Shelton Capital Management purchased a new stake in shares of Kansas City Southern (NYSE:KSU) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 8,811 shares of the transportation company’s stock, valued at approximately $922,000.

Several other institutional investors also recently bought and sold shares of KSU. UBS Asset Management Americas Inc. grew its holdings in shares of Kansas City Southern by 10.0% during the 1st quarter. UBS Asset Management Americas Inc. now owns 277,259 shares of the transportation company’s stock valued at $23,778,000 after acquiring an additional 25,172 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Kansas City Southern by 2.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 2,250 shares of the transportation company’s stock valued at $194,000 after acquiring an additional 52 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Kansas City Southern by 3.1% during the 1st quarter. Pacer Advisors Inc. now owns 2,202 shares of the transportation company’s stock valued at $189,000 after acquiring an additional 66 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Kansas City Southern by 35.8% during the 1st quarter. Victory Capital Management Inc. now owns 14,603 shares of the transportation company’s stock valued at $1,252,000 after acquiring an additional 3,848 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in shares of Kansas City Southern by 7.2% during the 1st quarter. Alliancebernstein L.P. now owns 220,070 shares of the transportation company’s stock valued at $18,873,000 after acquiring an additional 14,846 shares in the last quarter. Institutional investors and hedge funds own 84.59% of the company’s stock.

Shares of Kansas City Southern (NYSE:KSU) opened at 103.74 on Friday. The company has a 50-day moving average of $105.92 and a 200-day moving average of $98.59. Kansas City Southern has a one year low of $79.05 and a one year high of $109.13. The company has a market capitalization of $10.94 billion, a PE ratio of 20.88 and a beta of 0.81.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data 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 net margin of 21.52% and a return on equity of 11.40%. The company had revenue of $656.40 million during the quarter, compared to the consensus estimate of $627.81 million. During the same quarter last year, the firm posted $1.22 EPS. The company’s quarterly revenue was up 15.5% on a year-over-year basis. On average, analysts anticipate that Kansas City Southern will post $5.20 earnings per share for the current 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 repurchase $800.00 million in shares. This repurchase authorization permits the transportation company to buy up to 7.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 4th. Stockholders of record on Monday, September 11th were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date was Friday, September 8th. This is an increase from Kansas City Southern’s previous quarterly dividend of $0.33. Kansas City Southern’s dividend payout ratio (DPR) is 28.92%.

Several equities analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Kansas City Southern from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a report on Monday, October 2nd. Morgan Stanley restated an “equal weight” rating and set a $88.00 price target (down from $93.00) on shares of Kansas City Southern in a report on Monday, October 2nd. Stifel Nicolaus restated a “buy” rating and set a $118.00 price target on shares of Kansas City Southern in a report on Thursday, September 21st. Citigroup Inc. restated a “buy” rating and set a $123.00 price target (up from $116.00) on shares of Kansas City Southern in a report on Wednesday. Finally, BidaskClub upgraded shares of Kansas City Southern from a “buy” rating to a “strong-buy” rating in a report on Friday, August 18th. Eleven analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $107.60.

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In other news, Director Henry J. Maier acquired 3,000 shares of the firm’s stock in a transaction dated Thursday, August 17th. The stock was bought at an average price of $106.19 per share, with a total value of $318,570.00. Following the transaction, the director now directly owns 4,159 shares in the company, valued at approximately $441,644.21. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Delano Jose Guillermo Zozaya sold 6,000 shares of Kansas City Southern stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $102.93, for a total transaction of $617,580.00. Following the completion of the transaction, the insider now directly owns 42,087 shares of the company’s stock, valued at approximately $4,332,014.91. The disclosure for this sale can be found here. In the last three months, insiders sold 14,469 shares of company stock valued at $1,522,510. Insiders own 0.95% 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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Institutional Ownership by Quarter for Kansas City Southern (NYSE:KSU)

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