Thrivent Financial For Lutherans cut its stake in shares of DST Systems, Inc. (NYSE:DST) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 530,741 shares of the technology company’s stock after selling 27,434 shares during the period. Thrivent Financial For Lutherans owned 0.90% of DST Systems worth $32,943,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Penserra Capital Management LLC increased its position in shares of DST Systems by 59.0% in the fourth quarter. Penserra Capital Management LLC now owns 2,705 shares of the technology company’s stock worth $167,000 after purchasing an additional 1,004 shares during the last quarter. SeaCrest Wealth Management LLC bought a new position in shares of DST Systems in the fourth quarter worth approximately $207,000. Wade G W & Inc. bought a new position in shares of DST Systems in the fourth quarter worth approximately $209,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of DST Systems by 35.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,463 shares of the technology company’s stock worth $215,000 after purchasing an additional 909 shares during the last quarter. Finally, Barings LLC bought a new position in shares of DST Systems in the fourth quarter worth approximately $222,000. Hedge funds and other institutional investors own 85.62% of the company’s stock.
DST has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of DST Systems from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a research report on Wednesday, December 20th. DA Davidson cut shares of DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 price objective on the stock. in a research report on Friday, January 12th. Evercore ISI restated an “in-line” rating on shares of DST Systems in a research report on Friday, January 12th. Finally, Robert W. Baird cut shares of DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 price objective on the stock. in a research report on Wednesday, January 17th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $68.50.
Shares of DST Systems, Inc. (DST) traded up $0.05 during midday trading on Friday, reaching $83.41. 1,208,361 shares of the company’s stock were exchanged, compared to its average volume of 1,390,474. DST Systems, Inc. has a twelve month low of $50.22 and a twelve month high of $84.48. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market capitalization of $4,940.82, a PE ratio of 11.59, a P/E/G ratio of 2.02 and a beta of 1.54.
DST Systems (NYSE:DST) last issued its quarterly earnings results on Monday, January 29th. The technology company reported $1.11 EPS 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 for the quarter, compared to analysts’ expectations of $538.38 million. During the same period last year, the business earned $0.83 earnings per share. The business’s quarterly revenue was up 47.9% on a year-over-year basis. sell-side analysts forecast that DST Systems, Inc. will post 4.13 earnings per share for the current year.
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DST Systems Company 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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