Kansas City Southern (NYSE:KSU) insider Delano Jose Guillermo Zozaya sold 6,000 shares of Kansas City Southern stock in a transaction on Monday, August 28th. The stock was sold at an average price of $102.93, for a total transaction of $617,580.00. Following the transaction, the insider now directly owns 42,087 shares of the company’s stock, valued at $4,332,014.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Kansas City Southern (NYSE:KSU) opened at 102.97 on Wednesday. Kansas City Southern has a 52 week low of $79.05 and a 52 week high of $109.13. The firm has a market cap of $10.86 billion, a P/E ratio of 20.72 and a beta of 0.80. The firm’s 50-day moving average price is $104.33 and its 200 day moving average price is $94.72.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings results on Friday, July 21st. The transportation company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.07. Kansas City Southern had a return on equity of 11.40% and a net margin of 21.52%. The company had revenue of $656.40 million during the quarter, compared to analyst estimates of $627.81 million. During the same period in the prior year, the company earned $1.22 earnings per share. The firm’s revenue was up 15.5% on a year-over-year basis. Equities analysts forecast that Kansas City Southern will post $5.21 earnings per share for the current fiscal year.

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

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Investors of record on Monday, September 11th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, September 8th. This is a positive change from Kansas City Southern’s previous quarterly dividend of $0.33. This represents a $1.44 dividend on an annualized basis and a yield of 1.40%. Kansas City Southern’s dividend payout ratio is presently 26.51%.

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A number of institutional investors have recently made changes to their positions in KSU. QS Investors LLC raised its position in shares of Kansas City Southern by 0.5% in the second quarter. QS Investors LLC now owns 1,320 shares of the transportation company’s stock worth $138,000 after buying an additional 7 shares during the last quarter. Savant Capital LLC increased its stake in shares of Kansas City Southern by 0.4% in the first quarter. Savant Capital LLC now owns 3,201 shares of the transportation company’s stock worth $275,000 after buying an additional 12 shares during the period. Concert Wealth Management Inc. increased its stake in shares of Kansas City Southern by 0.3% in the first quarter. Concert Wealth Management Inc. now owns 7,059 shares of the transportation company’s stock worth $598,000 after buying an additional 24 shares during the period. Moors & Cabot Inc. increased its stake in shares of Kansas City Southern by 1.2% in the second quarter. Moors & Cabot Inc. now owns 4,277 shares of the transportation company’s stock worth $447,000 after buying an additional 51 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of Kansas City Southern by 2.4% in the first quarter. Envestnet Asset Management Inc. now owns 2,250 shares of the transportation company’s stock worth $194,000 after buying an additional 52 shares during the period. 84.53% of the stock is owned by institutional investors.

A number of equities analysts have commented on KSU shares. BMO Capital Markets reaffirmed a “hold” rating and set a $92.00 price objective on shares of Kansas City Southern in a research report on Wednesday, May 24th. BidaskClub downgraded Kansas City Southern from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 22nd. Credit Suisse Group raised Kansas City Southern from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $90.00 to $116.00 in a report on Friday, June 16th. Zacks Investment Research raised Kansas City Southern from a “hold” rating to a “buy” rating and set a $118.00 target price for the company in a report on Thursday, August 24th. Finally, Cowen and Company reissued a “hold” rating on shares of Kansas City Southern in a report on Friday, August 25th. Ten research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Kansas City Southern currently has an average rating of “Buy” and an average price target of $105.73.

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.

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