Mitsubishi Ufj Securities Holdings Ltd. adds Kansas City Southern (KSU) to its portfolio

Kansas City Southern (KSU) : Mitsubishi Ufj Securities Holdings Ltd. added new position in Kansas City Southern during the most recent quarter end. The investment management firm now holds 1,830 shares of Kansas City Southern which is valued at $177,473 , the company said in a statement filed on Aug 15, 2016 with the SEC.Kansas City Southern makes up approximately 0.56% of Mitsubishi Ufj Securities Holdings Ltd.’s portfolio.

Other Hedge Funds, Including , Elberon sold out all of its stake in KSU during the most recent quarter. The investment firm sold 75,000 shares of KSU which is valued $7,273,500.State Of Wisconsin Investment Board reduced its stake in KSU by selling 6,840 shares or 3.3% in the most recent quarter. The Hedge Fund company now holds 200,588 shares of KSU which is valued at $19,453,024. Kansas City Southern makes up approx 0.08% of State Of Wisconsin Investment Board’s portfolio.Advisors Asset Management reduced its stake in KSU by selling 851 shares or 23.5% in the most recent quarter. The Hedge Fund company now holds 2,771 shares of KSU which is valued at $269,507.Proficio Capital Partners boosted its stake in KSU in the latest quarter, The investment management firm added 50 additional shares and now holds a total of 85 shares of Kansas City Southern which is valued at $8,169. Kansas City Southern makes up approx 0.01% of Proficio Capital Partners’s portfolio.Pacific Heights Asset Management reduced its stake in KSU by selling 1,000 shares or 0.91% in the most recent quarter. The Hedge Fund company now holds 109,000 shares of KSU which is valued at $10,397,510. Kansas City Southern makes up approx 0.92% of Pacific Heights Asset Management’s portfolio.

Kansas City Southern closed down -0.21 points or -0.22% at $96.51 with 9,49,158 shares getting traded on Thursday. Post opening the session at $97.05, the shares hit an intraday low of $95.75 and an intraday high of $97.48 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Kansas City Southern reported $1.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $1.03. The company had revenue of $568.50 million for the quarter, compared to analysts expectations of $571.60 million. The company’s revenue was down -2.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.03 EPS.

Many Wall Street Analysts have commented on Kansas City Southern. Company shares were Reiterated by UBS on Jul 20, 2016 to “Buy”, Firm has raised the Price Target to $ 111 from a previous price target of $108 .Company shares were Reiterated by RBC Capital Mkts on Jul 20, 2016 to “Outperform”, Firm has raised the Price Target to $ 114 from a previous price target of $109 .Kansas City Southern was Initiated by Credit Agricole to “Underperform” on May 19, 2016.

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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