Canadian Pacific Kansas City Limited (NYSE:CP) Shares Acquired by Waldron Private Wealth LLC

Waldron Private Wealth LLC lifted its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 93.4% in the 4th quarter, Holdings Channel reports. The firm owned 21,128 shares of the transportation company’s stock after purchasing an additional 10,202 shares during the quarter. Waldron Private Wealth LLC’s holdings in Canadian Pacific Kansas City were worth $1,529,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. S&CO Inc. increased its position 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 buying an additional 11,000 shares in the last quarter. Swiss National Bank increased its holdings in Canadian Pacific Kansas City by 0.8% during the 3rd quarter. Swiss National Bank now owns 2,820,893 shares of the transportation company’s stock valued at $241,645,000 after acquiring an additional 23,000 shares in the last quarter. Barclays PLC raised its position in 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 worth $250,602,000 after acquiring an additional 81,111 shares during the last quarter. Toronto Dominion Bank lifted its holdings in shares of Canadian Pacific Kansas City by 20.4% in the third quarter. Toronto Dominion Bank now owns 2,083,106 shares of the transportation company’s stock valued at $178,189,000 after purchasing an additional 352,534 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Canadian Pacific Kansas City in the fourth quarter valued at approximately $249,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CP. Susquehanna dropped their price target on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a research report on Wednesday, January 8th. Stephens lifted their price target on shares of Canadian Pacific Kansas City from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Thursday. Barclays reduced their price objective on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Citigroup lifted their target price on shares of Canadian Pacific Kansas City from $88.00 to $91.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Wolfe Research upgraded Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price objective on the stock in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $95.45.

Canadian Pacific Kansas City Stock Down 0.3 %

Shares of NYSE CP opened at $79.57 on Friday. The stock has a fifty day moving average price of $75.34 and a 200 day moving average price of $79.05. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42. Canadian Pacific Kansas City Limited has a 12-month low of $70.89 and a 12-month high of $91.58. The company has a market cap of $74.28 billion, a P/E ratio of 27.44, a P/E/G ratio of 2.04 and a beta of 0.96.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its earnings results on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. Research analysts anticipate that Canadian Pacific Kansas City Limited will post 3.5 EPS for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be paid a $0.1318 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.53 annualized dividend and a dividend yield of 0.66%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 18.62%.

Canadian Pacific Kansas City 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.