Kansas City Southern (KSU): David L Starling , Senior Advisor to the CEO of Kansas City Southern sold 5,100 shares on Jul 20, 2016. The Insider selling transaction was reported by the company on Jul 21, 2016 to the Securities and Exchange Commission. The shares were sold at $98.89 per share for a total value of $504,311.97 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 10, 2016, Robert J Druten (director) sold 3,240 shares at $89.94 per share price.On Feb 19, 2016, Warren K Erdman (Executive Vice President) sold 3,000 shares at $82.00 per share price.Also, On Dec 10, 2015, Patrick J Ottensmeyer (President) purchased 2,500 shares at $76.22 per share price.On Jun 11, 2015, Michael J. Naatz (Sr. VP & CIO) sold 3,380 shares at $93.06 per share price.
Kansas City Southern: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in Kansas City Southern which led to swings in the share price. The shares opened for trading at $97.76 and hit $99.2 on the upside , eventually ending the session at $98.23, with a gain of 0.83% or 0.81 points. The heightened volatility saw the trading volume jump to 22,88,676 shares. The 52-week high of the share price is $101.24 and the company has a market cap of $10,608 M . The 52-week low of the share price is at $62.2.
Company has been under the radar of several Street Analysts.Kansas City Southern is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 111 from a previous price target of $108 .The Rating was issued on Jul 20, 2016.Kansas City Southern is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 114 from a previous price target of $109 .The Rating was issued on Jul 20, 2016.Kansas City Southern is Initiated by Credit Agricole to Underperform. The Rating was issued 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.