Edmond De Rothschild (europe) adds Kansas City Southern (KSU) to its portfolio

Kansas City Southern (KSU) : Edmond De Rothschild (europe) added new position in Kansas City Southern during the most recent quarter end. The investment management firm now holds 35,141 shares of Kansas City Southern which is valued at $2,990,499 , the company said in a statement filed on Nov 14, 2016 with the SEC.Kansas City Southern makes up approximately 1.42% of Edmond De Rothschild (europe)’s portfolio.

Other Hedge Funds, Including , Glg added KSU to its portfolio by purchasing 25,000 company shares during the most recent quarter which is valued at $2,127,500. Kansas City Southern makes up approx 0.18% of Glg’s portfolio.Bridgewater Associates Lp boosted its stake in KSU in the latest quarter, The investment management firm added 52,650 additional shares and now holds a total of 74,498 shares of Kansas City Southern which is valued at $6,144,595. Kansas City Southern makes up approx 0.06% of Bridgewater Associates Lp’s portfolio.Investment Counselors Of Maryland reduced its stake in KSU by selling 300 shares or 1.49% in the most recent quarter. The Hedge Fund company now holds 19,768 shares of KSU which is valued at $1,729,305. Kansas City Southern makes up approx 0.11% of Investment Counselors Of Maryland’s portfolio. Capital Fund Management S.a. sold out all of its stake in KSU during the most recent quarter. The investment firm sold 39,613 shares of KSU which is valued $3,410,283.Texas Permanent School Fund reduced its stake in KSU by selling 1,781 shares or 5.08% in the most recent quarter. The Hedge Fund company now holds 33,255 shares of KSU which is valued at $2,951,714. Kansas City Southern makes up approx 0.04% of Texas Permanent School Fund’s portfolio.

Kansas City Southern opened for trading at $85.91 and hit $87.66 on the upside on Monday, eventually ending the session at $87.57, with a gain of 1.83% or 1.57 points. The heightened volatility saw the trading volume jump to 14,94,401 shares. Company has a market cap of $9,421 M.

On the company’s financial health, Kansas City Southern reported $1.12 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Oct 18, 2016. Analyst had a consensus of $1.18. The company had revenue of $605.00 million for the quarter, compared to analysts expectations of $602.29 million. The company’s revenue was down -4.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.21 EPS.

Investors should note that on Nov 11, 2016, Kansas City Southern announced a cash dividend of $0.3300. The company’s management has announced Dec 28, 2016 as the ex-dividend date and fixed the record date on Dec 30, 2016. The payable date has been fixed on Jan 18, 2017.

Many Wall Street Analysts have commented on Kansas City Southern. Kansas City Southern was Downgraded by BofA/Merrill to ” Neutral” on Nov 9, 2016. Seaport Global Securities Initiated Kansas City Southern on Oct 19, 2016 to “Accumulate”, Price Target of the shares are set at $104.Shares were Reiterated by UBS on Oct 19, 2016 to “Buy” and Lowered the Price Target to $ 103 from a previous price target of $108 .

Kansas City Southern (KCS) is a transportation holding company with domestic and international rail operations 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. The Company’s rail network includes The Kansas City Southern Railway Company (KCSR) which 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 several key ports along the Gulf of Mexico in Alabama Louisiana Mississippi and Texas; Kansas City Southern de Mexico S.A. de C.V. (KCSM) which serves Mexico’s principal industrial cities and three of its major seaports and Mexrail Inc. (Mexrail) which owns The Texas Mexican Railway Company (Tex-Mex) which connects the operations of KCSR with KCSM.

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