Kansas City Southern (NYSE:KSU) SVP Mary K. Stadler sold 1,973 shares of the business’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $103.91, for a total transaction of $205,014.43. Following the sale, the senior vice president now owns 6,102 shares of the company’s stock, valued at approximately $634,058.82. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Kansas City Southern (NYSE:KSU) last released its quarterly earnings results on Friday, October 20th. The transportation company reported $1.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.32 by $0.03. The business had revenue of $653.00 million during the quarter, compared to the consensus estimate of $651.95 million. Kansas City Southern had a return on equity of 11.86% and a net margin of 21.42%. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.12 EPS.

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 4th. Shareholders of record on Monday, September 11th were paid a dividend of $0.36 per share. This is an increase from Kansas City Southern’s previous quarterly dividend of $0.33. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend was Friday, September 8th. Kansas City Southern’s payout ratio is currently 28.29%.

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

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Several analysts have recently issued reports on KSU shares. BidaskClub lowered shares of Kansas City Southern from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. Stifel Nicolaus reiterated a “buy” rating and issued a $118.00 target price (up previously from $114.00) on shares of Kansas City Southern in a research note on Friday, August 18th. Zacks Investment Research upgraded shares of Kansas City Southern from a “hold” rating to a “buy” rating and set a $118.00 target price for the company in a research note on Thursday, August 24th. Citigroup Inc. reiterated a “buy” rating and issued a $123.00 target price (up previously from $116.00) on shares of Kansas City Southern in a research note on Wednesday, October 4th. Finally, Bank of America Corporation upgraded shares of Kansas City Southern from a “neutral” rating to a “buy” rating and upped their target price for the stock from $113.00 to $116.00 in a research note on Tuesday, October 10th. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $113.31.

Large investors have recently made changes to their positions in the stock. Assenagon Asset Management S.A. bought a new position in shares of Kansas City Southern during the 3rd quarter valued at approximately $1,750,000. QS Investors LLC grew its stake in shares of Kansas City Southern by 0.5% during the 2nd quarter. QS Investors LLC now owns 1,320 shares of the transportation company’s stock valued at $138,000 after acquiring an additional 7 shares during the period. Eaton Vance Management grew its stake in shares of Kansas City Southern by 179.5% during the 2nd quarter. Eaton Vance Management now owns 175,346 shares of the transportation company’s stock valued at $18,350,000 after acquiring an additional 112,609 shares during the period. Fox Run Management L.L.C. bought a new position in shares of Kansas City Southern during the 3rd quarter valued at approximately $826,000. Finally, Westpac Banking Corp grew its stake in shares of Kansas City Southern by 28.9% during the 2nd quarter. Westpac Banking Corp now owns 117,572 shares of the transportation company’s stock valued at $12,304,000 after acquiring an additional 26,363 shares during the period. Institutional investors own 85.76% of the company’s stock.

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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