Canadian Pacific Kansas City Limited (NYSE:CP) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC increased its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 5.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 727,508 shares of the transportation company's stock after buying an additional 38,705 shares during the period. Natixis Advisors LLC owned about 0.08% of Canadian Pacific Kansas City worth $62,231,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its position in Canadian Pacific Kansas City by 1.7% in the first quarter. Vanguard Group Inc. now owns 34,926,548 shares of the transportation company's stock worth $3,079,474,000 after buying an additional 588,701 shares during the last quarter. Bank of Montreal Can increased its holdings in Canadian Pacific Kansas City by 2.8% in the 2nd quarter. Bank of Montreal Can now owns 19,932,768 shares of the transportation company's stock worth $1,580,556,000 after acquiring an additional 533,792 shares during the last quarter. 1832 Asset Management L.P. raised its stake in Canadian Pacific Kansas City by 5.5% in the 2nd quarter. 1832 Asset Management L.P. now owns 13,821,347 shares of the transportation company's stock valued at $1,088,155,000 after acquiring an additional 723,188 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Canadian Pacific Kansas City by 1.9% during the second quarter. The Manufacturers Life Insurance Company now owns 11,568,212 shares of the transportation company's stock valued at $909,721,000 after purchasing an additional 216,062 shares during the last quarter. Finally, Clearbridge Investments LLC boosted its position in Canadian Pacific Kansas City by 8.2% during the first quarter. Clearbridge Investments LLC now owns 8,203,273 shares of the transportation company's stock worth $723,523,000 after purchasing an additional 622,106 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Canadian Pacific Kansas City Stock Down 2.5 %

Shares of Canadian Pacific Kansas City stock traded down $1.88 during trading on Friday, hitting $73.99. 4,003,825 shares of the stock traded hands, compared to its average volume of 2,842,437. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42. The stock's fifty day simple moving average is $81.44 and its 200 day simple moving average is $80.64. The firm has a market cap of $69.06 billion, a P/E ratio of 26.43, a price-to-earnings-growth ratio of 2.20 and a beta of 0.98. Canadian Pacific Kansas City Limited has a 52-week low of $69.27 and a 52-week high of $91.58.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last issued its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $0.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.01 by ($0.02). Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 24.50%. The firm had revenue of $3.55 billion during the quarter, compared to analysts' expectations of $3.59 billion. During the same period in the previous year, the firm earned $0.69 EPS. The firm's quarterly revenue was up 6.3% on a year-over-year basis. On average, equities analysts predict that Canadian Pacific Kansas City Limited will post 3.05 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Friday, December 27th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend is Friday, December 27th. This is an increase from Canadian Pacific Kansas City's previous quarterly dividend of $0.14. Canadian Pacific Kansas City's dividend payout ratio is 19.64%.

Analyst Ratings Changes

A number of analysts recently commented on CP shares. Benchmark restated a "hold" rating on shares of Canadian Pacific Kansas City in a research note on Thursday, October 24th. Citigroup dropped their target price on Canadian Pacific Kansas City from $98.00 to $91.00 and set a "buy" rating on the stock in a research report on Tuesday, November 12th. Stifel Nicolaus cut their price target on Canadian Pacific Kansas City from $83.00 to $82.00 and set a "hold" rating for the company in a report on Friday, October 11th. Evercore ISI boosted their price objective on Canadian Pacific Kansas City from $89.00 to $91.00 and gave the company an "outperform" rating in a research note on Wednesday, September 25th. Finally, Susquehanna upgraded Canadian Pacific Kansas City from a "neutral" rating to a "positive" rating and cut their target price for the stock from $94.00 to $92.00 in a research note on Thursday, October 24th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $93.68.

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.