Tilia Fiduciary Partners Inc. Purchases 1,703 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Tilia Fiduciary Partners Inc. lifted its position in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 6.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,176 shares of the transportation company’s stock after purchasing an additional 1,703 shares during the quarter. Canadian Pacific Kansas City comprises approximately 1.4% of Tilia Fiduciary Partners Inc.’s portfolio, making the stock its 27th largest holding. Tilia Fiduciary Partners Inc.’s holdings in Canadian Pacific Kansas City were worth $2,111,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Grove Bank & Trust grew its stake in Canadian Pacific Kansas City by 56.0% in the 3rd quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock worth $31,000 after buying an additional 130 shares in the last quarter. Addison Advisors LLC increased its stake in Canadian Pacific Kansas City by 246.9% in the third quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 279 shares during the last quarter. FSA Wealth Management LLC bought a new position in Canadian Pacific Kansas City in the third quarter valued at $34,000. Asset Dedication LLC purchased a new stake in Canadian Pacific Kansas City during the third quarter valued at about $38,000. Finally, Kennebec Savings Bank bought a new stake in Canadian Pacific Kansas City during the third quarter worth about $42,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CP shares. Stephens raised Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $81.00 to $88.00 in a report on Monday. Benchmark reissued a “hold” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, October 24th. Barclays upped their price objective on shares of Canadian Pacific Kansas City from $95.00 to $97.00 and gave the company an “overweight” rating in a research note on Wednesday, September 25th. Susquehanna decreased their target price on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating on the stock in a research report on Wednesday. Finally, Evercore ISI upped their price target on shares of Canadian Pacific Kansas City from $89.00 to $91.00 and gave the company an “outperform” rating in a research report on Wednesday, September 25th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and an average target price of $93.56.

Canadian Pacific Kansas City Trading Down 1.9 %

Shares of CP traded down $1.46 during mid-day trading on Friday, hitting $74.74. 1,579,086 shares of the company’s stock traded hands, compared to its average volume of 2,529,536. The business’s 50-day moving average price is $75.16 and its 200-day moving average price is $79.36. Canadian Pacific Kansas City Limited has a 1 year low of $70.89 and a 1 year high of $91.58. The firm has a market capitalization of $69.76 billion, a P/E ratio of 26.69, a PEG ratio of 2.26 and a beta of 0.96. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $0.99 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.02). The company had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.59 billion. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 24.50%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.69 earnings per share. As a group, sell-side analysts forecast that Canadian Pacific Kansas City Limited will post 3.05 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, December 27th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.75%. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. The ex-dividend date is Friday, December 27th. Canadian Pacific Kansas City’s payout ratio is presently 18.93%.

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.