterly revenue was up 47.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.83 earnings per share. sell-side analysts anticipate that DST Systems, Inc. will post 4.13 earnings per share for the current year.

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DST Systems Profile

DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.

Institutional Ownership by Quarter for DST Systems (NYSE:DST)

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