GPM Growth Investors Inc. Has $2.99 Million Holdings in Canadian Pacific Kansas City Limited (NYSE:CP)

GPM Growth Investors Inc. decreased its position in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 31.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 41,300 shares of the transportation company's stock after selling 18,559 shares during the period. Canadian Pacific Kansas City comprises about 1.3% of GPM Growth Investors Inc.'s investment portfolio, making the stock its 28th biggest holding. GPM Growth Investors Inc.'s holdings in Canadian Pacific Kansas City were worth $2,989,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kestra Investment Management LLC acquired a new stake in shares of Canadian Pacific Kansas City in the 4th quarter valued at $33,000. Addison Advisors LLC lifted its stake in shares of Canadian Pacific Kansas City by 246.9% in the 3rd quarter. Addison Advisors LLC now owns 392 shares of the transportation company's stock valued at $34,000 after purchasing an additional 279 shares during the last quarter. FSA Wealth Management LLC acquired a new stake in shares of Canadian Pacific Kansas City in the 3rd quarter valued at $34,000. Stonebridge Financial Group LLC acquired a new stake in shares of Canadian Pacific Kansas City in the 4th quarter valued at $34,000. Finally, YANKCOM Partnership acquired a new stake in shares of Canadian Pacific Kansas City in the 4th quarter valued at $36,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CP. 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. Susquehanna dropped their target price on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a "positive" rating on the stock in a report on Wednesday, January 8th. Barclays dropped their target price on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an "overweight" rating on the stock in a report on Friday, January 17th. Stephens lifted their target price on shares of Canadian Pacific Kansas City from $88.00 to $92.00 and gave the stock an "overweight" rating in a report on Thursday, January 30th. Finally, StockNews.com downgraded shares of Canadian Pacific Kansas City from a "hold" rating to a "sell" rating in a report on Wednesday, December 25th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $95.45.

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Canadian Pacific Kansas City Price Performance

NYSE CP traded down $0.70 on Friday, reaching $77.69. The company's stock had a trading volume of 3,049,057 shares, compared to its average volume of 2,962,722. The firm has a market cap of $72.54 billion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 2.00 and a beta of 0.98. The business has a 50-day moving average price of $76.81 and a 200 day moving average price of $78.49. Canadian Pacific Kansas City Limited has a 52 week low of $70.89 and a 52 week high of $91.58. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42.

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 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%. Sell-side analysts expect that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 28th will be given a $0.1318 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.53 dividend on an annualized basis and a yield of 0.68%. Canadian Pacific Kansas City's dividend payout ratio (DPR) is presently 17.93%.

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.