Geneos Wealth Management Inc. Takes Position in Canadian Pacific Kansas City Limited (NYSE:CP)

Geneos Wealth Management Inc. acquired a new stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,749 shares of the transportation company's stock, valued at approximately $344,000.

Other institutional investors also recently modified their holdings of the company. Grove Bank & Trust lifted its holdings in shares of Canadian Pacific Kansas City by 56.0% in the third quarter. Grove Bank & Trust now owns 362 shares of the transportation company's stock worth $31,000 after buying an additional 130 shares in the last quarter. Addison Advisors LLC increased its stake in Canadian Pacific Kansas City by 246.9% in the 3rd quarter. Addison Advisors LLC now owns 392 shares of the transportation company's stock worth $34,000 after acquiring an additional 279 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in shares of Canadian Pacific Kansas City in the 3rd quarter valued at about $34,000. Asset Dedication LLC bought a new stake in shares of Canadian Pacific Kansas City during the 3rd quarter valued at about $38,000. Finally, Kennebec Savings Bank purchased a new position in shares of Canadian Pacific Kansas City during the third quarter worth about $42,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CP. Stifel Nicolaus cut their price target on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a "hold" rating for the company in a research note on Thursday, January 16th. Benchmark reaffirmed a "hold" rating on shares of Canadian Pacific Kansas City in a research note on Thursday. Barclays dropped their price objective on 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. Wolfe Research upgraded shares of Canadian Pacific Kansas City from a "peer perform" rating to an "outperform" rating and set a $86.00 price objective on the stock in a research report on Wednesday, January 8th. Finally, Susquehanna dropped their target price on shares of 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $95.45.

Canadian Pacific Kansas City Stock Performance

Shares of NYSE:CP traded up $2.54 during trading on Thursday, hitting $81.38. The stock had a trading volume of 2,153,839 shares, compared to its average volume of 2,897,624. Canadian Pacific Kansas City Limited has a 12-month low of $70.89 and a 12-month high of $91.58. The stock has a 50-day simple moving average of $75.25 and a two-hundred day simple moving average of $79.04. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $75.97 billion, a price-to-earnings ratio of 29.06, a price-to-earnings-growth ratio of 2.01 and a beta of 0.96.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last posted its earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a net margin of 24.50% and a return on equity of 8.78%. On average, equities research analysts expect that Canadian Pacific Kansas City Limited will post 3 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Company 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.