Insider Selling: Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells 2,900 Shares of Stock

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the business's stock in a transaction on Monday, December 16th. The shares were sold at an average price of C$106.10, for a total transaction of C$307,694.64.

Canadian Pacific Kansas City Price Performance

Shares of Canadian Pacific Kansas City stock traded down C$0.50 during midday trading on Tuesday, hitting C$105.19. 1,619,539 shares of the company were exchanged, compared to its average volume of 1,329,833. The firm has a 50 day simple moving average of C$107.88 and a 200-day simple moving average of C$109.70. Canadian Pacific Kansas City Limited has a 52 week low of C$101.26 and a 52 week high of C$123.37. The firm has a market cap of C$98.15 billion, a P/E ratio of 28.20, a PEG ratio of 2.32 and a beta of 0.79. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Monday, January 27th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City's dividend payout ratio (DPR) is currently 20.38%.

Wall Street Analysts Forecast Growth

CP has been the subject of several recent research reports. ATB Capital increased their price objective on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. JPMorgan Chase & Co. upped their target price on Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 8th. Citigroup set a C$97.00 price target on Canadian Pacific Kansas City and gave the company a "buy" rating in a report on Wednesday, October 9th. Sanford C. Bernstein dropped their price objective on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a report on Wednesday, October 9th. Finally, Barclays raised their price objective on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a "buy" rating in a research report on Wednesday, September 25th. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Canadian Pacific Kansas City presently has an average rating of "Moderate Buy" and a consensus target price of C$121.43.

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.