Keith E. Creel Sells 59,925 Shares of Canadian Pacific Kansas City Limited (TSE:CP) Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer Keith E. Creel sold 59,925 shares of the stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total transaction of C$7,162,691.43.

Canadian Pacific Kansas City Stock Performance

Shares of Canadian Pacific Kansas City stock opened at C$118.57 on Friday. The company has a debt-to-equity ratio of 53.85, a current ratio of 0.53 and a quick ratio of 0.42. The firm has a market cap of C$110.57 billion, a P/E ratio of 28.16, a P/E/G ratio of 2.32 and a beta of 0.75. The firm has a 50 day simple moving average of C$117.83 and a 200 day simple moving average of C$107.01. Canadian Pacific Kansas City Limited has a fifty-two week low of C$94.45 and a fifty-two week high of C$123.37.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings results on Tuesday, January 30th. The company reported C$1.18 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.12 by C$0.06. The business had revenue of C$3.78 billion during the quarter, compared to analyst estimates of C$3.66 billion. Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%. Sell-side analysts predict that Canadian Pacific Kansas City Limited will post 4.3864556 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 29th. Shareholders of record on Thursday, March 28th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date is Wednesday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio is presently 18.05%.

Analyst Ratings Changes

CP has been the subject of several recent research reports. CIBC increased their price target on shares of Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 27th. National Bankshares increased their price target on shares of Canadian Pacific Kansas City from C$112.00 to C$121.00 in a research report on Thursday, April 4th. Raymond James increased their price target on shares of Canadian Pacific Kansas City from C$116.00 to C$120.00 in a research report on Monday, January 22nd. TD Securities increased their price target on shares of Canadian Pacific Kansas City from C$110.00 to C$115.00 and gave the stock a “hold” rating in a research report on Wednesday, January 31st. Finally, BMO Capital Markets upped their price objective on shares of Canadian Pacific Kansas City from C$125.00 to C$133.00 in a research note on Monday. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$119.44.

About Canadian Pacific Kansas City

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.