Tower Research Capital LLC TRC bought a new stake in Kansas City Southern (NYSE:KSU) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,073 shares of the transportation company’s stock, valued at approximately $538,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. acquired a new stake in shares of Kansas City Southern in the second quarter valued at approximately $101,000. FNY Investment Advisers LLC acquired a new stake in shares of Kansas City Southern in the second quarter valued at approximately $105,000. Point72 Hong Kong Ltd increased its holdings in shares of Kansas City Southern by 63.5% in the second quarter. Point72 Hong Kong Ltd now owns 1,439 shares of the transportation company’s stock valued at $152,000 after purchasing an additional 559 shares during the last quarter. Summit Trail Advisors LLC increased its holdings in shares of Kansas City Southern by 9,893.5% in the first quarter. Summit Trail Advisors LLC now owns 162,495 shares of the transportation company’s stock valued at $162,000 after purchasing an additional 160,869 shares during the last quarter. Finally, Gideon Capital Advisors Inc. acquired a new stake in shares of Kansas City Southern in the second quarter valued at approximately $204,000. Institutional investors and hedge funds own 87.58% of the company’s stock.

In other Kansas City Southern news, Director Lu M. Cordova sold 1,000 shares of the firm’s stock in a transaction on Tuesday, August 28th. The stock was sold at an average price of $118.93, for a total transaction of $118,930.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Michael W. Upchurch sold 5,442 shares of the firm’s stock in a transaction on Thursday, July 26th. The stock was sold at an average price of $116.77, for a total value of $635,462.34. Following the sale, the chief financial officer now directly owns 17,906 shares of the company’s stock, valued at approximately $2,090,883.62. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,171 shares of company stock valued at $841,712. 0.70% of the stock is owned by insiders.

KSU stock opened at $117.11 on Monday. The company has a quick ratio of 0.85, a current ratio of 1.20 and a debt-to-equity ratio of 0.54. The firm has a market cap of $11.96 billion, a price-to-earnings ratio of 22.31, a price-to-earnings-growth ratio of 1.48 and a beta of 0.83. Kansas City Southern has a 52-week low of $99.47 and a 52-week high of $120.34.

Kansas City Southern (NYSE:KSU) last posted its earnings results on Friday, July 20th. The transportation company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.02. The company had revenue of $682.40 million during the quarter, compared to analysts’ expectations of $686.12 million. Kansas City Southern had a return on equity of 12.01% and a net margin of 36.91%. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.33 earnings per share. equities research analysts anticipate that Kansas City Southern will post 6.09 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 3rd. Shareholders of record on Monday, September 10th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, September 7th. This represents a $1.44 annualized dividend and a yield of 1.23%. Kansas City Southern’s dividend payout ratio (DPR) is 27.43%.

Several equities research analysts recently commented on the company. Raymond James increased their price target on Kansas City Southern from $128.00 to $133.00 and gave the company a “strong-buy” rating in a report on Friday, August 31st. Cowen raised Kansas City Southern from a “market perform” rating to an “outperform” rating and increased their price target for the company from $124.00 to $138.00 in a report on Wednesday, August 29th. Zacks Investment Research raised Kansas City Southern from a “sell” rating to a “hold” rating in a report on Tuesday, July 3rd. Loop Capital increased their price target on Kansas City Southern to $132.00 and gave the company a “buy” rating in a report on Monday, July 23rd. Finally, Credit Suisse Group increased their price target on Kansas City Southern from $125.00 to $126.00 and gave the company a “$111.08” rating in a report on Monday, July 23rd. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $122.43.

Kansas City Southern Profile

Kansas City Southern, through its subsidiaries, provides domestic and international rail transportation services in North America. It 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.

Featured Story: Outstanding Shares and The Effect on Share Price

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).

Institutional Ownership by Quarter 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 MarketBeat.com's FREE daily email newsletter.