Somewhat Favorable News Coverage Somewhat Unlikely to Affect DST Systems (DST) Stock Price
News articles about DST Systems (NYSE:DST) have trended somewhat positive on Wednesday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DST Systems earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.5952518253605 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- DST Systems, Inc. (DST) Director Lowell L. Bryan Acquires 363 Shares (americanbankingnews.com)
- DST Systems, Inc. Announces Notification Of Third Quarter 2017 Earnings … (prnewswire.com)
- DST Systems – Buy The Dip (seekingalpha.com)
- DST Systems, Inc. Announces Notification Of Third Quarter 2017 Earnings Release Date (finance.yahoo.com)
- $511.80 Million in Sales Expected for DST Systems, Inc. (DST) This Quarter (americanbankingnews.com)
Several analysts recently weighed in on DST shares. Zacks Investment Research upgraded DST Systems from a “hold” rating to a “buy” rating and set a $66.00 target price for the company in a research note on Monday, June 19th. BidaskClub lowered DST Systems from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. ValuEngine raised DST Systems from a “hold” rating to a “buy” rating in a research report on Saturday, June 10th. Finally, DA Davidson initiated coverage on DST Systems in a research report on Wednesday, June 21st. They issued a “buy” rating and a $72.00 price target on the stock.
DST Systems (DST) opened at 55.40 on Wednesday. The company’s 50-day moving average is $52.35 and its 200-day moving average is $57.91. The company has a market cap of $3.35 billion, a price-to-earnings ratio of 5.58 and a beta of 1.31. DST Systems has a 12 month low of $47.26 and a 12 month 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 analysts’ consensus estimates of $0.78 by ($0.02). DST Systems had a return on equity of 16.79% and a net margin of 35.46%. The business had revenue of $656.20 million for the quarter, compared to the consensus estimate of $541.90 million. During the same quarter in the previous year, the business posted $1.42 EPS. The company’s revenue for the quarter was up 68.0% on a year-over-year basis. On average, equities research analysts anticipate that DST Systems will post $3.05 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Shareholders of record on Friday, August 25th were paid a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $0.72 annualized dividend and a yield of 1.30%. DST Systems’s dividend payout ratio is 7.11%.
In other news, CFO Gregg Wm Givens sold 20,000 shares of DST Systems stock in a transaction that occurred on Friday, July 14th. The stock was sold at an average price of $61.36, for a total transaction of $1,227,200.00. Following the completion of the transaction, the chief financial officer now directly owns 55,871 shares in the company, valued at approximately $3,428,244.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders bought 1,112 shares of company stock valued at $59,822. Insiders own 1.82% of the company’s stock.
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About DST Systems
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.
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