DST Systems (DST) Given Consensus Rating of “Hold” by Analysts

DST Systems (NYSE:DST) has received an average rating of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $68.33.

Several research firms have issued reports on DST. DA Davidson cut shares of DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 target price on the stock. in a research note on Friday, January 12th. Evercore ISI reissued an “in-line” rating on shares of DST Systems in a report on Friday, January 12th. Robert W. Baird lowered 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. Finally, Zacks Investment Research lowered shares of DST Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, April 2nd.

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NYSE DST traded up $0.32 on Monday, hitting $83.99. The stock had a trading volume of 1,930,200 shares, compared to its average volume of 1,200,111. DST Systems has a 52-week low of $50.22 and a 52-week 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 stock has a market capitalization of $4,981.74, a PE ratio of 25.00, a P/E/G ratio of 2.04 and a beta of 1.51.

DST Systems (NYSE:DST) last posted its earnings results on Monday, January 29th. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate 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 in the prior year, the company posted $0.83 EPS. The business’s revenue for the quarter was up 47.9% compared to the same quarter last year. research analysts anticipate that DST Systems will post 4.13 EPS for the current year.

In related news, insider Vercie L. Lark sold 45,400 shares of the stock in a transaction on Monday, March 12th. The shares were sold at an average price of $83.57, for a total transaction of $3,794,078.00. Following the transaction, the insider now owns 77,702 shares of the company’s stock, valued at approximately $6,493,556.14. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Vercie L. Lark sold 5,400 shares of the stock in a transaction on Friday, March 9th. The shares were sold at an average price of $83.64, for a total transaction of $451,656.00. Following the transaction, the insider now directly owns 77,702 shares in the company, valued at approximately $6,498,995.28. The disclosure for this sale can be found here. 1.82% of the stock is owned by corporate insiders.

Several hedge funds have recently added to or reduced their stakes in DST. Captrust Financial Advisors bought a new position in shares of DST Systems during the 4th quarter valued at $100,000. Penserra Capital Management LLC grew its holdings in shares of DST Systems by 59.0% during the 4th quarter. Penserra Capital Management LLC now owns 2,705 shares of the technology company’s stock valued at $167,000 after purchasing an additional 1,004 shares during the last quarter. BlueCrest Capital Management Ltd bought a new position in shares of DST Systems during the 4th quarter valued at $205,000. SeaCrest Wealth Management LLC purchased a new stake in DST Systems during the 4th quarter valued at $207,000. Finally, Wade G W & Inc. purchased a new stake in DST Systems during the 4th quarter valued at $209,000. 85.68% of the stock is currently owned by institutional investors.

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DST Systems Company Profile

DST Systems, Inc provides technology-based information processing and servicing solutions in the United States, the United Kingdom, Canada, Australia, and internationally. It operates through Domestic Financial Services, International Financial Services, and Healthcare Services segments. The Domestic Financial Services segment provides investor, investment, advisor/intermediary, and asset distribution services to companies in the financial services industry to support direct and intermediary sales of mutual funds, alternative investments, securities brokerage accounts, and retirement plans.

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