Kansas City Southern (NYSE:KSU) Share Price May Be About to Change Direction; Credit Suisse Group Upgrades The Company.

June 19, 2017 - By Winifred Garcia

  Kansas City Southern (NYSE:KSU) Share Price May Be About to Change Direction; Credit Suisse Group Upgrades The Company.

Investors sentiment decreased to 1.03 in 2016 Q4. Its down 0.01, from 1.04 in 2016Q3. It is negative, as 62 investors sold Kansas City Southern shares while 153 reduced holdings. 70 funds opened positions while 152 raised stakes. 90.21 million shares or 1.70% less from 91.77 million shares in 2016Q3 were reported.

Granite Invest Prtnrs Ltd accumulated 0.06% or 10,135 shares. Pinnacle Associate Ltd holds 0.94% of its portfolio in Kansas City Southern (NYSE:KSU) for 551,356 shares. Calvert Inv Mgmt accumulated 8,549 shares. 223,741 were reported by Cullen Frost Bankers. Capstone Invest Advsr Ltd Llc, New York-based fund reported 5,700 shares. Plante Moran Advisors holds 0.01% or 124 shares in its portfolio. Raymond James has 223,761 shares. Kanaly Trust has 3,158 shares for 0.06% of their portfolio. Ent Financial Services Corporation invested 0.01% of its portfolio in Kansas City Southern (NYSE:KSU). Scharf Invests accumulated 659,152 shares. The Delaware-based Blackrock has invested 0.15% in Kansas City Southern (NYSE:KSU). Sva Plumb Wealth Mngmt Limited Co invested 0.12% of its portfolio in Kansas City Southern (NYSE:KSU). Fisher Asset Management Ltd Liability has 703,859 shares. 38,000 were reported by Luminus Mngmt Limited Liability. Loring Wolcott And Coolidge Fiduciary Advsr Llp Ma reported 0.01% in Kansas City Southern (NYSE:KSU).

Since January 31, 2017, it had 0 buys, and 2 sales for $409,392 activity. $85,412 worth of stock was sold by Zozaya Delano Jose Guillermo on Tuesday, January 31. Another trade for 3,500 shares valued at $323,980 was sold by DRUTEN ROBERT J.

Kansas City Southern (NYSE:KSU) Stock Upgrade

In a research note sent to clients and investors on 16 June, Credit Suisse Group increased shares of Kansas City Southern (NYSE:KSU) to a solid Outperform rating from their previous Neutral rating.

Investors sentiment decreased to 1.03 in 2016 Q4. Its down 0.01, from 1.04 in 2016Q3. It is negative, as 62 investors sold Kansas City Southern shares while 153 reduced holdings. 70 funds opened positions while 152 raised stakes. 90.21 million shares or 1.70% less from 91.77 million shares in 2016Q3 were reported.

Granite Invest Prtnrs Ltd accumulated 0.06% or 10,135 shares. Pinnacle Associate Ltd holds 0.94% of its portfolio in Kansas City Southern (NYSE:KSU) for 551,356 shares. Calvert Inv Mgmt accumulated 8,549 shares. 223,741 were reported by Cullen Frost Bankers. Capstone Invest Advsr Ltd Llc, New York-based fund reported 5,700 shares. Plante Moran Advisors holds 0.01% or 124 shares in its portfolio. Raymond James has 223,761 shares. Kanaly Trust has 3,158 shares for 0.06% of their portfolio. Ent Financial Services Corporation invested 0.01% of its portfolio in Kansas City Southern (NYSE:KSU). Scharf Invests accumulated 659,152 shares. The Delaware-based Blackrock has invested 0.15% in Kansas City Southern (NYSE:KSU). Sva Plumb Wealth Mngmt Limited Co invested 0.12% of its portfolio in Kansas City Southern (NYSE:KSU). Fisher Asset Management Ltd Liability has 703,859 shares. 38,000 were reported by Luminus Mngmt Limited Liability. Loring Wolcott And Coolidge Fiduciary Advsr Llp Ma reported 0.01% in Kansas City Southern (NYSE:KSU).

Since January 31, 2017, it had 0 buys, and 2 sales for $409,392 activity. $85,412 worth of stock was sold by Zozaya Delano Jose Guillermo on Tuesday, January 31. Another trade for 3,500 shares valued at $323,980 was sold by DRUTEN ROBERT J.

Kansas City Southern (NYSE:KSU) Ratings Coverage

Among 21 analysts covering Kansas City Southern (NYSE:KSU), 12 have Buy rating, 2 Sell and 7 Hold. Therefore 57% are positive. Kansas City Southern has $114 highest and $3 lowest target. $93.33’s average target is -9.65% below currents $103.3 stock price. Kansas City Southern had 51 analyst reports since August 20, 2015 according to SRatingsIntel. On Monday, January 25 the stock rating was maintained by UBS with “Buy”. The rating was initiated by Topeka Capital Markets with “Buy” on Tuesday, November 3. Bank of America upgraded the stock to “Buy” rating in Wednesday, April 20 report. The rating was maintained by Macquarie Research on Monday, October 19 with “Outperform”. The company was maintained on Thursday, May 25 by Stifel Nicolaus. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, July 20. The rating was downgraded by Morgan Stanley on Tuesday, February 23 to “Equal-Weight”. The stock has “Neutral” rating by Bank of America on Friday, September 11. Citigroup maintained Kansas City Southern (NYSE:KSU) rating on Tuesday, September 13. Citigroup has “Buy” rating and $110 target. As per Thursday, October 22, the company rating was downgraded by Macquarie Research.

About 3,447 shares traded. Kansas City Southern (NYSE:KSU) has declined 0.27% since June 19, 2016 and is downtrending. It has underperformed by 16.97% the S&P500.

Investors wait Kansas City Southern (NYSE:KSU) to report on July, 18. its quarterly earnings Wall Street analysts expect $1.24 earnings per share, up $0.02 or 1.64 % from last year’s $1.22 same quarter earnings. This translates into $134.80 million profit for KSU giving the stock a 20.83 P/E. This is assuming the current $1.24 EPS is accurate. Kansas City Southern’s Wall Street analysts see 5.98 % EPS growth, taking into account the $1.17 EPS reproted in the previous quarter,

Kansas City Southern is a holding company. The company has market cap of $11.23 billion. The Firm has domestic and international rail activities in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. It has a 21.55 P/E ratio. The Company’s subsidiaries include The Kansas City Southern Railway Company (KCSR) and Kansas City Southern de Mexico, S.A. de C.V. (KCSM).

More notable recent Kansas City Southern (NYSE:KSU) news were published by: Benzinga.com which released: “Credit Suisse Upgrades Kansas City Southern, Sees Material Earnings Upside” on June 16, 2017, also Benzinga.com with their article: “Kansas City Southern, Snap, United Therapeutics: Fast Money Picks For June 9” published on June 09, 2017, Reuters.com published: “BRIEF-Kansas City Southern adds four directors to board” on May 30, 2017. More interesting news about Kansas City Southern (NYSE:KSU) were released by: Gurufocus.com and their article: “Bedell Investment Counselling Buys Kansas City Southern, iShares Russell 2000 …” published on May 30, 2017 as well as Prnewswire.com‘s news article titled: “How These Railroads Stocks are Faring? — CSX Corp., Kansas City Southern …” with publication date: May 26, 2017.

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