The stock last traded at $58.62 a bit higher than $55.28, the stock’s 50 day moving average and which is a tad above the 200 day moving average of $57.46. The 50 day moving average went up by +6.04% whereas the 200 day average was up by +2.01%. (NYSE:DST) shares saw light trading volume with 351K shares changing hands in the last trading session. Volume was down 10.67% under the stocks average daily volume.
Traders are feeling more bullish on shares of the company lately if you take into consideration the decrease in short interest. The company realized a fall in short interest of -8.95% as of the latest report on October 13, 2017. Short shares fell 92,913 over that period. Days to cover increased 1.0 to 3.0 and the percentage of shorted shares is 0.02% as of October 13.
These firms have modified their investment in DST. As of the end of the quarter Regentatlantic Capital LLC had sold a total of 170 shares trimming its holdings by 3.6%. The value in dollars went from $294,000 to $252,000 a change of $42,000 for the reporting period. Northwest Investment Counselors, LLC grew its position by buying 380 shares an increase of 3.4% in the quarter. Northwest Investment Counselors, LLC controls 11,486 shares worth $630,000. The total value of its holdings decreased 8.0%.
As of quarter end Aperio Group, LLC had acquired 9,059 shares growing its position 56.3%. The value of the company’s investment in DST Systems, Inc. increased from $993,000 to $1,380,000 increasing 39.0% quarter to quarter. As of the end of the quarter Parametrica Management Ltd had sold a total of 511 shares trimming its stake by 9.6%. The value of the investment in (DST) decreased from $329,000 to $265,000 a change of 19.5% quarter over quarter.
The company is now up since yesterday’s close of $58.62. Additionally DST Systems, Inc. announced a dividend for shareholders that was paid on Friday the 8th of September 2017. The dividend payment was $0.180 per share for the quarter which comes to $0.72 on an annualized basis. The dividend yield was $1.24. The ex-dividend date was Wednesday the 23rd of August 2017.
The company currently has a P/E ratio of 5.91 and the market cap is 3.55B. In the latest earnings report the EPS was $9.92 and is estimated to be $3.09 for the current year with 60,508,000 shares currently outstanding. Next quarter’s EPS is expected be $0.79 and the next full year EPS is projected to be $3.60.
DST Systems, Inc. (DST), launched on February 23, 1983, is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets. The Company operates through two segments: Financial Services and Healthcare Services. Its investments in equity securities, private equity investments, real estate and certain financial interests are aggregated into an Investments and Other segment..