Guyasuta Investment Advisors Inc. decreased its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP – Free Report) (TSE:CP) by 4.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 12,072 shares of the transportation company’s stock after selling 600 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Canadian Pacific Kansas City were worth $874,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the stock. CWM LLC grew its position 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 purchasing an additional 352 shares during the period. Creative Planning grew its position in Canadian Pacific Kansas City by 9.6% in the 3rd quarter. Creative Planning now owns 143,058 shares of the transportation company’s stock valued at $12,237,000 after purchasing an additional 12,558 shares during the period. Asset Dedication LLC acquired a new stake in Canadian Pacific Kansas City in the 3rd quarter valued at $38,000. Vontobel Holding Ltd. grew its position in Canadian Pacific Kansas City by 13.9% in the 3rd quarter. Vontobel Holding Ltd. now owns 5,227 shares of the transportation company’s stock valued at $447,000 after purchasing an additional 639 shares during the period. Finally, Trust Co. of Vermont grew its position in Canadian Pacific Kansas City by 4.7% in the 3rd quarter. Trust Co. of Vermont now owns 3,037 shares of the transportation company’s stock valued at $260,000 after purchasing an additional 135 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.
Analyst Ratings Changes
Several analysts recently issued reports on CP shares. Benchmark reissued a “hold” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, January 30th. Citigroup raised their price objective on Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Stephens raised their price objective on Canadian Pacific Kansas City from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Susquehanna dropped their price objective on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating on the stock in a research note on Wednesday, January 8th. Finally, Loop Capital cut Canadian Pacific Kansas City from a “buy” rating to a “sell” rating in a research note on Monday, February 3rd. Two equities 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 stock. Based on data from MarketBeat, Canadian Pacific Kansas City has a consensus rating of “Moderate Buy” and an average price target of $95.45.
Canadian Pacific Kansas City Trading Down 1.0 %
Shares of CP opened at $77.53 on Friday. The business has a 50-day moving average of $75.70 and a 200 day moving average of $78.70. 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 $72.38 billion, a P/E ratio of 26.73, a price-to-earnings-growth ratio of 2.02 and a beta of 0.97. 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 – Get Free Report) (TSE:CP) last announced its quarterly earnings data on Wednesday, January 29th. The transportation company reported $0.92 earnings per share 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 3.4 EPS for the current year.
Canadian Pacific Kansas City Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be issued a $0.1318 dividend. This represents a $0.53 annualized dividend and a 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 currently 18.62%.
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.
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