Trexquant Investment LP Cuts Position in Kansas City Southern Railway (KSU)

Trexquant Investment LP trimmed its holdings in shares of Kansas City Southern Railway (NYSE:KSU) by 49.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,042 shares of the transportation company’s stock after selling 5,932 shares during the quarter. Trexquant Investment LP’s holdings in Kansas City Southern Railway were worth $664,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Bank of Montreal Can lifted its stake in shares of Kansas City Southern Railway by 7.7% during the fourth quarter. Bank of Montreal Can now owns 37,746 shares of the transportation company’s stock worth $3,972,000 after buying an additional 2,714 shares during the period. National Pension Service raised its holdings in shares of Kansas City Southern Railway by 16,015.8% during the fourth quarter. National Pension Service now owns 130,216 shares of the transportation company’s stock worth $13,701,000 after purchasing an additional 129,408 shares during the last quarter. Creative Planning raised its holdings in shares of Kansas City Southern Railway by 9.0% during the fourth quarter. Creative Planning now owns 6,273 shares of the transportation company’s stock worth $660,000 after purchasing an additional 518 shares during the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Kansas City Southern Railway by 2.5% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 374,688 shares of the transportation company’s stock worth $39,425,000 after purchasing an additional 9,131 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in shares of Kansas City Southern Railway by 51.5% during the fourth quarter. State of Alaska Department of Revenue now owns 18,522 shares of the transportation company’s stock worth $1,947,000 after purchasing an additional 6,300 shares during the last quarter. 90.18% of the stock is currently owned by institutional investors.

Several research analysts recently issued reports on the stock. Morgan Stanley raised their target price on shares of Kansas City Southern Railway from $104.00 to $107.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 25th. Cowen reissued a “hold” rating and set a $116.00 target price on shares of Kansas City Southern Railway in a report on Monday, April 23rd. Credit Suisse Group reissued an “outperform” rating and set a $121.00 target price (down previously from $126.00) on shares of Kansas City Southern Railway in a report on Thursday, March 8th. BMO Capital Markets raised shares of Kansas City Southern Railway from a “market perform” rating to an “outperform” rating and set a $120.00 target price for the company in a report on Monday, April 23rd. Finally, Zacks Investment Research raised shares of Kansas City Southern Railway from a “hold” rating to a “buy” rating and set a $117.00 target price for the company in a report on Tuesday, March 6th. Six investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $117.79.

In other news, VP Suzanne M. Grafton sold 300 shares of the business’s stock in a transaction dated Friday, May 4th. The shares were sold at an average price of $107.97, for a total transaction of $32,391.00. Following the completion of the sale, the vice president now owns 10,955 shares of the company’s stock, valued at $1,182,811.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Michael W. Upchurch sold 2,074 shares of the business’s stock in a transaction dated Thursday, May 10th. The stock was sold at an average price of $110.15, for a total transaction of $228,451.10. Following the sale, the chief financial officer now directly owns 15,590 shares of the company’s stock, valued at approximately $1,717,238.50. The disclosure for this sale can be found here. 0.70% of the stock is owned by insiders.

KSU stock opened at $108.84 on Friday. The stock has a market cap of $11.18 billion, a PE ratio of 20.73, a P/E/G ratio of 1.35 and a beta of 0.79. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.69 and a quick ratio of 0.49. Kansas City Southern Railway has a 52 week low of $107.89 and a 52 week high of $109.16.

Kansas City Southern Railway (NYSE:KSU) last released its earnings results on Friday, April 20th. The transportation company reported $1.30 EPS for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.05). The company had revenue of $638.60 million for the quarter, compared to analysts’ expectations of $639.39 million. Kansas City Southern Railway had a return on equity of 11.98% and a net margin of 36.75%. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.17 EPS. equities analysts anticipate that Kansas City Southern Railway will post 6.19 EPS for the current fiscal year.

Kansas City Southern Railway 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.

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

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