Canadian Pacific Kansas City Limited (NYSE:CP) Shares Sold by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC lowered its stake in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 74.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,692 shares of the transportation company's stock after selling 52,495 shares during the quarter. Exencial Wealth Advisors LLC's holdings in Canadian Pacific Kansas City were worth $1,280,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of CP. JPMorgan Chase & Co. grew its holdings in shares of Canadian Pacific Kansas City by 4.5% during the third quarter. JPMorgan Chase & Co. now owns 8,768,362 shares of the transportation company's stock worth $750,046,000 after buying an additional 381,594 shares in the last quarter. Franklin Resources Inc. boosted its position in Canadian Pacific Kansas City by 9.7% during the third quarter. Franklin Resources Inc. now owns 6,096,341 shares of the transportation company's stock worth $501,219,000 after acquiring an additional 537,418 shares during the last quarter. Fiera Capital Corp grew its stake in Canadian Pacific Kansas City by 1.9% in the 3rd quarter. Fiera Capital Corp now owns 5,814,277 shares of the transportation company's stock worth $497,918,000 after acquiring an additional 107,183 shares during the period. Rothschild & Co Wealth Management UK Ltd raised its holdings in Canadian Pacific Kansas City by 1.7% in the 4th quarter. Rothschild & Co Wealth Management UK Ltd now owns 5,094,113 shares of the transportation company's stock valued at $368,661,000 after acquiring an additional 85,542 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Canadian Pacific Kansas City by 7.8% during the 3rd quarter. Geode Capital Management LLC now owns 4,332,357 shares of the transportation company's stock worth $373,540,000 after purchasing an additional 313,298 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

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Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Loop Capital downgraded Canadian Pacific Kansas City from a "buy" rating to a "sell" rating in a research report on Monday, February 3rd. Susquehanna lowered their price target on Canadian Pacific Kansas City from $92.00 to $90.00 and set a "positive" rating for the company in a report on Wednesday, January 8th. Benchmark reiterated a "hold" rating on shares of Canadian Pacific Kansas City in a report on Thursday, January 30th. Citigroup raised their target price on shares of Canadian Pacific Kansas City from $88.00 to $91.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Finally, Royal Bank of Canada upped their price target on shares of Canadian Pacific Kansas City from $124.00 to $128.00 and gave the stock an "outperform" rating in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $95.45.

Canadian Pacific Kansas City Stock Down 0.9 %

NYSE:CP traded down $0.70 during mid-day trading on Friday, hitting $77.69. The company had a trading volume of 3,049,057 shares, compared to its average volume of 2,962,722. Canadian Pacific Kansas City Limited has a 1 year low of $70.89 and a 1 year high of $91.58. The business has a fifty day simple moving average of $76.81 and a 200-day simple moving average of $78.49. 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 $72.54 billion, a price-to-earnings ratio of 26.79, a PEG ratio of 2.00 and a beta of 0.98.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last announced its earnings results on Wednesday, January 29th. The transportation company reported $0.92 EPS 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%. Equities analysts forecast that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders 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 dividend yield of 0.68%. Canadian Pacific Kansas City's dividend payout ratio (DPR) is presently 17.93%.

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.