Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells C$2,173,430.39 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer Laird Joseph Pitz sold 18,710 shares of the stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of C$116.16, for a total value of C$2,173,430.39.

Canadian Pacific Kansas City Price Performance

Shares of TSE:CP opened at C$111.87 on Thursday. The firm has a market capitalization of C$104.39 billion, a PE ratio of 29.99, a P/E/G ratio of 2.32 and a beta of 0.79. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. The company has a 50-day moving average price of C$107.94 and a two-hundred day moving average price of C$109.92. Canadian Pacific Kansas City Limited has a twelve month low of C$101.76 and a twelve month high of C$123.37.

Canadian Pacific Kansas City Announces 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 paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.68%. Canadian Pacific Kansas City’s dividend payout ratio is 20.38%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Susquehanna raised shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 24th. National Bankshares lifted their target price on shares of Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Wolfe Research raised Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Sanford C. Bernstein dropped their price target on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a report on Wednesday, October 9th. Finally, UBS Group upped their price objective on Canadian Pacific Kansas City from C$127.00 to C$129.00 in a research note on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$124.07.

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.