Canadian Pacific Kansas City Limited (NYSE:CP) Shares Bought by Cantillon Capital Management LLC

Cantillon Capital Management LLC boosted its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 0.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,725,023 shares of the transportation company’s stock after buying an additional 19,871 shares during the quarter. Canadian Pacific Kansas City accounts for 1.6% of Cantillon Capital Management LLC’s investment portfolio, making the stock its 28th largest position. Cantillon Capital Management LLC’s holdings in Canadian Pacific Kansas City were worth $269,580,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in CP. Pinnacle Bancorp Inc. raised its holdings in shares of Canadian Pacific Kansas City by 13.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,250 shares of the transportation company’s stock valued at $90,000 after purchasing an additional 150 shares in the last quarter. Wiser Advisor Group LLC raised its holdings in shares of Canadian Pacific Kansas City by 9.5% in the 4th quarter. Wiser Advisor Group LLC now owns 1,732 shares of the transportation company’s stock valued at $125,000 after purchasing an additional 150 shares in the last quarter. BKM Wealth Management LLC raised its holdings in shares of Canadian Pacific Kansas City by 2.2% in the 4th quarter. BKM Wealth Management LLC now owns 7,267 shares of the transportation company’s stock valued at $526,000 after purchasing an additional 158 shares in the last quarter. Forte Capital LLC ADV raised its holdings in shares of Canadian Pacific Kansas City by 2.4% in the 3rd quarter. Forte Capital LLC ADV now owns 7,415 shares of the transportation company’s stock valued at $634,000 after purchasing an additional 173 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Canadian Pacific Kansas City by 12.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,632 shares of the transportation company’s stock valued at $118,000 after purchasing an additional 175 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Stock Up 1.7 %

CP stock opened at $77.85 on Friday. Canadian Pacific Kansas City Limited has a one year low of $70.89 and a one year high of $91.58. The stock has a market capitalization of $72.69 billion, a PE ratio of 26.85, a price-to-earnings-growth ratio of 2.00 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. The company has a fifty day moving average of $76.46 and a 200-day moving average of $78.57.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released 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 net margin of 25.51% and a return on equity of 8.86%. As a group, analysts expect that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be paid a $0.1318 dividend. This represents a $0.53 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 17.93%.

Analysts Set New Price Targets

CP has been the topic of a number of recent analyst reports. Susquehanna dropped 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, January 8th. StockNews.com downgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research report on Wednesday, December 25th. Benchmark reaffirmed a “hold” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, January 30th. Citigroup increased their target price on shares of Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. Finally, Wells Fargo & Company dropped 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 report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus 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.