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

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

A number of other equities research analysts have also commented on the company. Cowen upped their target price on Kansas City Southern from $193.00 to $203.00 and gave the company an outperform rating in a research report on Monday, October 19th. BMO Capital Markets upgraded Kansas City Southern from a market perform rating to an outperform rating and upped their price objective for the stock from $200.00 to $205.00 in a research report on Monday, October 19th. Credit Suisse Group increased their target price on Kansas City Southern from $198.00 to $201.00 and gave the company an outperform rating in a research report on Monday, October 19th. Wolfe Research raised Kansas City Southern from a market perform rating to an outperform rating and set a $211.00 price objective for the company in a research note on Monday, October 19th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Kansas City Southern from $182.00 to $197.00 and gave the company a hold rating in a research note on Monday, November 30th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Kansas City Southern has an average rating of Buy and an average target price of $184.68.

KSU stock opened at $213.82 on Monday. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.79. The business’s fifty day simple moving average is $199.11 and its two-hundred 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 firm has a market cap of $20.01 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 1.86 and a beta of 1.01.

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

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 20th. Stockholders of record on Thursday, December 31st will be given a dividend of $0.44 per share. 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 dividend payout ratio is currently 25.51%.

In other news, CMO Michael J. Naatz sold 5,355 shares of the firm’s stock in a transaction dated Wednesday, November 18th. The shares were sold at an average price of $189.23, for a total transaction of $1,013,326.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Brian D. Hancock sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, November 18th. The shares were sold at an average price of $192.16, for a total transaction of $576,480.00. Following the transaction, the executive vice president now owns 17,595 shares of the company’s stock, valued at approximately $3,381,055.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,920 shares of company stock worth $2,071,786. Corporate insiders own 0.82% of the company’s stock.

Hedge funds have recently bought and sold shares of the stock. FMR LLC raised its position in Kansas City Southern by 186.2% during the second quarter. FMR LLC now owns 823,638 shares of the transportation company’s stock valued at $122,961,000 after acquiring an additional 535,808 shares in the last quarter. Nuveen Asset Management LLC grew its stake in shares of Kansas City Southern by 11.7% in the second quarter. Nuveen Asset Management LLC now owns 2,598,410 shares of the transportation company’s stock worth $387,918,000 after acquiring an additional 272,544 shares during the last quarter. TIG Advisors LLC acquired a new stake in Kansas City Southern during the third quarter worth $42,929,000. Interval Partners LP acquired a new stake in Kansas City Southern during the third quarter worth $23,491,000. Finally, Lord Abbett & CO. LLC boosted its stake in Kansas City Southern by 409.0% during the third quarter. Lord Abbett & CO. LLC now owns 141,482 shares of the transportation company’s stock worth $25,584,000 after buying an additional 113,684 shares in the last quarter. Institutional investors and hedge funds own 84.81% of the company’s stock.

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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Analyst Recommendations for Kansas City Southern (NYSE:KSU)

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