3,800 Shares in DST Systems, Inc. (NYSE:DST) Acquired by State of Alaska Department of Revenue

State of Alaska Department of Revenue acquired a new position in shares of DST Systems, Inc. (NYSE:DST) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,800 shares of the technology company’s stock, valued at approximately $235,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. lifted its holdings in shares of DST Systems by 3.1% in the third quarter. Oppenheimer & Co. Inc. now owns 30,764 shares of the technology company’s stock valued at $1,688,000 after purchasing an additional 914 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of DST Systems by 35.8% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 4,803 shares of the technology company’s stock valued at $298,000 after purchasing an additional 1,267 shares in the last quarter. Smith Moore & CO. lifted its holdings in shares of DST Systems by 22.4% in the third quarter. Smith Moore & CO. now owns 7,299 shares of the technology company’s stock valued at $401,000 after purchasing an additional 1,335 shares in the last quarter. Forward Management LLC lifted its holdings in shares of DST Systems by 25.9% in the third quarter. Forward Management LLC now owns 7,364 shares of the technology company’s stock valued at $405,000 after purchasing an additional 1,517 shares in the last quarter. Finally, Denali Advisors LLC lifted its holdings in shares of DST Systems by 3.9% in the third quarter. Denali Advisors LLC now owns 42,200 shares of the technology company’s stock valued at $2,316,000 after purchasing an additional 1,600 shares in the last quarter. 86.41% of the stock is currently owned by hedge funds and other institutional investors.

In related news, VP Jonathan J. Boehm sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $64.50, for a total transaction of $1,290,000.00. Following the completion of the transaction, the vice president now owns 75,518 shares of the company’s stock, valued at $4,870,911. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have purchased 877 shares of company stock valued at $59,820 in the last ninety days. 1.82% of the stock is currently owned by company insiders.

DST Systems, Inc. (DST) traded up $0.04 during trading hours on Thursday, hitting $83.10. 1,222,686 shares of the stock were exchanged, compared to its average volume of 1,772,187. The company has a current ratio of 1.07, a quick ratio of 1.09 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $4,925.41, a price-to-earnings ratio of 11.54, a PEG ratio of 2.11 and a beta of 1.60. DST Systems, Inc. has a twelve month low of $50.22 and a twelve month high of $84.48.

DST Systems (NYSE:DST) last posted its quarterly earnings data on Monday, January 29th. The technology company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.27. DST Systems had a net margin of 20.35% and a return on equity of 16.90%. The business had revenue of $552.70 million during the quarter, compared to analyst estimates of $538.38 million. During the same quarter in the previous year, the business posted $0.83 earnings per share. The company’s revenue was up 47.9% on a year-over-year basis. equities analysts expect that DST Systems, Inc. will post 3.94 earnings per share for the current year.

Several brokerages have issued reports on DST. Robert W. Baird downgraded shares of DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 price target on the stock. in a report on Wednesday, January 17th. Evercore ISI reissued an “in-line” rating on shares of DST Systems in a research report on Friday, January 12th. DA Davidson lowered shares of DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 price objective for the company. in a research report on Friday, January 12th. Zacks Investment Research lowered shares of DST Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Finally, Morgan Stanley boosted their price objective on shares of DST Systems from $57.00 to $61.00 and gave the company an “equal weight” rating in a research report on Monday, October 23rd. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. DST Systems presently has an average rating of “Hold” and a consensus target price of $68.50.

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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.

Institutional Ownership by Quarter for DST Systems (NYSE:DST)

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