Nomura Asset Management Company LTD Has Cut Its Kansas City Southern (KSU) Stake as Share Price Rose; Telos Capital Management Upped Its Stake in Qualcomm (QCOM) by $392,425

November 15, 2017 - By Ellis Scott

Nomura Asset Management Company Ltd decreased its stake in Kansas City Southern (KSU) by 40.87% based on its latest 2017Q2 regulatory filing with the SEC. Nomura Asset Management Company Ltd sold 55,834 shares as the company’s stock rose 3.89% with the market. The institutional investor held 80,784 shares of the railroads company at the end of 2017Q2, valued at $8.45M, down from 136,618 at the end of the previous reported quarter. Nomura Asset Management Company Ltd who had been investing in Kansas City Southern for a number of months, seems to be less bullish one the $10.79 billion market cap company. The stock decreased 0.82% or $0.86 during the last trading session, reaching $104.25. About shares traded. Kansas City Southern (NYSE:KSU) has declined 0.27% since November 15, 2016 and is downtrending. It has underperformed by 16.97% the S&P500.

Telos Capital Management Inc increased its stake in Qualcomm Inc (QCOM) by 9.99% based on its latest 2017Q2 regulatory filing with the SEC. Telos Capital Management Inc bought 7,135 shares as the company’s stock rose 2.14% with the market. The institutional investor held 78,577 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q2, valued at $4.34 million, up from 71,442 at the end of the previous reported quarter. Telos Capital Management Inc who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $97.29 billion market cap company. The stock decreased 0.74% or $0.49 during the last trading session, reaching $66. About 4,910 shares traded. QUALCOMM, Inc. (NASDAQ:QCOM) has risen 9.31% since November 15, 2016 and is uptrending. It has underperformed by 7.39% the S&P500.

Among 23 analysts covering Kansas City Southern (NYSE:KSU), 13 have Buy rating, 1 Sell and 9 Hold. Therefore 57% are positive. Kansas City Southern had 76 analyst reports since August 20, 2015 according to SRatingsIntel. BMO Capital Markets maintained Kansas City Southern (NYSE:KSU) on Thursday, May 25 with “Hold” rating. The rating was maintained by BMO Capital Markets on Tuesday, July 11 with “Hold”. The stock of Kansas City Southern (NYSE:KSU) earned “Buy” rating by Aegis Capital on Thursday, December 15. Citigroup maintained it with “Buy” rating and $109 target in Wednesday, July 20 report. The firm has “Market Perform” rating by Cowen & Co given on Monday, October 19. The stock of Kansas City Southern (NYSE:KSU) has “Neutral” rating given on Monday, January 23 by Seaport Global. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, October 2. Citigroup maintained the shares of KSU in report on Wednesday, October 4 with “Buy” rating. The stock of Kansas City Southern (NYSE:KSU) has “Equal-Weight” rating given on Monday, October 23 by Morgan Stanley. On Monday, October 5 the stock rating was maintained by Barclays Capital with “Underweight”.

Nomura Asset Management Company Ltd, which manages about $32.64 billion and $7.43 billion US Long portfolio, upped its stake in Honeywell Intl Inc (NYSE:HON) by 33,914 shares to 677,888 shares, valued at $90.36M in 2017Q2, according to the filing. It also increased its holding in Vipshop Hldgs Ltd (NYSE:VIPS) by 33,100 shares in the quarter, for a total of 82,900 shares, and has risen its stake in Sysco Corp (NYSE:SYY).

More notable recent Kansas City Southern (NYSE:KSU) news were published by: Reuters.com which released: “Kansas City Southern overcomes hurricane to beat on revenue” on October 20, 2017, also Reuters.com with their article: “Railroad Kansas City Southern quarterly profit rises” published on October 20, 2017, Finance.Yahoo.com published: “Kansas City Southern (KSU) Beats on Q3 Earnings” on October 20, 2017. More interesting news about Kansas City Southern (NYSE:KSU) were released by: Businesswire.com and their article: “Kansas City Southern Honored as a Corporate Game Changer by Women’s Forum of …” published on November 14, 2017 as well as Nasdaq.com‘s news article titled: “Suffolk Capital Management Llc Buys XPO Logistics Inc, DowDuPont Inc, Kansas …” with publication date: November 04, 2017.

Analysts await Kansas City Southern (NYSE:KSU) to report earnings on January, 19. They expect $1.36 EPS, up 21.43% or $0.24 from last year’s $1.12 per share. KSU’s profit will be $140.76 million for 19.16 P/E if the $1.36 EPS becomes a reality. After $1.35 actual EPS reported by Kansas City Southern for the previous quarter, Wall Street now forecasts 0.74% EPS growth.

Investors sentiment decreased to 0.86 in 2017 Q2. Its down 0.14, from 1 in 2017Q1. It fall, as 54 investors sold KSU shares while 170 reduced holdings. 72 funds opened positions while 120 raised stakes. 86.75 million shares or 0.78% less from 87.43 million shares in 2017Q1 were reported. Raymond James & Assoc invested in 0.07% or 299,887 shares. Legal And General Public Ltd Company owns 564,148 shares for 0.05% of their portfolio. Patten Gp reported 360 shares. Glenview Natl Bank Dept invested in 2,000 shares or 0.11% of the stock. Employees Retirement System Of Ohio owns 45,981 shares for 0.03% of their portfolio. Comgest Glob Investors Sas holds 0.04% or 15,100 shares. Sun Life has 6,476 shares. Wilbanks Smith And Thomas Asset Mngmt Llc owns 2,011 shares. Pillar Pacific Mgmt Lc accumulated 42,400 shares. Cutter & Company Brokerage has invested 1.28% in Kansas City Southern (NYSE:KSU). Gam Hldgs Ag has invested 0.12% in Kansas City Southern (NYSE:KSU). Atwood & Palmer, a Missouri-based fund reported 32 shares. Clinton Group has invested 0.09% in Kansas City Southern (NYSE:KSU). Lenox Wealth Mngmt owns 175 shares. Prudential Inc reported 0.02% of its portfolio in Kansas City Southern (NYSE:KSU).

Since May 20, 2017, it had 0 buys, and 3 sales for $1.63 million activity. $325,654 worth of stock was sold by STERLING MICHELLE M on Saturday, May 20. 470 shares were sold by ROGERS ALEXANDER H, worth $26,922 on Tuesday, May 30.

Investors sentiment decreased to 0.98 in Q2 2017. Its down 0.05, from 1.03 in 2017Q1. It dived, as 89 investors sold QCOM shares while 481 reduced holdings. 107 funds opened positions while 451 raised stakes. 1.11 billion shares or 0.00% more from 1.11 billion shares in 2017Q1 were reported. 23,014 are held by Meiji Yasuda Life. Guinness Atkinson Asset Management owns 154,130 shares for 5.53% of their portfolio. Hanson Mcclain Incorporated reported 396 shares stake. Illinois-based Advisory Rech has invested 0.08% in QUALCOMM, Inc. (NASDAQ:QCOM). Advisory Serv Ntwk Ltd Company stated it has 0.19% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM). Moreover, Savings Bank Of The West has 0.22% invested in QUALCOMM, Inc. (NASDAQ:QCOM). Levin Strategies Limited Partnership invested in 1.38 million shares. Fukoku Mutual Life Ins Company stated it has 0.04% in QUALCOMM, Inc. (NASDAQ:QCOM). Interocean Cap Limited Co owns 119,098 shares for 1.08% of their portfolio. Eqis Cap Incorporated accumulated 80,703 shares. Broderick Brian C accumulated 0.13% or 6,328 shares. British Columbia Corp has invested 0.25% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM). Gemmer Asset Mngmt Limited Liability Company holds 0.03% in QUALCOMM, Inc. (NASDAQ:QCOM) or 1,334 shares. Bartlett Llc stated it has 518,946 shares. Hilltop Hldgs invested in 0.14% or 8,853 shares.

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