Jump Financial LLC Acquires Shares of 4,291 Kansas City Southern (NYSE:KSU)

Jump Financial LLC acquired a new stake in Kansas City Southern (NYSE:KSU) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,291 shares of the transportation company’s stock, valued at approximately $1,216,000.

Several other large investors also recently bought and sold shares of the company. CSat Investment Advisory L.P. grew its stake in shares of Kansas City Southern by 21.0% during the 1st quarter. CSat Investment Advisory L.P. now owns 196 shares of the transportation company’s stock worth $52,000 after purchasing an additional 34 shares during the period. Penserra Capital Management LLC boosted its position in shares of Kansas City Southern by 17.9% in the 1st quarter. Penserra Capital Management LLC now owns 231 shares of the transportation company’s stock worth $60,000 after buying an additional 35 shares in the last quarter. Cresset Asset Management LLC boosted its position in shares of Kansas City Southern by 2.2% in the 2nd quarter. Cresset Asset Management LLC now owns 1,619 shares of the transportation company’s stock worth $459,000 after buying an additional 35 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Kansas City Southern by 7.5% in the 2nd quarter. Parallel Advisors LLC now owns 588 shares of the transportation company’s stock worth $167,000 after buying an additional 41 shares in the last quarter. Finally, CX Institutional boosted its position in shares of Kansas City Southern by 33.1% in the 2nd quarter. CX Institutional now owns 173 shares of the transportation company’s stock worth $49,000 after buying an additional 43 shares in the last quarter. 80.71% of the stock is currently owned by institutional investors and hedge funds.

KSU has been the topic of several recent research reports. Citigroup decreased their price objective on shares of Kansas City Southern from $305.00 to $300.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 6th. Raymond James decreased their price objective on shares of Kansas City Southern from $286.00 to $281.00 and set an “outperform” rating on the stock in a research report on Thursday, July 15th. Wells Fargo & Company boosted their price objective on shares of Kansas City Southern from $275.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 7th. TheStreet lowered shares of Kansas City Southern from a “b” rating to a “c+” rating in a research report on Monday, August 16th. Finally, Wolfe Research lowered shares of Kansas City Southern from an “outperform” rating to a “market perform” rating in a report on Wednesday, September 15th. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $265.50.

NYSE KSU opened at $286.68 on Thursday. Kansas City Southern has a 12 month low of $171.82 and a 12 month high of $315.39. The company has a 50-day moving average of $283.54 and a 200-day moving average of $282.93. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.65 and a quick ratio of 0.54. The company has a market cap of $26.08 billion, a P/E ratio of 217.18 and a beta of 1.07.

Kansas City Southern (NYSE:KSU) last posted its quarterly earnings data on Thursday, July 15th. The transportation company reported $2.06 EPS for the quarter, missing the Zacks’ consensus estimate of $2.15 by ($0.09). Kansas City Southern had a net margin of 4.63% and a return on equity of 16.17%. The company had revenue of $749.50 million for the quarter, compared to analyst estimates of $749.06 million. During the same period in the prior year, the company earned $1.16 EPS. The company’s revenue was up 36.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Kansas City Southern will post 8.84 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 6th. Stockholders of record on Monday, September 13th were paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date was Friday, September 10th. Kansas City Southern’s dividend payout ratio is currently 31.03%.

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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