Vanderbilt University Sells 1,986 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Vanderbilt University cut its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 3.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,217 shares of the transportation company’s stock after selling 1,986 shares during the quarter. Canadian Pacific Kansas City accounts for about 0.8% of Vanderbilt University’s investment portfolio, making the stock its 25th largest holding. Vanderbilt University’s holdings in Canadian Pacific Kansas City were worth $4,068,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Grove Bank & Trust boosted its holdings in shares of Canadian Pacific Kansas City by 56.0% during the third quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock worth $31,000 after purchasing an additional 130 shares during the period. Addison Advisors LLC lifted its holdings in Canadian Pacific Kansas City by 246.9% in the 3rd quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock worth $34,000 after buying an additional 279 shares during the period. FSA Wealth Management LLC purchased a new stake in Canadian Pacific Kansas City in the 3rd quarter worth approximately $34,000. Asset Dedication LLC bought a new stake in shares of Canadian Pacific Kansas City in the 3rd quarter worth approximately $38,000. Finally, Kennebec Savings Bank purchased a new position in shares of Canadian Pacific Kansas City during the third quarter valued at approximately $42,000. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Wolfe Research raised Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price target for the company in a research note on Wednesday, January 8th. Loop Capital lowered shares of Canadian Pacific Kansas City from a “buy” rating to a “sell” rating in a research note on Monday. Royal Bank of Canada increased their price target on shares of Canadian Pacific Kansas City from $124.00 to $128.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. Stifel Nicolaus lowered their price objective on shares of 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. Finally, Wells Fargo & Company reduced their target price on Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $95.45.

Canadian Pacific Kansas City Trading Up 1.5 %

NYSE CP opened at $78.25 on Thursday. 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 current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42. The stock’s fifty day moving average price is $75.41 and its 200-day moving average price is $78.84. The stock has a market cap of $73.05 billion, a P/E ratio of 26.98, a P/E/G ratio of 2.06 and a beta of 0.97.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its quarterly earnings data on Wednesday, January 29th. The transportation company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.26. Canadian Pacific Kansas City had a net margin of 25.51% and a return on equity of 8.86%. As a group, equities analysts forecast that Canadian Pacific Kansas City Limited will post 3.39 EPS for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be given a $0.1318 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.53 annualized dividend and a yield of 0.67%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 18.62%.

About Canadian Pacific Kansas City

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.