Investors Sell Shares of DST Systems (DST) on Strength After Insider Selling

Investors sold shares of DST Systems, Inc. (NYSE:DST) on strength during trading on Thursday following insider selling activity. $71.34 million flowed into the stock on the tick-up and $102.62 million flowed out of the stock on the tick-down, for a money net flow of $31.28 million out of the stock. Of all companies tracked, DST Systems had the 0th highest net out-flow for the day. DST Systems traded up $4.03 for the day and closed at $83.92Specifically, VP Jonathan J. Boehm sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $64.50, for a total value of $1,290,000.00. Following the sale, the vice president now owns 75,518 shares of the company’s stock, valued at approximately $4,870,911. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last ninety days, insiders purchased 976 shares of company stock worth $59,812. 1.82% of the stock is owned by corporate insiders.

A number of equities research analysts recently issued reports on DST shares. Evercore ISI reaffirmed an “in-line” rating on shares of DST Systems in a research note on Friday. Zacks Investment Research lowered DST Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Robert W. Baird reaffirmed a “buy” rating and issued a $68.00 target price on shares of DST Systems in a research note on Thursday, October 12th. DA Davidson lowered DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 target price on the stock. in a research note on Friday. Finally, Morgan Stanley upped their target price on DST Systems from $57.00 to $61.00 and gave the company an “equal weight” rating in a research note on Monday, October 23rd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $68.50.

The stock has a market capitalization of $5,030.00, a P/E ratio of 12.61, a price-to-earnings-growth ratio of 1.77 and a beta of 1.37. 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 issued its quarterly earnings results on Friday, October 20th. The technology company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.03. DST Systems had a return on equity of 16.20% and a net margin of 21.26%. The company had revenue of $562.60 million for the quarter, compared to analyst estimates of $523.57 million. During the same quarter in the prior year, the company posted $0.77 EPS. The business’s revenue for the quarter was up 45.5% compared to the same quarter last year. sell-side analysts forecast that DST Systems, Inc. will post 3.08 EPS for the current year.

Several institutional investors have recently modified their holdings of the business. Sit Investment Associates Inc. lifted its stake in shares of DST Systems by 25.6% during the 4th quarter. Sit Investment Associates Inc. now owns 71,175 shares of the technology company’s stock worth $4,418,000 after purchasing an additional 14,500 shares during the period. Prudential Financial Inc. lifted its stake in shares of DST Systems by 8.9% during the 3rd quarter. Prudential Financial Inc. now owns 1,037,864 shares of the technology company’s stock worth $56,958,000 after purchasing an additional 84,398 shares during the period. AXA lifted its stake in shares of DST Systems by 9.5% during the 3rd quarter. AXA now owns 228,700 shares of the technology company’s stock worth $12,551,000 after purchasing an additional 19,900 shares during the period. Public Employees Retirement System of Ohio lifted its stake in shares of DST Systems by 105.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 63,484 shares of the technology company’s stock worth $3,484,000 after purchasing an additional 32,617 shares during the period. Finally, GSA Capital Partners LLP lifted its stake in shares of DST Systems by 15.5% during the 3rd quarter. GSA Capital Partners LLP now owns 78,571 shares of the technology company’s stock worth $4,312,000 after purchasing an additional 10,524 shares during the period. 85.71% of the stock is currently owned by institutional investors.

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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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