Denali Advisors buys $9,775,227 stake in DST Systems (DST)

DST Systems (DST) : Denali Advisors scooped up 300 additional shares in DST Systems during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 11, 2016. The investment management firm now holds a total of 84,700 shares of DST Systems which is valued at $9,775,227.DST Systems makes up approximately 2.18% of Denali Advisors’s portfolio.

DST Systems opened for trading at $113.82 and hit $115.8 on the upside on Friday, eventually ending the session at $115.41, with a gain of 1.03% or 1.18 points. The heightened volatility saw the trading volume jump to 2,39,506 shares. Company has a market cap of $3,888 M.

Other Hedge Funds, Including , Capstone Asset Management Co boosted its stake in DST in the latest quarter, The investment management firm added 140 additional shares and now holds a total of 3,392 shares of DST Systems which is valued at $391,471. DST Systems makes up approx 0.01% of Capstone Asset Management Co’s portfolio.Creative Planning reduced its stake in DST by selling 4,976 shares or 30.13% in the most recent quarter. The Hedge Fund company now holds 11,539 shares of DST which is valued at $1,281,291. DST Systems makes up approx 0.01% of Creative Planning’s portfolio.Eagle Asset Management Inc boosted its stake in DST in the latest quarter, The investment management firm added 16,386 additional shares and now holds a total of 200,944 shares of DST Systems which is valued at $22,312,822. DST Systems makes up approx 0.16% of Eagle Asset Management Inc’s portfolio. Proficio Capital Partners added DST to its portfolio by purchasing 15 company shares during the most recent quarter which is valued at $1,666.Weaver C. Barksdale Associates boosted its stake in DST in the latest quarter, The investment management firm added 25 additional shares and now holds a total of 126 shares of DST Systems which is valued at $13,991. DST Systems makes up approx 0.01% of Weaver C. Barksdale Associates’s portfolio.

On the company’s financial health, DST Systems reported $1.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $1.62. The company had revenue of $514.30 million for the quarter, compared to analysts expectations of $568.82 million. The company’s revenue was down -.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.73 EPS.

Many Wall Street Analysts have commented on DST Systems. Robert W. Baird Upgraded DST Systems on Jan 29, 2016 to ” Outperform”, Price Target of the shares are set at $120.

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. The Company manages its business through three operating segments: Financial Services which provides investor and asset distribution services to companies within the financial services industry; Healthcare Services which provide healthcare organizations a variety of medical and pharmacy benefit solutions and Customer Communications which offers a range of integrated print mail and electronic solutions. Its investments in equity securities private equity investments real estate and certain financial interests are aggregated into an Investments and Other segment.

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