Canadian Pacific Kansas City (TSE:CP) Upgraded at Stephens

Stephens upgraded shares of Canadian Pacific Kansas City (TSE:CP - Free Report) NYSE: CP from a hold rating to a strong-buy rating in a research note issued to investors on Monday,Zacks.com reports.

CP has been the subject of several other reports. Royal Bank of Canada lowered their price objective on Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an "outperform" rating for the company in a research report on Thursday, October 24th. Sanford C. Bernstein reduced their target price on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a report on Wednesday, October 9th. Barclays upped their target price on 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. Susquehanna raised Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research report on Thursday, October 24th. Finally, National Bankshares increased their price objective on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the company a "sector perform" rating in a report on Thursday, October 24th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$124.38.

Canadian Pacific Kansas City Stock Down 1.1 %

Shares of CP stock traded down C$1.17 during trading on Monday, reaching C$109.63. The company's stock had a trading volume of 1,390,434 shares, compared to its average volume of 1,454,585. Canadian Pacific Kansas City has a 1-year low of C$101.76 and a 1-year high of C$123.37. The stock's 50-day moving average price is C$106.37 and its 200 day moving average price is C$109.62. The company has a market capitalization of C$102.30 billion, a price-to-earnings ratio of 29.39, a P/E/G 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Monday, January 27th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Friday, December 27th. Canadian Pacific Kansas City's dividend payout ratio is presently 20.38%.

Insider Activity at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer James Dominic Luther Clements sold 15,657 shares of Canadian Pacific Kansas City stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of C$106.30, for a total value of C$1,664,359.45. Also, Senior Officer Keith E. Creel sold 51,727 shares of the company's stock in a transaction on Monday, December 23rd. The stock was sold at an average price of C$104.91, for a total value of C$5,426,615.01. Over the last ninety days, insiders sold 70,284 shares of company stock worth $7,398,669. 0.03% of the stock is currently owned by insiders.

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.