Kansas City Southern Unusual Bearish Options Activity Means Higher Risks

 Kansas City Southern Unusual Bearish Options Activity Means Higher Risks

In today’s session Kansas City Southern (KSU) recorded an unusually high (100) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious KSU decrease. With 100 contracts traded and 3094 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: KSU170120P00090000 closed last at: $6 or 13% down. About 507,819 shares traded hands. Kansas City Southern (NYSE:KSU) has risen 2.36% since April 4, 2016 and is uptrending. It has outperformed by 1.27% the S&P500.

Kansas City Southern (NYSE:KSU) Ratings Coverage

Out of 19 analysts covering Kansas City Southern (NYSE:KSU), 9 rate it a “Buy”, 2 “Sell”, while 8 “Hold”. This means 47% are positive. Kansas City Southern has been the topic of 40 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The rating was initiated by Topeka Capital Markets on Tuesday, November 3 with “Buy”. The firm earned “Outperform” rating on Monday, October 19 by Macquarie Research. The firm has “Underweight” rating by Barclays Capital given on Wednesday, July 20. RBC Capital Markets maintained it with “Outperform” rating and $109 target price in Wednesday, September 2 report. The firm earned “Buy” rating on Tuesday, September 13 by Citigroup. Bank of America maintained it with “Neutral” rating and $99 target price in Friday, September 11 report. The firm has “Market Perform” rating given on Monday, January 25 by Cowen & Co. On Wednesday, July 20 the stock rating was maintained by Citigroup with “Buy”. The stock has “Buy” rating given by Loop Capital on Thursday, August 4. Oppenheimer initiated the shares of KSU in a report on Thursday, June 16 with “Outperform” rating.

According to Zacks Investment Research, “Kansas City Southern is a transportation holding company with two primary subsidiaries. The Kansas City Southern Railway Company, is one of seven Class I railroads operating in the United States. Kansas City Southern de México, SA. de C.V. is one of three large regional railroads in Mexico. KCS also owns 50% of the Panama Canal Railway Company in Panama. The combined North American rail network comprises approximately 6,000 miles of rail lines that link commercial and industrial markets in the United States and Mexico.”

Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 0.06, from 0.94 in 2016Q1. The ratio improved, as 44 funds sold all Kansas City Southern shares owned while 167 reduced positions. 71 funds bought stakes while 139 increased positions. They now own 95.86 million shares or 7.51% less from 103.64 million shares in 2016Q1.
Cornerstone Advsrs holds 0.02% or 222 shares in its portfolio. Everpoint Asset Mngmt Limited Liability Com holds 0.12% or 65,000 shares in its portfolio. Impala Asset Mngmt Ltd Llc has 584,947 shares for 3.8% of their US portfolio. Guardian Trust, a California-based fund reported 27 shares. Waddell And Reed Fincl Incorporated owns 2.56M shares or 0.49% of their US portfolio. Capstone Asset Management holds 7,827 shares or 0.02% of its portfolio. Halsey Associate Inc Ct has 1.39% invested in the company for 69,543 shares. National Bank & Trust Of Montreal Can last reported 0.03% of its portfolio in the stock. Janus Mngmt Limited Liability Co, a Colorado-based fund reported 156,950 shares. Citigroup Inc owns 33,649 shares or 0% of their US portfolio. Huntington National Bank & Trust holds 0.01% of its portfolio in Kansas City Southern (NYSE:KSU) for 3,158 shares. Cibc World Mkts Incorporated owns 4,386 shares or 0% of their US portfolio. Teacher Retirement System Of Texas accumulated 7,793 shares or 0% of the stock. Klingenstein Fields Communications holds 0.6% or 142,600 shares in its portfolio. Royal National Bank Of Canada reported 124,287 shares or 0.01% of all its holdings.

Insider Transactions: Since June 9, 2016, the stock had 0 insider buys, and 5 sales for $4.39 million net activity. Ottensmeyer Patrick J also sold $478,100 worth of Kansas City Southern (NYSE:KSU) shares. $510,842 worth of Kansas City Southern (NYSE:KSU) shares were sold by Upchurch Michael W. 3,240 Kansas City Southern (NYSE:KSU) shares with value of $291,417 were sold by DRUTEN ROBERT J. Shares for $504,312 were sold by Starling David L on Wednesday, July 20. $2.61M worth of Kansas City Southern (NYSE:KSU) was sold by Wochner William J.

Kansas City Southern is a transportation holding firm with domestic and international rail activities in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The company has a market cap of $9.38 billion. The Firm controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri and several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas. It has a 19.71 P/E ratio. The Firm controls and owns Kansas City Southern de Mexico, S.A. de C.V. (KCSM), which serves Mexico’s principal industrial cities and three of its seaports.

KSU Company Profile

Kansas City Southern (KCS), incorporated on January 29, 1962, is a transportation holding firm with domestic and international rail activities in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Firm controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri and several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas. The Firm controls and owns Kansas City Southern de Mexico, S.A. de C.V. (KCSM), which serves Mexico’s principal industrial cities and three of its seaports. KCSM has the right to control and operate the southern half of the rail bridge at Laredo, Texas, which spans the Rio Grande River between the United States and Mexico. The Firm also controls the northern half of this bridge through its ownership of Mexrail, Inc. (Mexrail). The Company, through Mexrail, owns The Texas Mexican Railway Company (Tex-Mex), which connects the activities of KCSR with KCSM.

More notable recent Kansas City Southern (NYSE:KSU) news were published by: Businesswire.com which released: “Kansas City Southern Announces Results of 16th Annual Holiday Express …” on November 04, 2016, also Wsj.com with their article: “Kansas City Southern Earnings Slip as Commodities Slide” published on October 18, 2016, Zacks.com published: “Will Kansas City Southern (KSU) Beat on Earnings in Q3?” on October 14, 2016. More interesting news about Kansas City Southern (NYSE:KSU) were released by: Benzinga.com and their article: “Kansas City Southern’s Growth Outlook Brighter Than Some Of Its Peers” published on October 19, 2016 as well as Nasdaq.com‘s news article titled: “Kansas City Southern To Present At GS Conference; Webcast At 9:20 AM ET” with publication date: November 02, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment