Dst Systems Inc (DST): Mike Abbaei , Executive Vice President of Dst Systems Inc sold 7,000 shares on Jun 15, 2016. The Insider selling transaction was reported by the company on Jun 16, 2016 to the Securities and Exchange Commission. The shares were sold at $117.27 per share for a total value of $820,910.31 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 22, 2016, Jonathan J Boehm (Exe VP & President of Subsidia) sold 2,000 shares at $120.00 per share price.On Mar 17, 2016, Stephen C Hooley (Chairman, CEO & President) sold 24,517 shares at $107.11 per share price.Also, On Mar 17, 2016, Gregg Wm Givens (Sr VP, CFO & Treasurer) sold 4,286 shares at $106.83 per share price.On Jul 24, 2015, Steven J Towle (President & CEO of Subsidiary) sold 2,635 shares at $109.56 per share price.
Shares of DST Systems (DST) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.13 points or -0.11% at $116.9 with 2,36,133 shares getting traded. Post opening the session at $117.22, the shares hit an intraday low of $116.7 and an intraday high of $117.92 and the price vacillated in this range throughout the day. The company has a market cap of $3,879 M and the number of outstanding shares has been calculated to be 3,31,84,569 shares. The 52-week high of DST Systems is $134.65 and the 52-week low is $95.54.
Company has been under the radar of several Street Analysts.DST Systems is Initiated by Morgan Stanley to Equal-Weight and the brokerage firm has set the Price Target at $128. The Rating was issued on May 25, 2016.
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.