Optimum Investment Advisors Grows Position in Kansas City Southern (NYSE:KSU)

Optimum Investment Advisors increased its position in shares of Kansas City Southern (NYSE:KSU) by 18.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,945 shares of the transportation company’s stock after acquiring an additional 300 shares during the period. Optimum Investment Advisors’ holdings in Kansas City Southern were worth $237,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KSU. Adams Diversified Equity Fund Inc. acquired a new stake in shares of Kansas City Southern during the 2nd quarter worth about $13,327,000. Creative Planning raised its position in shares of Kansas City Southern by 21.0% during the 2nd quarter. Creative Planning now owns 17,672 shares of the transportation company’s stock worth $2,153,000 after acquiring an additional 3,069 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in shares of Kansas City Southern by 15.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 18,913 shares of the transportation company’s stock worth $2,304,000 after acquiring an additional 2,555 shares in the last quarter. Atlas Capital Advisors LLC acquired a new stake in shares of Kansas City Southern during the 2nd quarter worth about $46,000. Finally, Royal Bank of Scotland Group PLC raised its position in shares of Kansas City Southern by 8.7% during the 2nd quarter. Royal Bank of Scotland Group PLC now owns 4,241 shares of the transportation company’s stock worth $517,000 after acquiring an additional 341 shares in the last quarter. 86.54% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have recently weighed in on KSU. Loop Capital raised their target price on Kansas City Southern to $144.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. JPMorgan Chase & Co. lifted their target price on Kansas City Southern from $130.00 to $136.00 and gave the company a “neutral” rating in a research note on Monday, July 22nd. Morgan Stanley raised their price target on Kansas City Southern from $111.00 to $121.00 and gave the company an “equal weight” rating in a report on Monday, July 22nd. Raymond James raised their price target on Kansas City Southern from $140.00 to $141.00 and gave the company a “strong-buy” rating in a report on Monday, July 22nd. Finally, Credit Suisse Group raised their price target on Kansas City Southern from $134.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, July 22nd. Six equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $130.36.

In related news, Director Lu M. Cordova sold 1,000 shares of Kansas City Southern stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $116.85, for a total transaction of $116,850.00. Following the completion of the transaction, the director now directly owns 1,032 shares of the company’s stock, valued at $120,589.20. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Robert J. Druten sold 2,500 shares of Kansas City Southern stock in a transaction on Monday, July 22nd. The stock was sold at an average price of $125.04, for a total value of $312,600.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,890 shares of company stock valued at $727,881. 0.82% of the stock is currently owned by insiders.

Shares of KSU traded down $0.34 during mid-day trading on Friday, hitting $118.82. The company’s stock had a trading volume of 11,816 shares, compared to its average volume of 980,610. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.79 and a quick ratio of 0.59. The business has a 50-day moving average of $121.58. The stock has a market capitalization of $11.76 billion, a price-to-earnings ratio of 19.90, a P/E/G ratio of 1.17 and a beta of 0.94. Kansas City Southern has a 1-year low of $90.55 and a 1-year high of $126.47.

Kansas City Southern (NYSE:KSU) last issued its quarterly earnings data on Friday, July 19th. The transportation company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.04. The firm had revenue of $714.00 million during the quarter, compared to analysts’ expectations of $704.55 million. Kansas City Southern had a return on equity of 12.45% and a net margin of 20.35%. Kansas City Southern’s revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.54 earnings per share. Sell-side analysts anticipate that Kansas City Southern will post 6.71 EPS for the current fiscal year.

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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