Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells C$5,426,615.01 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer Keith E. Creel sold 51,727 shares of Canadian Pacific Kansas City stock in a transaction on Monday, December 23rd. The stock was sold at an average price of C$104.91, for a total transaction of C$5,426,615.01.

Canadian Pacific Kansas City Stock Down 1.0 %

Shares of TSE:CP opened at C$104.58 on Monday. The company has a current ratio of 0.51, a quick ratio of 0.42 and a debt-to-equity ratio of 50.47. The company has a market cap of C$97.59 billion, a price-to-earnings ratio of 28.04, a P/E/G ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City Limited has a 12 month low of C$101.76 and a 12 month high of C$123.37. The stock’s 50-day moving average is C$106.77.

Canadian Pacific Kansas City Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Monday, January 27th will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Friday, December 27th. This represents a $0.76 annualized dividend and a dividend yield of 0.73%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.38%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Citigroup set a C$97.00 price objective on shares of Canadian Pacific Kansas City and gave the stock a “buy” rating in a report on Wednesday, October 9th. JPMorgan Chase & Co. raised their price target on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 8th. Royal Bank of Canada lowered their price objective on Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. ATB Capital increased their target price on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Finally, National Bankshares boosted their price target on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$121.43.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.