Canadian Pacific Kansas City Limited (NYSE:CP) Shares Bought by Country Club Bank

Country Club Bank raised its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 4.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 81,858 shares of the transportation company's stock after purchasing an additional 3,571 shares during the period. Country Club Bank's holdings in Canadian Pacific Kansas City were worth $5,891,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. S&CO Inc. increased its position in shares of Canadian Pacific Kansas City by 183.3% during the third quarter. S&CO Inc. now owns 17,000 shares of the transportation company's stock worth $1,454,000 after purchasing an additional 11,000 shares in the last quarter. Swiss National Bank boosted its stake in Canadian Pacific Kansas City by 0.8% in the 3rd quarter. Swiss National Bank now owns 2,820,893 shares of the transportation company's stock worth $241,645,000 after purchasing an additional 23,000 shares in the last quarter. Oak Family Advisors LLC acquired a new position in Canadian Pacific Kansas City during the 4th quarter valued at approximately $262,000. Barclays PLC grew its holdings in shares of Canadian Pacific Kansas City by 2.8% during the third quarter. Barclays PLC now owns 2,929,642 shares of the transportation company's stock valued at $250,602,000 after buying an additional 81,111 shares during the last quarter. Finally, Toronto Dominion Bank increased its holdings in shares of Canadian Pacific Kansas City by 20.4% in the third quarter. Toronto Dominion Bank now owns 2,083,106 shares of the transportation company's stock valued at $178,189,000 after purchasing an additional 352,534 shares during the period. Institutional investors own 72.20% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on CP shares. Stephens upped 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. Bank of America decreased their price target on Canadian Pacific Kansas City from $94.00 to $91.00 and set a "buy" rating for the company in a report on Thursday, October 24th. Barclays decreased their target price on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an "overweight" rating for the company in a research note on Friday, January 17th. Royal Bank of Canada lifted their price objective on shares of Canadian Pacific Kansas City from $124.00 to $128.00 and gave the company an "outperform" rating in a report on Thursday, January 30th. Finally, Loop Capital lowered shares of Canadian Pacific Kansas City from a "buy" rating to a "sell" rating in a research note on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $95.45.

Canadian Pacific Kansas City Stock Down 1.5 %

NYSE:CP traded down $1.20 during midday trading on Friday, reaching $77.17. The company had a trading volume of 2,391,141 shares, compared to its average volume of 3,555,155. 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 firm has a market capitalization of $72.04 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 2.02 and a beta of 0.97. The stock's fifty day simple moving average is $75.54 and its 200-day simple moving average is $78.79. Canadian Pacific Kansas City Limited has a 12-month low of $70.89 and a 12-month high of $91.58.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last issued its quarterly earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.26. Canadian Pacific Kansas City had a net margin of 25.51% and a return on equity of 8.86%. On average, sell-side analysts anticipate that Canadian Pacific Kansas City Limited will post 3.4 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 28th will be paid a $0.1318 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.53 annualized dividend and a yield of 0.68%. Canadian Pacific Kansas City's dividend payout ratio is presently 18.62%.

Canadian Pacific Kansas City Profile

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.