Kansas City Southern (KSU): Robert J Druten , director of Kansas City Southern sold 3,240 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were sold at $89.94 per share for a total value of $291,416.94 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 19, 2016, Warren K Erdman (Executive Vice President) sold 3,000 shares at $82.00 per share price.On Dec 10, 2015, Patrick J Ottensmeyer (President) purchased 2,500 shares at $76.22 per share price.Also, On Jun 11, 2015, Michael J. Naatz (Sr. VP & CIO) sold 3,380 shares at $93.06 per share price.On Mar 3, 2015, William J Wochner (Sr VP & Chief Legal Officer) sold 20,000 shares at $116.50 per share price.
Shares of Kansas City Southern (KSU) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -2.28 points or -2.47% at $90.18 with 17,99,320 shares getting traded. Post opening the session at $91.72, the shares hit an intraday low of $89.05 and an intraday high of $92.3 and the price vacillated in this range throughout the day. The company has a market cap of $9,738 M and the number of outstanding shares has been calculated to be 10,79,87,657 shares. The 52-week high of Kansas City Southern is $101.24 and the 52-week low is $62.2.
Company has been under the radar of several Street Analysts.Kansas City Southern is Initiated by Credit Agricole to Underperform. The Rating was issued on May 19, 2016.Kansas City Southern is Upgraded by BofA/Merrill to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 20, 2016.Kansas City Southern is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 108 from a previous price target of $98 .The Rating was issued on Apr 20, 2016.Kansas City Southern is Reiterated by Cowen to Market Perform and the brokerage firm has raised the Price Target to $ 99 from a previous price target of $88 .The Rating was issued on Apr 19, 2016.Kansas City Southern is Reiterated by Topeka Capital Markets to Buy and the brokerage firm has raised the Price Target to $ 98 from a previous price target of $97 .The Rating was issued on Apr 15, 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.