Atlas Capital Advisors LLC Sells 193 Shares of Kansas City Southern (NYSE:KSU)

Atlas Capital Advisors LLC decreased its position in shares of Kansas City Southern (NYSE:KSU) by 50.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 188 shares of the transportation company’s stock after selling 193 shares during the quarter. Atlas Capital Advisors LLC’s holdings in Kansas City Southern were worth $25,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. grew its holdings in Kansas City Southern by 5.1% during the third quarter. Oppenheimer & Co. Inc. now owns 31,877 shares of the transportation company’s stock worth $4,241,000 after buying an additional 1,545 shares in the last quarter. California Public Employees Retirement System grew its holdings in Kansas City Southern by 24.0% during the third quarter. California Public Employees Retirement System now owns 228,563 shares of the transportation company’s stock worth $30,401,000 after buying an additional 44,237 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in Kansas City Southern by 7.3% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 429,303 shares of the transportation company’s stock worth $57,102,000 after buying an additional 29,352 shares in the last quarter. State of Tennessee Treasury Department grew its holdings in Kansas City Southern by 1,256.6% during the third quarter. State of Tennessee Treasury Department now owns 314,448 shares of the transportation company’s stock worth $41,825,000 after buying an additional 291,269 shares in the last quarter. Finally, Ninepoint Partners LP bought a new stake in Kansas City Southern during the third quarter worth $513,000. Hedge funds and other institutional investors own 88.20% of the company’s stock.

In other news, EVP Warren K. Erdman sold 6,840 shares of the company’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $127.39, for a total transaction of $871,347.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.82% of the stock is currently owned by insiders.

KSU stock opened at $153.31 on Friday. The stock’s fifty day simple moving average is $137.78 and its two-hundred day simple moving average is $125.91. The company has a current ratio of 0.78, a quick ratio of 0.58 and a debt-to-equity ratio of 0.46. Kansas City Southern has a 1-year low of $90.55 and a 1-year high of $155.52. The stock has a market cap of $14.84 billion, a P/E ratio of 25.68, a P/E/G ratio of 1.44 and a beta of 0.95.

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Kansas City Southern (NYSE:KSU) last posted its quarterly earnings data on Friday, October 18th. The transportation company reported $1.94 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.79 by $0.15. Kansas City Southern had a return on equity of 13.03% and a net margin of 20.23%. The business had revenue of $747.70 million for the quarter, compared to analysts’ expectations of $734.39 million. During the same quarter in the previous year, the firm earned $1.57 earnings per share. The business’s revenue was up 7.0% on a year-over-year basis. As a group, analysts forecast that Kansas City Southern will post 6.91 earnings per share for the current fiscal year.

Several brokerages recently issued reports on KSU. Seaport Global Securities upped their price target on Kansas City Southern from $145.00 to $154.00 and gave the stock a “buy” rating in a report on Friday, October 18th. BMO Capital Markets upped their price target on Kansas City Southern from $140.00 to $154.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Morgan Stanley upped their price target on Kansas City Southern from $120.00 to $130.00 and gave the stock an “equal weight” rating in a report on Monday, October 21st. Cascend Securities downgraded Kansas City Southern from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th. Finally, UBS Group upped their price target on Kansas City Southern from $143.00 to $163.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Seven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $141.59.

About Kansas City Southern

Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.

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Institutional Ownership by Quarter for Kansas City Southern (NYSE:KSU)

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