Shares of DST Systems Inc. (NYSE:DST) have received an average broker rating score of 1.50 (Buy) from the four analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and three have issued a strong buy rating on the company.
Brokers have set a twelve-month consensus price target of $137.25 for the company and are anticipating that the company will post $1.48 earnings per share for the current quarter, according to Zacks. Zacks has also given DST Systems an industry rank of 105 out of 265 based on the ratings given to its competitors.
Several analysts have commented on the stock. Morgan Stanley restated a “hold” rating on shares of DST Systems in a report on Wednesday, June 15th. Zacks Investment Research downgraded shares of DST Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, June 17th. Finally, Robert W. Baird restated an “outperform” rating and set a $132.00 target price on shares of DST Systems in a report on Monday, June 27th.
In other news, insider Vercie L. Lark sold 15,210 shares of DST Systems stock in a transaction that occurred on Wednesday, August 24th. The shares were sold at an average price of $120.34, for a total value of $1,830,371.40. Following the sale, the insider now directly owns 29,600 shares in the company, valued at $3,562,064. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Gregg Wm Givens sold 10,000 shares of DST Systems stock in a transaction that occurred on Thursday, September 1st. The shares were sold at an average price of $121.52, for a total transaction of $1,215,200.00. Following the completion of the sale, the chief financial officer now owns 63,385 shares in the company, valued at $7,702,545.20. The disclosure for this sale can be found here. 1.83% of the stock is currently owned by insiders.
Hedge funds have recently bought and sold shares of the stock. Norges Bank acquired a new stake in DST Systems during the fourth quarter worth about $46,778,000. Aperio Group LLC increased its stake in DST Systems by 18.6% in the first quarter. Aperio Group LLC now owns 9,181 shares of the company’s stock worth $1,035,000 after buying an additional 1,442 shares during the period. Virginia Retirement System acquired a new stake in DST Systems during the first quarter worth about $1,590,000. Pacad Investment Ltd. acquired a new stake in DST Systems during the first quarter worth about $407,000. Finally, Los Angeles Capital Management & Equity Research Inc. increased its stake in DST Systems by 1.2% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 110,993 shares of the company’s stock worth $12,517,000 after buying an additional 1,305 shares during the period. Institutional investors own 86.46% of the company’s stock.
DST Systems (NYSE:DST) traded down 0.27% on Tuesday, reaching $117.89. 15,424 shares of the company’s stock were exchanged. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of 16.14 and a beta of 1.24. DST Systems has a 12 month low of $97.32 and a 12 month high of $128.66. The firm has a 50-day moving average of $120.72 and a 200-day moving average of $118.15.
DST Systems (NYSE:DST) last announced its earnings results on Thursday, July 21st. The company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.50 by $0.08. The firm had revenue of $526.20 million for the quarter, compared to the consensus estimate of $545.57 million. DST Systems had a net margin of 9.90% and a return on equity of 21.20%. The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the company posted $1.39 EPS. On average, equities analysts expect that DST Systems will post $5.67 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Friday, August 26th were issued a $0.33 dividend. The ex-dividend date was Wednesday, August 24th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.12%. DST Systems’s dividend payout ratio (DPR) is presently 18.08%.
About DST Systems
DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through unified data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.
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