48,591 Shares in DST Systems, Inc. (DST) Acquired by Marshall Wace North America L.P.

Marshall Wace North America L.P. purchased a new position in DST Systems, Inc. (NYSE:DST) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 48,591 shares of the technology company’s stock, valued at approximately $3,013,000. Marshall Wace North America L.P. owned 0.08% of DST Systems at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Mutual of America Capital Management LLC boosted its holdings in shares of DST Systems by 1.2% in the first quarter. Mutual of America Capital Management LLC now owns 24,872 shares of the technology company’s stock worth $3,047,000 after acquiring an additional 305 shares during the period. KBC Group NV boosted its holdings in shares of DST Systems by 11.4% in the second quarter. KBC Group NV now owns 35,961 shares of the technology company’s stock worth $2,219,000 after acquiring an additional 3,671 shares during the period. Private Trust Co. NA bought a new position in shares of DST Systems in the second quarter worth $460,000. Swiss National Bank boosted its holdings in shares of DST Systems by 0.8% in the first quarter. Swiss National Bank now owns 51,200 shares of the technology company’s stock worth $6,272,000 after acquiring an additional 400 shares during the period. Finally, Canada Pension Plan Investment Board boosted its holdings in shares of DST Systems by 51.9% in the first quarter. Canada Pension Plan Investment Board now owns 71,738 shares of the technology company’s stock worth $8,788,000 after acquiring an additional 24,500 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

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A number of equities analysts have recently commented on DST shares. BidaskClub lowered DST Systems from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. DA Davidson assumed coverage on DST Systems in a research report on Wednesday, June 21st. They issued a “buy” rating and a $72.00 price objective on the stock. ValuEngine upgraded DST Systems from a “hold” rating to a “buy” rating in a research report on Saturday, June 10th. Finally, Zacks Investment Research upgraded DST Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, June 7th.

In related news, CFO Gregg Wm Givens sold 20,000 shares of the company’s stock in a transaction on Friday, July 14th. The shares were sold at an average price of $61.36, for a total value of $1,227,200.00. Following the completion of the transaction, the chief financial officer now owns 55,871 shares of the company’s stock, valued at approximately $3,428,244.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders purchased a total of 1,070 shares of company stock valued at $59,817 in the last ninety days. 1.82% of the stock is currently owned by insiders.

Shares of DST Systems, Inc. (NYSE:DST) traded up 0.48% during midday trading on Friday, hitting $52.35. The company had a trading volume of 667,795 shares. The firm has a market capitalization of $3.17 billion, a P/E ratio of 5.28 and a beta of 1.32. DST Systems, Inc. has a 1-year low of $47.26 and a 1-year high of $62.94. The stock has a 50 day moving average price of $51.97 and a 200 day moving average price of $58.39.

DST Systems (NYSE:DST) last issued its earnings results on Thursday, July 27th. The technology company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.02). The firm had revenue of $656.20 million during the quarter, compared to the consensus estimate of $541.90 million. DST Systems had a return on equity of 16.79% and a net margin of 35.46%. The company’s quarterly revenue was up 68.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.42 EPS. On average, equities analysts anticipate that DST Systems, Inc. will post $3.05 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Friday, August 25th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.38%. The ex-dividend date was Wednesday, August 23rd. DST Systems’s dividend payout ratio is currently 7.11%.

DST Systems 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.

Institutional Ownership by Quarter for DST Systems (NYSE:DST)

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