Leavell Investment Management Inc. Sells 10,000 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Leavell Investment Management Inc. trimmed its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 73.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,607 shares of the transportation company's stock after selling 10,000 shares during the period. Leavell Investment Management Inc.'s holdings in Canadian Pacific Kansas City were worth $262,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Tower View Wealth Management LLC grew its stake in shares of Canadian Pacific Kansas City by 0.3% during the third quarter. Tower View Wealth Management LLC now owns 51,550 shares of the transportation company's stock valued at $4,410,000 after purchasing an additional 130 shares during the last quarter. Trust Co. of Vermont raised its holdings in shares of Canadian Pacific Kansas City by 4.7% during the third quarter. Trust Co. of Vermont now owns 3,037 shares of the transportation company's stock worth $260,000 after acquiring an additional 135 shares during the period. Pinnacle Bancorp Inc. raised its holdings in shares of Canadian Pacific Kansas City by 13.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,250 shares of the transportation company's stock worth $90,000 after acquiring an additional 150 shares during the period. Forte Capital LLC ADV raised its holdings in shares of Canadian Pacific Kansas City by 2.4% during the third quarter. Forte Capital LLC ADV now owns 7,415 shares of the transportation company's stock worth $634,000 after acquiring an additional 173 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in 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 buying an additional 175 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Canadian Pacific Kansas City Stock Performance

NYSE CP traded up $0.78 on Tuesday, hitting $78.30. 562,580 shares of the stock traded hands, compared to its average volume of 3,123,716. The business's fifty day moving average is $75.78 and its two-hundred day moving average is $78.58. Canadian Pacific Kansas City Limited has a 12 month low of $70.89 and a 12 month high of $91.58. The firm has a market capitalization of $73.10 billion, a price-to-earnings ratio of 27.01, a PEG ratio of 2.02 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.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last announced its quarterly earnings data 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 anticipate that Canadian Pacific Kansas City Limited will post 3.4 EPS for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be issued a $0.1318 dividend. This represents a $0.53 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Friday, March 28th. Canadian Pacific Kansas City's payout ratio is currently 18.62%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Citigroup lifted their price target on shares of Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. StockNews.com downgraded shares of Canadian Pacific Kansas City from a "hold" rating to a "sell" rating in a report on Wednesday, December 25th. Stephens boosted their price objective on shares of Canadian Pacific Kansas City from $88.00 to $92.00 and gave the company an "overweight" rating in a report on Thursday, January 30th. Benchmark restated a "hold" rating on shares of Canadian Pacific Kansas City in a research report on Thursday, January 30th. Finally, Stifel Nicolaus dropped their target price on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a "hold" rating for the company in a research report on Thursday, January 16th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, Canadian Pacific Kansas City has a consensus rating of "Moderate Buy" and an average target price of $95.45.

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.