Canadian Pacific Kansas City Limited (NYSE:CP) Shares Acquired by Inspire Investing LLC

Inspire Investing LLC boosted its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 12.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,926 shares of the transportation company’s stock after acquiring an additional 1,286 shares during the quarter. Inspire Investing LLC’s holdings in Canadian Pacific Kansas City were worth $863,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. S&CO Inc. boosted its stake in shares of Canadian Pacific Kansas City by 183.3% in the third quarter. S&CO Inc. now owns 17,000 shares of the transportation company’s stock valued at $1,454,000 after purchasing an additional 11,000 shares during the period. Swiss National Bank boosted its position in Canadian Pacific Kansas City by 0.8% in the 3rd quarter. Swiss National Bank now owns 2,820,893 shares of the transportation company’s stock valued at $241,645,000 after buying an additional 23,000 shares during the last quarter. Barclays PLC grew its stake in shares of Canadian Pacific Kansas City by 2.8% during the third quarter. Barclays PLC now owns 2,929,642 shares of the transportation company’s stock valued at $250,602,000 after acquiring an additional 81,111 shares in the last quarter. Encompass Capital Advisors LLC purchased a new stake in shares of Canadian Pacific Kansas City during the second quarter worth about $11,810,000. Finally, Toronto Dominion Bank increased its position in shares of Canadian Pacific Kansas City by 20.4% during the third quarter. Toronto Dominion Bank now owns 2,083,106 shares of the transportation company’s stock worth $178,189,000 after acquiring an additional 352,534 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on CP shares. Stifel Nicolaus reduced their price target on Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating for the company in a report on Thursday, January 16th. StockNews.com downgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research report on Wednesday, December 25th. Susquehanna cut their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating on the stock in a report on Wednesday, January 8th. Citigroup reduced their price objective on shares of Canadian Pacific Kansas City from $98.00 to $91.00 and set a “buy” rating on the stock in a research note on Tuesday, November 12th. Finally, Sanford C. Bernstein dropped their target price on shares of Canadian Pacific Kansas City from $91.98 to $91.25 and set a “market perform” rating for the company in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, Canadian Pacific Kansas City currently has an average rating of “Moderate Buy” and a consensus target price of $92.63.

Canadian Pacific Kansas City Stock Performance

Shares of CP stock opened at $80.08 on Friday. The company has a market cap of $74.76 billion, a P/E ratio of 28.60, a PEG ratio of 1.99 and a beta of 0.96. The business has a 50 day moving average of $74.71 and a two-hundred day moving average of $79.10. Canadian Pacific Kansas City Limited has a 52 week low of $70.89 and a 52 week high of $91.58. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $0.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.02). Canadian Pacific Kansas City had a net margin of 24.50% and a return on equity of 8.78%. The company had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.59 billion. During the same quarter in the prior year, the firm earned $0.69 EPS. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. As a group, analysts anticipate that Canadian Pacific Kansas City Limited will post 3 EPS for the current year.

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.