Kansas City Southern (NYSE:KSU) shares shot up 2.6% during mid-day trading on Thursday . The company traded as high as $95.49 and last traded at $94.93, with a volume of 1,091,791 shares trading hands. The stock had previously closed at $92.53.

A number of research firms recently issued reports on KSU. Buckingham Research reiterated a “hold” rating on shares of Kansas City Southern in a report on Sunday, April 17th. JPMorgan Chase & Co. restated a “buy” rating on shares of Kansas City Southern in a research note on Saturday, April 23rd. Zacks Investment Research cut Kansas City Southern from a “hold” rating to a “sell” rating in a research note on Tuesday, June 21st. Susquehanna raised their price target on Kansas City Southern from $76.00 to $85.00 in a research note on Wednesday, April 6th. Finally, Oppenheimer Holdings Inc. assumed coverage on Kansas City Southern in a research note on Wednesday, June 15th. They issued an “outperform” rating and a $87.32 price target on the stock. Three analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Kansas City Southern currently has a consensus rating of “Hold” and an average target price of $95.56.

The firm has a market cap of $10.25 billion and a P/E ratio of 21.17. The firm’s 50 day moving average price is $90.00 and its 200 day moving average price is $84.66.

Kansas City Southern (NYSE:KSU) last posted its quarterly earnings data on Tuesday, April 19th. The company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.06. The firm earned $563 million during the quarter, compared to analysts’ expectations of $569.37 million. During the same period in the previous year, the company earned $1.03 earnings per share. The business’s quarterly revenue was down 6.6% on a year-over-year basis. On average, equities research analysts forecast that Kansas City Southern will post $4.58 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 6th. Shareholders of record on Monday, June 13th were given a $0.33 dividend. The ex-dividend date of this dividend was Thursday, June 9th. This represents a $1.32 dividend on an annualized basis and a yield of 1.39%.

In other news, Director Robert J. Druten sold 3,240 shares of the stock in a transaction dated Thursday, June 9th. The shares were sold at an average price of $89.94, for a total transaction of $291,405.60. Following the transaction, the director now owns 21,524 shares of the company’s stock, valued at $1,935,868.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Several institutional investors recently modified their holdings of KSU. Oregon Public Employees Retirement Fund boosted its position in shares of Kansas City Southern by 4.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 15,324 shares of the company’s stock valued at $1,144,000 after buying an additional 700 shares during the last quarter. ProShare Advisors LLC boosted its position in shares of Kansas City Southern by 6.2% in the fourth quarter. ProShare Advisors LLC now owns 15,844 shares of the company’s stock valued at $1,183,000 after buying an additional 929 shares during the last quarter. Andra AP fonden boosted its position in shares of Kansas City Southern by 147.9% in the fourth quarter. Andra AP fonden now owns 18,100 shares of the company’s stock valued at $1,352,000 after buying an additional 10,800 shares during the last quarter. Aberdeen Asset Management PLC UK boosted its position in shares of Kansas City Southern by 26.6% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 21,225 shares of the company’s stock valued at $1,829,000 after buying an additional 4,462 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted its position in shares of Kansas City Southern by 111.1% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 29,371 shares of the company’s stock valued at $2,193,000 after buying an additional 15,459 shares during the last quarter.

Kansas City Southern (KCS) is a transportation holding company with 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 controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-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 several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.