DST Systems, Inc. (DST) Stake Lowered by Bokf Na
Bokf Na cut its stake in DST Systems, Inc. (NYSE:DST) by 19.0% during the third quarter, Holdings Channel reports. The institutional investor owned 16,233 shares of the company’s stock after selling 3,802 shares during the period. Bokf Na’s holdings in DST Systems were worth $1,915,000 as of its most recent filing with the SEC.
Several other institutional investors also recently modified their holdings of DST. Capstone Asset Management Co. raised its position in shares of DST Systems by 5.9% in the second quarter. Capstone Asset Management Co. now owns 3,593 shares of the company’s stock valued at $418,000 after buying an additional 201 shares in the last quarter. Nordea Investment Management AB raised its stake in DST Systems by 302.0% in the second quarter. Nordea Investment Management AB now owns 5,664 shares of the company’s stock worth $659,000 after buying an additional 4,255 shares during the period. LS Investment Advisors LLC raised its stake in DST Systems by 100.4% in the second quarter. LS Investment Advisors LLC now owns 2,263 shares of the company’s stock worth $263,000 after buying an additional 1,134 shares during the period. Parametrica Management Ltd acquired a new stake in DST Systems during the second quarter worth about $390,000. Finally, Oakbrook Investments LLC raised its stake in DST Systems by 8.5% in the second quarter. Oakbrook Investments LLC now owns 3,200 shares of the company’s stock worth $373,000 after buying an additional 250 shares during the period. Hedge funds and other institutional investors own 82.22% of the company’s stock.
DST Systems, Inc. (NYSE:DST) traded up 1.11% during midday trading on Friday, reaching $112.04. 131,618 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $107.43 and its 200 day moving average is $113.13. The firm has a market capitalization of $3.58 billion, a P/E ratio of 8.41 and a beta of 1.34. DST Systems, Inc. has a 52 week low of $94.52 and a 52 week high of $128.66.
DST Systems (NYSE:DST) last issued its quarterly earnings results on Thursday, October 20th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.06. The business earned $365.50 million during the quarter, compared to the consensus estimate of $392.96 million. DST Systems had a net margin of 20.13% and a return on equity of 20.40%. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.49 earnings per share. On average, analysts expect that DST Systems, Inc. will post $5.61 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, December 15th. Stockholders of record on Wednesday, November 23rd were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Monday, November 21st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.19%. DST Systems’s dividend payout ratio (DPR) is presently 9.78%.
Separately, Zacks Investment Research upgraded shares of DST Systems from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 21st.
DST Systems Company Profile
DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through unified data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.
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