DST Systems, Inc. (DST) Stake Increased by OxFORD Asset Management LLP
OxFORD Asset Management LLP grew its holdings in shares of DST Systems, Inc. (NYSE:DST) by 92.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,924 shares of the technology company’s stock after acquiring an additional 7,180 shares during the period. OxFORD Asset Management LLP’s holdings in DST Systems were worth $921,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP grew its stake in shares of DST Systems by 103.8% during the second quarter. Dimensional Fund Advisors LP now owns 668,227 shares of the technology company’s stock valued at $41,227,000 after acquiring an additional 340,305 shares in the last quarter. Virtu KCG Holdings LLC acquired a new stake in shares of DST Systems during the second quarter valued at about $863,000. Teachers Retirement System of The State of Kentucky grew its stake in shares of DST Systems by 86.6% during the second quarter. Teachers Retirement System of The State of Kentucky now owns 13,960 shares of the technology company’s stock valued at $861,000 after acquiring an additional 6,480 shares in the last quarter. Hancock Holding Co. acquired a new stake in shares of DST Systems during the second quarter valued at about $1,778,000. Finally, Ramsey Quantitative Systems acquired a new stake in shares of DST Systems during the second quarter valued at about $308,000. Institutional investors own 84.99% of the company’s stock.
DST Systems, Inc. (NYSE DST) opened at 55.95 on Friday. DST Systems, Inc. has a 1-year low of $47.26 and a 1-year high of $62.94. The firm has a market capitalization of $3.39 billion, a P/E ratio of 5.64 and a beta of 1.31. The company has a 50-day moving average price of $53.48 and a 200-day moving average price of $57.77.
DST Systems (NYSE:DST) last released its earnings results on Thursday, July 27th. The technology company reported $0.76 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.78 by ($0.02). The firm had revenue of $656.20 million for the quarter, compared to analyst estimates of $541.90 million. DST Systems had a return on equity of 16.79% and a net margin of 35.46%. The firm’s revenue was up 68.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.42 EPS. On average, equities research analysts predict that DST Systems, Inc. will post $3.05 earnings per share for the current fiscal year.
DST has been the subject of several recent analyst reports. BidaskClub downgraded DST Systems from a “sell” rating to a “strong sell” rating in a research note on Friday, August 4th. DA Davidson initiated coverage on DST Systems in a research note on Wednesday, June 21st. They set a “buy” rating and a $72.00 target price for the company. Zacks Investment Research downgraded DST Systems from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Robert W. Baird restated a “buy” rating and set a $68.00 target price on shares of DST Systems in a research note on Thursday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $70.00.
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.
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