NJ State Employees Deferred Compensation Plan held its position in shares of Kansas City Southern (NYSE:KSU) during the second quarter, Holdings Channel reports. The firm owned 3,000 shares of the transportation company’s stock at the end of the second quarter. NJ State Employees Deferred Compensation Plan’s holdings in Kansas City Southern were worth $314,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of KSU. Savant Capital LLC boosted its position in 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 last quarter. Concert Wealth Management Inc. boosted its position in 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 last quarter. Envestnet Asset Management Inc. boosted its position in 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 last quarter. Capital Innovations LLC boosted its position in Kansas City Southern by 2.5% in the first quarter. Capital Innovations LLC now owns 2,477 shares of the transportation company’s stock worth $212,000 after buying an additional 60 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in Kansas City Southern by 3.1% in the first quarter. Pacer Advisors Inc. now owns 2,202 shares of the transportation company’s stock worth $189,000 after buying an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 85.92% of the company’s stock.

Kansas City Southern (NYSE KSU) opened at 103.90 on Thursday. Kansas City Southern has a 12 month low of $79.05 and a 12 month high of $106.35. The company has a market cap of $10.95 billion, a price-to-earnings ratio of 20.91 and a beta of 0.80. The stock has a 50 day moving average price of $103.46 and a 200 day moving average price of $93.12.

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

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A number of equities analysts have recently issued reports on the company. BidaskClub cut Kansas City Southern from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. BMO Capital Markets reiterated a “market perform” rating and issued a $105.00 price objective (up from $98.00) on shares of Kansas City Southern in a report on Tuesday, July 25th. Cowen and Company reiterated a “market perform” rating and issued a $104.00 price objective (up from $95.00) on shares of Kansas City Southern in a report on Monday, July 24th. UBS AG reiterated a “positive” rating and issued a $117.00 price objective (up from $103.00) on shares of Kansas City Southern in a report on Monday, July 24th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $108.00 price objective on shares of Kansas City Southern in a report on Friday, June 30th. Twelve analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $103.31.

Kansas City Southern Company Profile

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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Institutional Ownership by Quarter for Kansas City Southern (NYSE:KSU)

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