DST Systems, Inc. (NYSE:DST) Director Lowell L. Bryan bought 319 shares of DST Systems stock in a transaction dated Friday, December 1st. The stock was acquired at an average price of $62.54 per share, with a total value of $19,950.26. Following the acquisition, the director now directly owns 48,596 shares of the company’s stock, valued at $3,039,193.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of DST Systems, Inc. (NYSE DST) opened at $61.17 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.42. DST Systems, Inc. has a 1-year low of $50.22 and a 1-year high of $62.98. The stock has a market capitalization of $3,739.07, a price-to-earnings ratio of 20.19, a P/E/G ratio of 2.01 and a beta of 1.36.
DST Systems (NYSE:DST) last announced its quarterly earnings data on Friday, October 20th. The technology company reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.03. DST Systems had a return on equity of 16.20% and a net margin of 21.26%. The business had revenue of $562.60 million during the quarter, compared to analyst estimates of $523.57 million. During the same period last year, the company earned $0.77 earnings per share. DST Systems’s quarterly revenue was up 45.5% compared to the same quarter last year. analysts predict that DST Systems, Inc. will post 3.08 EPS for the current year.
Several large investors have recently made changes to their positions in the stock. AXA raised its holdings in shares of DST Systems by 9.5% during the third quarter. AXA now owns 228,700 shares of the technology company’s stock worth $12,551,000 after acquiring an additional 19,900 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of DST Systems by 105.7% during the third quarter. Public Employees Retirement System of Ohio now owns 63,484 shares of the technology company’s stock worth $3,484,000 after acquiring an additional 32,617 shares in the last quarter. GSA Capital Partners LLP raised its holdings in shares of DST Systems by 15.5% during the third quarter. GSA Capital Partners LLP now owns 78,571 shares of the technology company’s stock worth $4,312,000 after acquiring an additional 10,524 shares in the last quarter. Algert Global LLC purchased a new stake in shares of DST Systems during the third quarter worth $422,000. Finally, Neuberger Berman Group LLC raised its holdings in shares of DST Systems by 10.2% during the third quarter. Neuberger Berman Group LLC now owns 586,447 shares of the technology company’s stock worth $32,184,000 after acquiring an additional 54,508 shares in the last quarter. Institutional investors and hedge funds own 85.78% of the company’s stock.
A number of analysts have recently issued reports on DST shares. Zacks Investment Research lowered DST Systems from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Robert W. Baird restated a “buy” rating and issued a $68.00 target price on shares of DST Systems in a report on Thursday, October 12th. Finally, Morgan Stanley increased their target price on DST Systems from $57.00 to $61.00 and gave the company an “equal weight” rating in a report on Monday, October 23rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $68.00.
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DST Systems Company Profile
DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.
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