Wilmington Savings Fund Society FSB Has $2.09 Million Position in Canadian Pacific Kansas City Limited (NYSE:CP)

Wilmington Savings Fund Society FSB increased its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 23.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,812 shares of the transportation company’s stock after buying an additional 5,449 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Canadian Pacific Kansas City were worth $2,085,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CP. Dynamic Advisor Solutions LLC increased its position in shares of Canadian Pacific Kansas City by 4.6% during the third quarter. Dynamic Advisor Solutions LLC now owns 4,334 shares of the transportation company’s stock valued at $371,000 after purchasing an additional 190 shares during the period. CWM LLC increased its holdings in Canadian Pacific Kansas City by 5.0% in the 3rd quarter. CWM LLC now owns 7,425 shares of the transportation company’s stock valued at $635,000 after buying an additional 352 shares during the period. Gateway Investment Advisers LLC raised its stake in shares of Canadian Pacific Kansas City by 1.2% in the 3rd quarter. Gateway Investment Advisers LLC now owns 118,770 shares of the transportation company’s stock valued at $10,160,000 after buying an additional 1,432 shares in the last quarter. Ritholtz Wealth Management lifted its holdings in shares of Canadian Pacific Kansas City by 56.6% during the 3rd quarter. Ritholtz Wealth Management now owns 19,135 shares of the transportation company’s stock worth $1,637,000 after acquiring an additional 6,913 shares during the period. Finally, Cardinal Capital Management Inc. boosted its position in shares of Canadian Pacific Kansas City by 0.6% during the 3rd quarter. Cardinal Capital Management Inc. now owns 1,191,391 shares of the transportation company’s stock valued at $102,019,000 after acquiring an additional 6,881 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Canadian Pacific Kansas City Stock Down 1.5 %

Shares of CP opened at $77.17 on Monday. The firm has a market capitalization of $72.04 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 2.02 and a beta of 0.97. 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 debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. The business’s fifty day moving average price is $75.54 and its two-hundred day moving average price is $78.77.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings data on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates 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%. On average, analysts predict that Canadian Pacific Kansas City Limited will post 3.4 earnings per share for the current year.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be paid a dividend of $0.1318 per share. This represents a $0.53 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 18.62%.

Analyst Ratings Changes

CP has been the subject of a number of analyst reports. Bank of America cut their price target on shares of Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Barclays decreased their price target on 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. Susquehanna dropped their price objective on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a research note on Wednesday, January 8th. Wells Fargo & Company reduced their target price on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Finally, Benchmark reiterated a “hold” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, January 30th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $95.45.

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.