DST Systems, Inc. (NYSE:DST).
Fisher Asset Management, LLC reports that it raised its ownership in DST Systems, Inc. shares by 660,441 shares in the quarter ending 06/30/2017. Its investment was valued at $83,160,000 a decrease of $1,044,000 according to the filing.
These firms have also modified their investment in DST. Clinton Group Inc downsized its ownership by shedding 8,140 shares a decrease of 32.4%. Clinton Group Inc now controls 16,954 shares valued at $2,076,000. The total value of its holdings decreased 22.8%. As of quarter end Creative Planning had acquired 10,167 shares growing its stake by 77.4%. The value of the company’s investment in DST Systems, Inc. decreased from $1,609,000 to $1,438,000 a change of $171,000 quarter over quarter.
As of the end of the quarter Northwest Investment Counselors, LLC had bought a total of 5,553 shares growing its holdings by 100.0%. The value of the investment in DST Systems, Inc. went from $680,000 to $685,000 a change of 0.7% quarter to quarter.
On June 21 analysts at DA Davidson began coverage by announcing an initial rating of “Buy”. On January 29 the stock rating was upgraded from “Neutral” to “Outperform” in a statement from Baird.
Baird raised the price target and downgraded the stock on July 20 changing the price target from $130.00 to $138.00 and setting the rating at “Neutral” which had previously been “Outperform”. On July 20 the company was downgraded to “Neutral” from “Outperform” with a current price target of $138.00 by Baird.
Equity analyst Credit Suisse downgraded the stock and raised the price target on April 27 changing the price objective from $106.00 to $126.00 and changing the rating from “Outperform” to “Neutral”. On April 27 the company was downgraded from “Outperform” to “Neutral” and a price target of $126.00 was set in a report issued by Credit Suisse.
The company is so far trading up by 1.81% since yesterday’s close of $60.64. DST Systems, Inc. also recently declared a dividend paid on Friday June 9th, 2017. The dividend was $0.180 per share for the quarter which is $0.72 annualized. This dividend represents a yeild of $1.19 which is the dividend as a percentage of the current share price. The ex-dividend date was Wednesday the 24th of May 2017.
The stock is trading at $61.74 barely above $60.67, the 50 day moving average and marginally over the 200 day moving average of $58.90. The 50 day moving average moved up $1.07 whereas the 200 day average was up by +4.81%.
The P/E ratio is currently 6.56 and market capitalization is 3.81B. As of the last earnings report the EPS was $9.40 and is estimated to be $3.29 for the current year with 61,763,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.84 and the next full year EPS is anticipated to be $3.76.