SVA Plumb Wealth Management LLC Boosts Stake in Kansas City Southern (KSU)

SVA Plumb Wealth Management LLC lifted its stake in shares of Kansas City Southern (NYSE:KSU) by 10.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,162 shares of the transportation company’s stock after purchasing an additional 1,372 shares during the quarter. SVA Plumb Wealth Management LLC’s holdings in Kansas City Southern were worth $1,643,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of KSU. Boston Partners bought a new stake in Kansas City Southern during the first quarter valued at $292,039,000. Norges Bank bought a new position in shares of Kansas City Southern during the 4th quarter valued at approximately $102,073,000. Massachusetts Financial Services Co. MA grew its position in shares of Kansas City Southern by 9.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 10,418,608 shares of the transportation company’s stock valued at $994,456,000 after acquiring an additional 882,425 shares during the period. Pennsylvania Trust Co bought a new position in shares of Kansas City Southern during the 1st quarter valued at approximately $14,426,000. Finally, Scharf Investments LLC grew its position in shares of Kansas City Southern by 33.9% during the 4th quarter. Scharf Investments LLC now owns 1,113,034 shares of the transportation company’s stock valued at $106,239,000 after acquiring an additional 281,930 shares during the period. 91.36% of the stock is currently owned by institutional investors.

KSU traded down $0.87 during trading on Wednesday, reaching $118.14. 41,912 shares of the company’s stock were exchanged, compared to its average volume of 1,003,574. Kansas City Southern has a 1 year low of $90.55 and a 1 year high of $125.92. The company has a current ratio of 1.36, a quick ratio of 1.02 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $11.80 billion, a PE ratio of 19.79, a P/E/G ratio of 1.32 and a beta of 0.90.

Kansas City Southern (NYSE:KSU) last posted its quarterly earnings results on Wednesday, April 17th. The transportation company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.10. Kansas City Southern had a net margin of 21.30% and a return on equity of 12.40%. The company had revenue of $674.80 million during the quarter, compared to analyst estimates of $669.08 million. During the same period last year, the firm posted $1.30 EPS. Kansas City Southern’s revenue for the quarter was up 5.7% compared to the same quarter last year. As a group, analysts predict that Kansas City Southern will post 6.84 EPS for the current fiscal year.

A number of research analysts have recently weighed in on the stock. Loop Capital increased their target price on shares of Kansas City Southern to $142.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. Raymond James increased their target price on shares of Kansas City Southern from $135.00 to $140.00 and gave the company a “strong-buy” rating in a research report on Thursday, April 18th. Zacks Investment Research raised shares of Kansas City Southern from a “hold” rating to a “buy” rating and set a $140.00 target price for the company in a research report on Tuesday, April 23rd. Cowen reissued a “buy” rating and set a $136.00 target price on shares of Kansas City Southern in a research report on Wednesday, May 1st. Finally, BMO Capital Markets raised their price objective on shares of Kansas City Southern to $130.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. Five investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $127.50.

In other news, CMO Michael J. Naatz sold 11,837 shares of Kansas City Southern stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $122.45, for a total transaction of $1,449,440.65. Following the completion of the transaction, the chief marketing officer now directly owns 18,764 shares of the company’s stock, valued at approximately $2,297,651.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Suzanne M. Grafton sold 1,000 shares of Kansas City Southern stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $123.07, for a total transaction of $123,070.00. Following the transaction, the vice president now directly owns 10,218 shares of the company’s stock, valued at $1,257,529.26. The disclosure for this sale can be found here. Insiders have sold a total of 31,285 shares of company stock valued at $3,870,266 over the last three months. 0.82% of the stock is currently owned by insiders.

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Kansas City Southern Company Profile

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

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