DST Systems, Inc. (DST) Receives $68.33 Average Price Target from Brokerages

DST Systems, Inc. (NYSE:DST) has received a consensus rating of “Hold” from the six research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $68.33.

A number of brokerages have recently commented on DST. Zacks Investment Research cut DST Systems from a “hold” rating to a “sell” rating in a report on Monday, October 23rd. Morgan Stanley lifted their target price on DST Systems from $57.00 to $61.00 and gave the stock an “equal weight” rating in a report on Monday, October 23rd. Finally, Robert W. Baird lifted their target price on DST Systems from $68.00 to $72.00 and gave the stock an “outperform” rating in a report on Sunday, October 22nd.

A number of institutional investors and hedge funds have recently bought and sold shares of DST. People s United Financial Inc. lifted its holdings in shares of DST Systems by 3.5% in the 2nd quarter. People s United Financial Inc. now owns 12,959 shares of the technology company’s stock worth $800,000 after buying an additional 443 shares during the period. Stevens Capital Management LP lifted its holdings in shares of DST Systems by 3.7% in the 2nd quarter. Stevens Capital Management LP now owns 14,902 shares of the technology company’s stock worth $919,000 after buying an additional 538 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in shares of DST Systems by 3.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 30,764 shares of the technology company’s stock worth $1,688,000 after buying an additional 914 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of DST Systems by 119.4% in the 2nd 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 during the period. Finally, Smith Moore & CO. lifted its holdings in shares of DST Systems by 22.4% in the 3rd quarter. Smith Moore & CO. now owns 7,299 shares of the technology company’s stock worth $401,000 after buying an additional 1,335 shares during the period. Institutional investors own 85.78% of the company’s stock.

Shares of DST Systems (NYSE DST) traded up $0.81 on Tuesday, reaching $60.60. The company had a trading volume of 887,610 shares, compared to its average volume of 436,907. The company has a market cap of $3,600.00, a P/E ratio of 19.68, a PEG ratio of 1.96 and a beta of 1.36. DST Systems has a 52 week low of $50.22 and a 52 week high of $62.98. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.09 and a quick ratio of 1.09.

DST Systems (NYSE:DST) last released its quarterly earnings data on Friday, October 20th. The technology company reported $0.76 earnings per share (EPS) for the quarter, topping the Zacks’ 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 for the quarter, compared to the consensus estimate of $523.57 million. During the same quarter in the previous year, the company posted $0.77 EPS. The company’s revenue was up 45.5% compared to the same quarter last year. equities research analysts predict that DST Systems will post 3.08 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Wednesday, November 22nd were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date was Tuesday, November 21st. DST Systems’s payout ratio is currently 10.88%.

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About DST Systems

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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