158,410 Shares in Canadian Pacific Kansas City Limited (NYSE:CP) Bought by Dilation Capital Management LP

Dilation Capital Management LP acquired a new stake in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 158,410 shares of the transportation company's stock, valued at approximately $11,464,000. Canadian Pacific Kansas City comprises about 10.7% of Dilation Capital Management LP's investment portfolio, making the stock its largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in CP. Kestra Investment Management LLC acquired a new position in Canadian Pacific Kansas City in the 4th quarter valued at approximately $33,000. Stonebridge Financial Group LLC acquired a new stake in Canadian Pacific Kansas City in the fourth quarter valued at $34,000. YANKCOM Partnership bought a new position in Canadian Pacific Kansas City during the 4th quarter worth $36,000. Millstone Evans Group LLC acquired a new position in Canadian Pacific Kansas City during the 4th quarter worth about $36,000. Finally, Curio Wealth LLC bought a new stake in shares of Canadian Pacific Kansas City in the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on CP. Susquehanna cut their price objective on Canadian Pacific Kansas City from $90.00 to $88.00 and set a "positive" rating on the stock in a research note on Thursday, March 27th. Wolfe Research upgraded Canadian Pacific Kansas City from a "peer perform" rating to an "outperform" rating and set a $86.00 target price on the stock in a research report on Wednesday, January 8th. Jefferies Financial Group lowered their target price on Canadian Pacific Kansas City from $100.00 to $90.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Barclays cut their price target on Canadian Pacific Kansas City from $91.00 to $87.00 and set an "overweight" rating on the stock in a report on Wednesday, April 2nd. Finally, Stifel Nicolaus lowered their price objective on shares of Canadian Pacific Kansas City from $85.00 to $79.00 and set a "hold" rating for the company in a research note on Monday, April 14th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat.com, Canadian Pacific Kansas City has an average rating of "Moderate Buy" and an average price target of $91.16.

Canadian Pacific Kansas City Stock Up 0.2 %

Canadian Pacific Kansas City stock opened at $73.04 on Friday. The firm has a 50 day moving average price of $73.83 and a 200-day moving average price of $75.67. Canadian Pacific Kansas City Limited has a twelve month low of $66.49 and a twelve month high of $87.72. The company has a market capitalization of $67.95 billion, a P/E ratio of 25.19, a P/E/G ratio of 2.00 and a beta of 1.01. 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 - Get Free Report) TSE: CP last released its quarterly earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share for the quarter, beating 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, equities analysts predict 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 declared a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.1318 per share. This represents a $0.53 annualized dividend and a yield of 0.72%. The ex-dividend date is Friday, March 28th. Canadian Pacific Kansas City's dividend payout ratio (DPR) is currently 17.93%.

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.