Equities researchers at Goldman Sachs Group, Inc. (The) began coverage on shares of Kansas City Southern (NYSE:KSU) in a report released on Monday. The firm set a “neutral” rating and a $109.00 price target on the transportation company’s stock. Goldman Sachs Group, Inc. (The)’s target price points to a potential upside of 4.56% from the stock’s current price.

Other research analysts also recently issued reports about the company. BMO Capital Markets reissued a “market perform” rating and issued a $105.00 price target (up from $98.00) on shares of Kansas City Southern in a report on Tuesday, July 25th. Bank of America Corporation increased their price objective on Kansas City Southern from $112.00 to $113.00 and gave the company a “neutral” rating in a research note on Monday, August 21st. Zacks Investment Research raised Kansas City Southern from a “hold” rating to a “buy” rating and set a $118.00 price objective for the company in a research note on Thursday, August 24th. BidaskClub raised Kansas City Southern from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 18th. Finally, Loop Capital reiterated a “buy” rating and set a $124.00 price target (up from $118.00) on shares of Kansas City Southern in a report on Monday, October 23rd. Nine analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $113.06.

Kansas City Southern (NYSE:KSU) traded down $0.87 during trading hours on Monday, hitting $104.25. 624,700 shares of the stock were exchanged, compared to its average volume of 1,253,488. Kansas City Southern has a 12-month low of $79.05 and a 12-month high of $109.13. The stock has a market cap of $10,884.45, a P/E ratio of 21.15, a PEG ratio of 1.55 and a beta of 0.84. The company has a quick ratio of 0.53, a current ratio of 0.69 and a debt-to-equity ratio of 0.51.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Friday, October 20th. The transportation company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.03. The business had revenue of $653.00 million during the quarter, compared to analyst estimates of $651.95 million. Kansas City Southern had a net margin of 21.42% and a return on equity of 11.86%. The company’s revenue was up 8.0% on a year-over-year basis. During the same period last year, the firm posted $1.12 EPS. analysts expect that Kansas City Southern will post 5.21 EPS for the current fiscal year.

Kansas City Southern announced that its Board of Directors has initiated a share buyback plan on Tuesday, August 15th that permits the company to repurchase $800.00 million in outstanding shares. This repurchase authorization permits the transportation company to purchase up to 7.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

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In other Kansas City Southern news, SVP Mary K. Stadler sold 4,451 shares of the stock in a transaction that occurred on Friday, August 18th. The shares were sold at an average price of $105.87, for a total transaction of $471,227.37. Following the transaction, the senior vice president now owns 8,814 shares in the company, valued at approximately $933,138.18. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Henry J. Maier bought 3,000 shares of the firm’s stock in a transaction on Thursday, August 17th. The shares were acquired at an average price of $106.19 per share, for a total transaction of $318,570.00. Following the transaction, the director now owns 4,159 shares in the company, valued at $441,644.21. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 16,442 shares of company stock worth $1,727,525. 0.95% of the stock is owned by insiders.

Hedge funds have recently added to or reduced their stakes in the company. Bank of Montreal Can increased its position in shares of Kansas City Southern by 4.3% during the second quarter. Bank of Montreal Can now owns 32,865 shares of the transportation company’s stock worth $3,439,000 after buying an additional 1,356 shares during the period. Mn Services Vermogensbeheer B.V. raised its position in Kansas City Southern by 504.3% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 17,338 shares of the transportation company’s stock worth $1,814,000 after acquiring an additional 14,469 shares during the period. Winslow Evans & Crocker Inc. purchased a new position in Kansas City Southern during the second quarter valued at approximately $209,000. V Wealth Management LLC purchased a new position in Kansas City Southern during the second quarter valued at approximately $169,000. Finally, Headinvest LLC bought a new stake in shares of Kansas City Southern in the 2nd quarter worth approximately $246,000. 85.74% of the stock is owned by hedge funds and other institutional investors.

About Kansas City Southern

Kansas City Southern (KCS) is a holding company. The Company has 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’s subsidiaries include The Kansas City Southern Railway Company (KCSR) and Kansas City Southern de Mexico, SA de C.V.

Analyst Recommendations for Kansas City Southern (NYSE:KSU)

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