Northern Trust Corp lifted its stake in shares of DST Systems, Inc. (NYSE:DST) by 92.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 550,312 shares of the technology company’s stock after buying an additional 263,627 shares during the period. Northern Trust Corp owned about 0.89% of DST Systems worth $33,954,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. First Bank & Trust boosted its position in shares of DST Systems by 99.8% during the second quarter. First Bank & Trust now owns 1,718 shares of the technology company’s stock valued at $106,000 after buying an additional 858 shares during the last quarter. CENTRAL TRUST Co boosted its position in shares of DST Systems by 3,458.3% during the second quarter. CENTRAL TRUST Co now owns 2,135 shares of the technology company’s stock valued at $132,000 after buying an additional 2,075 shares during the last quarter. CWM LLC purchased a new position in shares of DST Systems during the second quarter valued at approximately $133,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of DST Systems by 119.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the technology company’s stock valued at $144,000 after buying an additional 1,266 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in shares of DST Systems by 102.6% during the second quarter. Bank of Montreal Can now owns 2,926 shares of the technology company’s stock valued at $180,000 after buying an additional 1,482 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

DST has been the topic of several analyst reports. BidaskClub cut DST Systems from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. DA Davidson initiated coverage on DST Systems in a research report on Wednesday, June 21st. They set a “buy” rating and a $72.00 target price on the stock. Robert W. Baird reaffirmed a “buy” rating and set a $68.00 target price on shares of DST Systems in a research report on Thursday. Finally, Zacks Investment Research cut DST Systems from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. DST Systems currently has a consensus rating of “Hold” and a consensus target price of $70.00.

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DST Systems, Inc. (NYSE:DST) opened at 55.95 on Monday. The firm has a 50-day moving average price of $53.48 and a 200 day moving average price of $57.75. The stock has a market cap of $3.39 billion, a PE ratio of 5.64 and a beta of 1.31. DST Systems, Inc. has a 52-week low of $47.26 and a 52-week high of $62.94.

DST Systems (NYSE:DST) last posted its quarterly earnings results on Thursday, July 27th. The technology company reported $0.76 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.02). DST Systems had a net margin of 35.46% and a return on equity of 16.79%. The business had revenue of $656.20 million during the quarter, compared to analysts’ expectations of $541.90 million. During the same period in the previous year, the company posted $1.42 earnings per share. DST Systems’s revenue for the quarter was up 68.0% compared to the same quarter last year. On average, analysts forecast that DST Systems, Inc. will post $3.05 earnings per share for the current fiscal year.

DST Systems Profile

DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.

Institutional Ownership by Quarter for DST Systems (NYSE:DST)

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