Pwmco LLC Reduces Stock Position in Kansas City Southern (NYSE:KSU)

Pwmco LLC reduced its position in shares of Kansas City Southern (NYSE:KSU) by 21.2% in the second quarter, HoldingsChannel.com reports. The firm owned 94,170 shares of the transportation company’s stock after selling 25,300 shares during the period. Kansas City Southern comprises 2.8% of Pwmco LLC’s investment portfolio, making the stock its 13th largest position. Pwmco LLC’s holdings in Kansas City Southern were worth $11,501,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Thor Advisors LLC purchased a new stake in shares of Kansas City Southern during the first quarter worth about $37,000. Nelson Roberts Investment Advisors LLC purchased a new stake in shares of Kansas City Southern during the first quarter worth about $40,000. Bogart Wealth LLC purchased a new stake in Kansas City Southern in the first quarter worth about $46,000. Icon Wealth Partners LLC purchased a new stake in Kansas City Southern in the first quarter worth about $66,000. Finally, NEXT Financial Group Inc lifted its holdings in Kansas City Southern by 22.7% in the second quarter. NEXT Financial Group Inc now owns 675 shares of the transportation company’s stock worth $82,000 after buying an additional 125 shares during the period. Institutional investors own 85.96% of the company’s stock.

In other news, Director Lu M. Cordova sold 1,000 shares of Kansas City Southern stock in a transaction that occurred on Tuesday, June 4th. The shares were 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 in the company, valued at $120,589.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Adam J. Godderz sold 1,390 shares of Kansas City Southern stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $125.13, for a total transaction of $173,930.70. Following the transaction, the general counsel now owns 4,892 shares of the company’s stock, valued at $612,135.96. The disclosure for this sale can be found here. Insiders have sold 17,727 shares of company stock valued at $2,175,891 over the last quarter. Company insiders own 0.82% of the company’s stock.

KSU has been the subject of several research analyst reports. Barclays lowered their price objective on shares of Kansas City Southern from $130.00 to $128.00 and set an “equal weight” rating for the company in a report on Thursday, April 4th. Cascend Securities lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th. Cowen set a $460.00 price objective on shares of Boeing and gave the stock a “buy” rating in a report on Friday, July 19th. Morgan Stanley upgraded shares of OIL SEARCH LTD/ADR from an “equal weight” rating to an “overweight” rating in a report on Monday. Finally, Citigroup set a $20.00 price objective on shares of Compania de Minas Buenaventura SAA and gave the stock a “buy” rating in a report on Thursday, April 4th. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $130.36.

Shares of KSU stock traded up $0.50 during trading hours on Friday, hitting $123.82. 196,534 shares of the company’s stock traded hands, compared to its average volume of 958,525. The stock has a fifty day moving average price of $120.40. Kansas City Southern has a 12-month low of $90.55 and a 12-month high of $126.47. The firm has a market cap of $12.31 billion, a PE ratio of 20.74, a price-to-earnings-growth ratio of 1.22 and a beta of 0.93. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 0.79.

Kansas City Southern (NYSE:KSU) last released its earnings results on Friday, July 19th. The transportation company reported $1.64 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.60 by $0.04. Kansas City Southern had a net margin of 20.35% and a return on equity of 12.45%. The firm had revenue of $714.00 million during the quarter, compared to analyst estimates of $704.55 million. During the same period last year, the business earned $1.54 earnings per share. The business’s revenue was up 4.6% on a year-over-year basis. On average, equities research analysts forecast that Kansas City Southern will post 6.71 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, June 10th were issued a dividend of $0.36 per share. The ex-dividend date of this dividend was Friday, June 7th. This represents a $1.44 annualized dividend and a dividend yield of 1.16%. Kansas City Southern’s payout ratio is 24.12%.

Kansas City Southern 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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