Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  DST Systems, Inc.    DST

News SummaryMost relevantAll newsSector newsTweets

DST Systems, Inc. : Asset Management (USIRKS) announced that we reached a milestone in the Alternative investment space supporting over 1.5 MM accounts.

share with twitter share with LinkedIn share with facebook
share via e-mail
02/06/2013 | 09:57am CEST


DST Media Relations


[email protected]

DST REACHES MILESTONE IN ALTERNATIVE SPACE Solutions Provider Now Serving Over One And A Half Million Retail Accounts

KANSAS CITY, MO - February 4, 2013 - DST Systems, Inc., a global provider of solutions that process, and communicate the high-value information needed to manage life's most important business, today announced its U.S. Investment Recordkeeping solution is now supporting over

1.5 million accounts in the alternative investment space.
DST, the largest provider of third-party shareholder recordkeeping services in the mutual fund industry, also supports a full range of retail alternative investment products, including institutional and retail Hedge Funds, Closed End Interval Funds, Business Development Companies, Managed Futures, Limited Partnerships, and Non-Traded REITS.
"Companies in the financial services market have long depended on DST's industry experience,
technological expertise, and service excellence to help them grow their businesses," says Chris Shaw, Operations Officer for DST's U.S. Investment Recordkeeping unit. "This remains true in a world that is quickly embracing new forms of alternative investment products."
According to Michael Forman, CEO of Franklin Square Capital Partners, a sponsor and national distributor of innovative alternative investment products, the important DST milestone reflects increasing investor and advisor adoption of non-traditional investments.
"Alternatives have been used by institutional investors for years due to their long-term return potential and diversification benefits," says Mr. Forman. "It's clear that individual investors and their advisors are looking to these unique and powerful investments for the same reason.
In addition to its recordkeeping solutions and DTCC Alternative Investment Platform support, DST also provides innovative and commonly used distribution solutions like DST Vision, FAN Mail, and SalesConnect.
DST provides complete support for transfer agency operations with TA2000, including flexible service models with options for services and functionality designed to meet a variety of unique
business needs. For more information on the company and its U.S. Investment Recordkeeping business, visit www.dstsystems.com.

About DST Systems, Inc.

DST Systems, Inc. provides sophisticated information processing solutions and services to support the global asset management, insurance, retirement, brokerage, and healthcare industries. In addition to technology products and services, DST also provides integrated print and electronic statement and billing solutions through DST Output. DST's world-class data centers provide technology infrastructure support for financial services and healthcare companies around the globe. Headquartered in Kansas City, MO., DST is a publicly traded company on the New York Stock Exchange.

The information and comments in this press release may include forward-looking statements respecting DST and its businesses. Such information and comments are based on DST's views as of today, and actual actions or results could differ. There could be a number of factors, risks, uncertainties or contingencies that could affect future actions or results, including but not limited to those set forth in DST's periodic reports (Forms 10-K or 10-Q) filed from time to time with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking statements. The Company undertakes no obligation to update any forward-looking statements in this press release to reflect future events. Brand, service or product names or marks in this press release are trademarks or service marks, registered or otherwise, of DST Systems, Inc., DST subsidiaries or affiliates, or third parties.


distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on DST SYSTEMS, INC.
10/17DST SYSTEMS, INC. : quaterly earnings release
10/06 DST : NICSA Recognizes DST Innovation & Leadership Excellence
10/05 DST : Recognized By NICSA For Excellence In Innovation And Leadership
10/03 DST : Notification of 3Q2017 Earnings Release Date
10/03 DST : Notification of Third Quarter 2017 Earnings Release Date
10/02 DST SYSTEMS, INC. : Announces Notification Of Third Quarter 2017 Earnings Releas..
09/26 DST : Announces New Asset Manager Report Series
09/26 DST : Amidst Ongoing Industry Consolidation, Asset Managers Must Change Their Bu..
09/21 DST : Releases Results of Asset Manager Composite for 2Q2017
09/21 DST : Strong Global Markets Help Asset Managers' Operating Margins Recover In Th..
More news
News from SeekingAlpha
10/02 DST Systems - Buy The Dip
09/06 TROUBLE WITH THE SPIN : R.R. Donnelley, LSC Communications, Donnelley Financial
08/25 DONNELLEY FINANCIAL SOLUTIONS : An Undervalued FinTech Spinoff
08/10 DST SYSTEMS : Unlocking The Value Trap
08/02 DST Systems declares $0.18 dividend
Financials ($)
Sales 2017 2 140 M
EBIT 2017 297 M
Net income 2017 403 M
Debt 2017 75,3 M
Yield 2017 1,30%
P/E ratio 2017 11,68
P/E ratio 2018 16,15
EV / Sales 2017 1,60x
EV / Sales 2018 1,52x
Capitalization 3 352 M
Duration : Period :
DST Systems, Inc. Technical Analysis Chart | DST | US2333261079 | 4-Traders
Technical analysis trends DST SYSTEMS, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 66,0 $
Spread / Average Target 19%
EPS Revisions
Stephen C. Hooley Chairman, President & Chief Executive Officer
Gregg William Givens CFO, Treasurer & Senior Vice President
Maria Mann Chief Information Officer & Executive VP
Lowell L. Bryan Lead Independent Director
Samuel G. Liss Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
DST SYSTEMS, INC.4.43%3 352
ACCENTURE18.84%89 680
VMWARE, INC.44.32%47 090