361 Capital LLC Purchases New Stake in DST Systems, Inc. (DST)

361 Capital LLC purchased a new position in shares of DST Systems, Inc. (NYSE:DST) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 27,488 shares of the technology company’s stock, valued at approximately $1,696,000.

Other institutional investors also recently added to or reduced their stakes in the company. First Bank & Trust increased its position in DST Systems by 99.8% during the second quarter. First Bank & Trust now owns 1,718 shares of the technology company’s stock worth $106,000 after buying an additional 858 shares in the last quarter. Two Sigma Securities LLC purchased a new position in DST Systems during the first quarter worth $228,000. CENTRAL TRUST Co increased its position in DST Systems by 3,458.3% during the second quarter. CENTRAL TRUST Co now owns 2,135 shares of the technology company’s stock worth $132,000 after buying an additional 2,075 shares in the last quarter. CWM LLC purchased a new position in DST Systems during the second quarter worth $133,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in DST Systems by 119.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the technology company’s stock worth $144,000 after buying an additional 1,266 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Several equities analysts have weighed in on the company. Zacks Investment Research downgraded DST Systems from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. BidaskClub downgraded DST Systems from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th. Finally, DA Davidson assumed coverage on DST Systems in a research report on Wednesday, June 21st. They set a “buy” rating and a $72.00 price target for the company.

DST Systems, Inc. (DST) traded down 0.21% during trading on Wednesday, reaching $55.89. The company’s stock had a trading volume of 22,553 shares. The firm has a 50-day moving average price of $53.00 and a 200-day moving average price of $57.83. DST Systems, Inc. has a 52 week low of $47.26 and a 52 week high of $122.11. The firm has a market capitalization of $3.38 billion, a P/E ratio of 8.47 and a beta of 1.31.

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

WARNING: “361 Capital LLC Purchases New Stake in DST Systems, Inc. (DST)” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/11/361-capital-llc-purchases-new-stake-in-dst-systems-inc-dst.html.

In other news, CFO Gregg Wm Givens sold 20,000 shares of the stock in a transaction on Friday, July 14th. The stock was sold at an average price of $61.36, for a total transaction of $1,227,200.00. Following the completion of the sale, the chief financial officer now owns 55,871 shares in the company, valued at approximately $3,428,244.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have bought a total of 1,112 shares of company stock valued at $59,822 in the last quarter. Insiders own 1.82% of the compan

Other institutional investors also recently added to or reduced their stakes in the company. First Bank & Trust increased its position in DST Systems by 99.8% during the second quarter. First Bank & Trust now owns 1,718 shares of the technology company’s stock worth $106,000 after buying an additional 858 shares in the last quarter. Two Sigma Securities LLC purchased a new position in DST Systems during the first quarter worth $228,000. CENTRAL TRUST Co increased its position in DST Systems by 3,458.3% during the second quarter. CENTRAL TRUST Co now owns 2,135 shares of the technology company’s stock worth $132,000 after buying an additional 2,075 shares in the last quarter. CWM LLC purchased a new position in DST Systems during the second quarter worth $133,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in DST Systems by 119.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the technology company’s stock worth $144,000 after buying an additional 1,266 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Several equities analysts have weighed in on the company. Zacks Investment Research downgraded DST Systems from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. BidaskClub downgraded DST Systems from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th. Finally, DA Davidson assumed coverage on DST Systems in a research report on Wednesday, June 21st. They set a “buy” rating and a $72.00 price target for the company.

DST Systems, Inc. (DST) traded down 0.21% during trading on Wednesday, reaching $55.89. The company’s stock had a trading volume of 22,553 shares. The firm has a 50-day moving average price of $53.00 and a 200-day moving average price of $57.83. DST Systems, Inc. has a 52 week low of $47.26 and a 52 week high of $122.11. The firm has a market capitalization of $3.38 billion, a P/E ratio of 8.47 and a beta of 1.31.

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

WARNING: “361 Capital LLC Purchases New Stake in DST Systems, Inc. (DST)” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/11/361-capital-llc-purchases-new-stake-in-dst-systems-inc-dst.html.

In other news, CFO Gregg Wm Givens sold 20,000 shares of the stock in a transaction on Friday, July 14th. The stock was sold at an average price of $61.36, for a total transaction of $1,227,200.00. Following the completion of the sale, the chief financial officer now owns 55,871 shares in the company, valued at approximately $3,428,244.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have bought a total of 1,112 shares of company stock valued at $59,822 in the last quarter. Insiders own 1.82% of the company’s stock.

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

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