Capital Fund Management S.A. lessened its stake in shares of Kansas City Southern (NYSE:KSU) by 47.6% during the second quarter, HoldingsChannel.com reports. The fund owned 8,776 shares of the transportation company’s stock after selling 7,961 shares during the period. Capital Fund Management S.A.’s holdings in Kansas City Southern were worth $930,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. ING Groep NV increased its stake in shares of Kansas City Southern by 4.3% in the 2nd quarter. ING Groep NV now owns 10,987 shares of the transportation company’s stock valued at $1,164,000 after purchasing an additional 458 shares during the last quarter. Wedbush Securities Inc. increased its stake in shares of Kansas City Southern by 20.4% in the 2nd quarter. Wedbush Securities Inc. now owns 2,955 shares of the transportation company’s stock valued at $313,000 after purchasing an additional 500 shares during the last quarter. Bedell Frazier Investment Counseling LLC increased its stake in shares of Kansas City Southern by 0.7% in the 1st quarter. Bedell Frazier Investment Counseling LLC now owns 72,428 shares of the transportation company’s stock valued at $7,956,000 after purchasing an additional 515 shares during the last quarter. Avalon Advisors LLC increased its stake in shares of Kansas City Southern by 0.5% in the 1st quarter. Avalon Advisors LLC now owns 97,743 shares of the transportation company’s stock valued at $10,737,000 after purchasing an additional 521 shares during the last quarter. Finally, Stanley Laman Group Ltd. grew its position in Kansas City Southern by 1.0% during the 2nd quarter. Stanley Laman Group Ltd. now owns 54,092 shares of the transportation company’s stock worth $5,732,000 after acquiring an additional 548 shares during the last quarter. Hedge funds and other institutional investors own 87.63% of the company’s stock.

A number of equities research analysts recently weighed in on KSU shares. Morgan Stanley boosted their price objective on Kansas City Southern from $106.00 to $108.00 and gave the stock a “$111.08” rating in a research report on Monday, July 23rd. Credit Suisse Group boosted their price objective on Kansas City Southern from $125.00 to $126.00 and gave the stock a “$111.08” rating in a research report on Monday, July 23rd. Loop Capital boosted their price objective on Kansas City Southern to $132.00 and gave the stock a “buy” rating in a research report on Monday, July 23rd. Stifel Nicolaus restated a “buy” rating and set a $130.00 price objective on shares of Kansas City Southern in a research report on Saturday, June 2nd. Finally, Zacks Investment Research upgraded Kansas City Southern from a “sell” rating to a “hold” rating in a research report on Tuesday, July 3rd. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $122.43.

In other Kansas City Southern news, CFO Michael W. Upchurch sold 5,442 shares of Kansas City Southern stock in a transaction dated Thursday, July 26th. The stock was sold at an average price of $116.77, for a total transaction of $635,462.34. Following the transaction, the chief financial officer now directly owns 17,906 shares of the company’s stock, valued at approximately $2,090,883.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lu M. Cordova sold 1,000 shares of Kansas City Southern stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of $118.93, for a total value of $118,930.00. The disclosure for this sale can be found here. Insiders have sold a total of 7,171 shares of company stock worth $841,712 over the last ninety days. Company insiders own 0.70% of the company’s stock.

Shares of KSU opened at $117.24 on Friday. The stock has a market cap of $12.10 billion, a price-to-earnings ratio of 21.27, a P/E/G ratio of 1.50 and a beta of 0.83. Kansas City Southern has a 12 month low of $99.47 and a 12 month high of $120.34. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 1.20.

Kansas City Southern (NYSE:KSU) last announced its earnings results on Friday, July 20th. The transportation company reported $1.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.52 by $0.02. The firm had revenue of $682.40 million for the quarter, compared to the consensus estimate of $686.12 million. Kansas City Southern had a return on equity of 12.01% and a net margin of 36.91%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.33 EPS. equities research analysts forecast that Kansas City Southern will post 6.09 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 3rd. Shareholders of record on Monday, September 10th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.23%. The ex-dividend date is Friday, September 7th. Kansas City Southern’s payout ratio is presently 27.43%.

Kansas City Southern Company Profile

Kansas City Southern, through its subsidiaries, provides domestic and international rail transportation services in North America. It 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.

See Also: Should You Consider an Index Fund?

Want to see what other hedge funds are holding KSU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kansas City Southern (NYSE:KSU).

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

Receive News & Ratings for Kansas City Southern Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kansas City Southern and related companies with MarketBeat.com's FREE daily email newsletter.