Canadian Pacific Kansas City Limited (NYSE:CP) Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC lessened its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 6.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,333 shares of the transportation company’s stock after selling 223 shares during the period. Valeo Financial Advisors LLC’s holdings in Canadian Pacific Kansas City were worth $264,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Janiczek Wealth Management LLC grew its position in shares of Canadian Pacific Kansas City by 47.1% during the 4th quarter. Janiczek Wealth Management LLC now owns 2,244 shares of the transportation company’s stock valued at $177,000 after buying an additional 719 shares during the last quarter. Cerity Partners LLC raised its position in shares of Canadian Pacific Kansas City by 25.8% during the 4th quarter. Cerity Partners LLC now owns 39,053 shares of the transportation company’s stock worth $3,087,000 after purchasing an additional 8,002 shares during the period. Financial Counselors Inc. boosted its position in Canadian Pacific Kansas City by 10.5% during the 4th quarter. Financial Counselors Inc. now owns 142,301 shares of the transportation company’s stock valued at $11,250,000 after purchasing an additional 13,466 shares during the period. Harbor Investment Advisory LLC grew its stake in Canadian Pacific Kansas City by 17.2% during the 4th quarter. Harbor Investment Advisory LLC now owns 1,707 shares of the transportation company’s stock worth $136,000 after buying an additional 250 shares during the last quarter. Finally, Executive Wealth Management LLC increased its position in Canadian Pacific Kansas City by 25.1% in the fourth quarter. Executive Wealth Management LLC now owns 21,830 shares of the transportation company’s stock worth $1,726,000 after buying an additional 4,385 shares during the period. Institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CP shares. Susquehanna lowered their price target on shares of Canadian Pacific Kansas City from $85.00 to $84.00 and set a “neutral” rating for the company in a research report on Thursday, March 28th. Susquehanna Bancshares cut Canadian Pacific Kansas City from a “positive” rating to a “neutral” rating and cut their price target for the company from $90.00 to $87.00 in a report on Monday, January 8th. Barclays increased their price objective on Canadian Pacific Kansas City from $90.00 to $96.00 and gave the stock an “overweight” rating in a report on Thursday, April 4th. Bank of America lifted their target price on Canadian Pacific Kansas City from $87.00 to $97.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Finally, Benchmark reissued a “hold” rating on shares of Canadian Pacific Kansas City in a research note on Wednesday, April 10th. Twelve equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $95.29.

Canadian Pacific Kansas City Trading Down 0.6 %

Shares of NYSE CP opened at $85.52 on Tuesday. The business has a fifty day simple moving average of $87.17 and a 200-day simple moving average of $79.21. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.46. The company has a market cap of $79.76 billion, a price-to-earnings ratio of 27.24, a P/E/G ratio of 2.20 and a beta of 0.94. Canadian Pacific Kansas City Limited has a 12 month low of $68.92 and a 12 month high of $91.58.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its quarterly earnings data on Tuesday, January 30th. The transportation company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.04. Canadian Pacific Kansas City had a net margin of 31.29% and a return on equity of 8.52%. The firm had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.71 billion. Sell-side analysts predict that Canadian Pacific Kansas City Limited will post 3.21 EPS for the current year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, March 28th will be paid a $0.1415 dividend. This is an increase from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a yield of 0.66%. The ex-dividend date is Wednesday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio is currently 17.83%.

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.