Blair William & Co. IL bought a new position in shares of Kansas City Southern (NYSE:KSU) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,428 shares of the company’s stock, valued at approximately $219,000.

Several other large investors have also made changes to their positions in the stock. OLD National Bancorp IN boosted its stake in shares of Kansas City Southern by 15.1% in the first quarter. OLD National Bancorp IN now owns 3,773 shares of the company’s stock worth $322,000 after buying an additional 494 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Kansas City Southern by 1.9% in the first quarter. Geode Capital Management LLC now owns 889,091 shares of the company’s stock worth $75,820,000 after buying an additional 16,716 shares during the last quarter. Gulf International Bank UK Ltd boosted its stake in shares of Kansas City Southern by 0.5% in the second quarter. Gulf International Bank UK Ltd now owns 33,141 shares of the company’s stock worth $2,985,000 after buying an additional 150 shares during the last quarter. Exxonmobil Investment Management Inc. TX boosted its stake in shares of Kansas City Southern by 8.0% in the first quarter. Exxonmobil Investment Management Inc. TX now owns 26,417 shares of the company’s stock worth $2,257,000 after buying an additional 1,955 shares during the last quarter. Finally, BB&T Securities LLC boosted its stake in shares of Kansas City Southern by 27.7% in the first quarter. BB&T Securities LLC now owns 8,545 shares of the company’s stock worth $730,000 after buying an additional 1,852 shares during the last quarter. 91.37% of the stock is owned by institutional investors and hedge funds.

Shares of Kansas City Southern (NYSE:KSU) traded down 0.30% during trading on Tuesday, hitting $89.58. 1,059,248 shares of the company traded hands. The stock has a market cap of $9.67 billion, a price-to-earnings ratio of 19.50 and a beta of 1.13. The firm has a 50 day moving average price of $96.25 and a 200-day moving average price of $91.95. Kansas City Southern has a one year low of $62.20 and a one year high of $100.69.

Kansas City Southern (NYSE:KSU) last released its earnings results on Tuesday, July 19th. The company reported $1.22 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.14. The firm had revenue of $569 million for the quarter, compared to analysts’ expectations of $572.20 million. Kansas City Southern had a net margin of 21.13% and a return on equity of 12.00%. Analysts predict that Kansas City Southern will post $4.79 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 5th. Shareholders of record on Monday, September 12th will be paid a dividend of $0.33 per share. The ex-dividend date is Thursday, September 8th. This represents a $1.32 annualized dividend and a yield of 1.47%. Kansas City Southern’s payout ratio is 28.82%.

KSU has been the subject of a number of research reports. Credit Suisse Group AG reaffirmed a “hold” rating and issued a $101.00 target price on shares of Kansas City Southern in a report on Tuesday, September 13th. Royal Bank Of Canada boosted their price target on shares of Kansas City Southern from $109.00 to $114.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 20th. Loop Capital reiterated a “buy” rating on shares of Kansas City Southern in a research note on Friday, September 9th. RBC Capital Markets reiterated an “outperform” rating and set a $114.00 price target (up from $109.00) on shares of Kansas City Southern in a research note on Wednesday, July 20th. Finally, Atlantic Securities assumed coverage on shares of Kansas City Southern in a research note on Thursday, August 11th. They set a “neutral” rating and a $113.00 price target on the stock. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $100.82.

In other Kansas City Southern news, insider David L. Starling sold 5,100 shares of the firm’s stock in a transaction dated Wednesday, July 20th. The shares were sold at an average price of $98.88, for a total transaction of $504,288.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Michael W. Upchurch sold 5,367 shares of the firm’s stock in a transaction dated Friday, July 29th. The shares were sold at an average price of $95.18, for a total transaction of $510,831.06. Following the transaction, the chief financial officer now directly owns 16,808 shares in the company, valued at approximately $1,599,785.44. The disclosure for this sale can be found here. Company insiders own 0.86% of the company’s stock.

About Kansas City Southern

Kansas City Southern (KCS) is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-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 several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas.

5 Day Chart for NYSE:KSU

Want to see what other hedge funds are holding KSU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kansas City Southern (NYSE:KSU).

Receive News & Ratings for Kansas City Southern Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kansas City Southern and related companies with Analyst Ratings Network's FREE daily email newsletter.