Insider Selling: Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells 18,710 Shares of Stock

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP Senior Officer Laird Joseph Pitz sold 18,710 shares of the stock in a transaction on Friday, January 31st. The shares were sold at an average price of C$116.16, for a total value of C$2,173,430.39.

Canadian Pacific Kansas City Trading Down 1.6 %

CP stock traded down C$1.81 during mid-day trading on Friday, reaching C$110.20. The company had a trading volume of 1,624,843 shares, compared to its average volume of 1,553,018. The firm has a 50 day moving average of C$108.21 and a 200 day moving average of C$109.92. The company has a debt-to-equity ratio of 50.47, a current ratio of 0.51 and a quick ratio of 0.42. Canadian Pacific Kansas City Limited has a 12 month low of C$101.76 and a 12 month high of C$123.37. The company has a market capitalization of C$102.83 billion, a PE ratio of 29.54, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.69%. Canadian Pacific Kansas City's payout ratio is presently 20.38%.

Analyst Upgrades and Downgrades

CP has been the subject of a number of research analyst reports. Royal Bank of Canada lifted their target price on shares of Canadian Pacific Kansas City from C$124.00 to C$128.00 and gave the stock an "outperform" rating in a research report on Thursday, January 30th. UBS Group upped their price objective on Canadian Pacific Kansas City from C$127.00 to C$129.00 in a research report on Thursday, January 30th. Stephens upgraded Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th. Loop Capital cut shares of Canadian Pacific Kansas City from a "strong-buy" rating to a "strong sell" rating in a research note on Monday. Finally, Wolfe Research upgraded shares of Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, Canadian Pacific Kansas City currently has a consensus rating of "Moderate Buy" and an average target price of C$124.07.

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.