S&CO Inc. Has $1.35 Million Position in Canadian Pacific Kansas City Limited (NYSE:CP)

S&CO Inc. increased its position in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 9.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,600 shares of the transportation company’s stock after acquiring an additional 1,600 shares during the quarter. S&CO Inc.’s holdings in Canadian Pacific Kansas City were worth $1,346,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CP. Proficio Capital Partners LLC acquired a new stake in Canadian Pacific Kansas City during the 4th quarter valued at approximately $2,602,000. Swiss National Bank boosted its holdings in shares of 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 worth $241,645,000 after buying an additional 23,000 shares in the last quarter. Oak Family Advisors LLC bought a new position in shares of Canadian Pacific Kansas City during the 4th quarter worth approximately $262,000. Barclays PLC boosted its holdings in shares of Canadian Pacific Kansas City by 2.8% during the 3rd quarter. Barclays PLC now owns 2,929,642 shares of the transportation company’s stock worth $250,602,000 after buying an additional 81,111 shares in the last quarter. Finally, Toronto Dominion Bank boosted its holdings in shares of Canadian Pacific Kansas City by 20.4% during the 3rd quarter. Toronto Dominion Bank now owns 2,083,106 shares of the transportation company’s stock worth $178,189,000 after buying an additional 352,534 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Down 4.3 %

Shares of CP opened at $74.36 on Tuesday. The business has a 50-day moving average of $76.86 and a 200 day moving average of $78.43. Canadian Pacific Kansas City Limited has a fifty-two week low of $70.89 and a fifty-two week high of $91.58. The firm has a market cap of $69.42 billion, a P/E ratio of 25.64, a price-to-earnings-growth ratio of 2.00 and a beta of 0.98. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its earnings results on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, topping 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%. As a group, research analysts forecast that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current year.

Canadian Pacific Kansas City Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Shareholders 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 yield of 0.71%. Canadian Pacific Kansas City’s dividend payout ratio is currently 17.93%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CP. Royal Bank of Canada increased their price target on Canadian Pacific Kansas City from $124.00 to $128.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Barclays cut their target price on Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Loop Capital cut Canadian Pacific Kansas City from a “buy” rating to a “sell” rating in a research note on Monday, February 3rd. 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 research note on Wednesday, January 8th. Finally, Stephens raised their target price on Canadian Pacific Kansas City from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $95.45.

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.