Bp Plc held its position in Kansas City Southern (NYSE:KSU) during the second quarter, Holdings Channel reports. The fund owned 14,000 shares of the transportation company’s stock at the end of the second quarter. Bp Plc’s holdings in Kansas City Southern were worth $1,465,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. WFG Advisors LP boosted its position in Kansas City Southern by 30.2% in the first quarter. WFG Advisors LP now owns 1,302 shares of the transportation company’s stock valued at $112,000 after buying an additional 302 shares in the last quarter. Financial Architects Inc boosted its position in Kansas City Southern by 270.6% in the first quarter. Financial Architects Inc now owns 1,527 shares of the transportation company’s stock valued at $131,000 after buying an additional 1,115 shares in the last quarter. V Wealth Management LLC bought a new position in Kansas City Southern during the second quarter valued at $169,000. 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 valued at $189,000 after buying an additional 66 shares in the last quarter. Finally, 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 valued at $194,000 after buying an additional 52 shares in the last quarter. 85.92% of the stock is currently owned by hedge funds and other institutional investors.

Kansas City Southern (NYSE KSU) opened at 102.97 on Friday. The company has a market capitalization of $10.86 billion, a PE ratio of 20.72 and a beta of 0.80. The company has a 50-day moving average of $103.56 and a 200-day moving average of $93.31. Kansas City Southern has a 52 week low of $79.05 and a 52 week high of $106.35.

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 the Zacks’ consensus estimate of $1.26 by $0.07. The business had revenue of $656.40 million for the quarter, compared to analyst estimates of $627.81 million. Kansas City Southern had a net margin of 21.52% and a return on equity of 11.40%. Kansas City Southern’s revenue was up 15.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.22 EPS. On average, equities research analysts anticipate that Kansas City Southern will post $5.21 EPS for the current year.

WARNING: This piece of content was first posted by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/kansas-city-southern-nyseksu-stake-held-by-bp-plc/1481013.html.

Several brokerages have recently commented on KSU. BidaskClub cut shares of Kansas City Southern from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. Aegis raised their target price on shares of Kansas City Southern from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, June 19th. Cowen and Company raised their target price on shares of Kansas City Southern from $94.00 to $95.00 and gave the stock a “market perform” rating in a report on Monday, April 24th. UBS AG reaffirmed a “positive” rating and set a $117.00 target price (up from $103.00) on shares of Kansas City Southern in a report on Monday, July 24th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and set a $90.00 target price (up from $87.00) on shares of Kansas City Southern in a report on Sunday, May 28th. Eleven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Kansas City Southern has an average rating of “Hold” and an average price target of $102.67.

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.

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 Analyst Ratings Network's FREE daily email newsletter.