Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells C$1,664,359.45 in Stock

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP Senior Officer James Dominic Luther Clements sold 15,657 shares of the company's stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of C$106.30, for a total transaction of C$1,664,359.45.

Canadian Pacific Kansas City Stock Performance

Shares of Canadian Pacific Kansas City stock traded down C$3.18 during trading on Thursday, hitting C$102.25. 1,762,896 shares of the stock were exchanged, compared to its average volume of 1,332,726. The stock's fifty day moving average is C$107.76 and its 200 day moving average is C$109.67. The stock has a market cap of C$95.41 billion, a PE ratio of 27.41, 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 quick ratio of 0.42 and a current ratio of 0.51. Canadian Pacific Kansas City Limited has a 12 month low of C$101.76 and a 12 month high of C$123.37.

Canadian Pacific Kansas City Announces Dividend

The company 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 yield of 0.74%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City's payout ratio is currently 20.38%.

Analysts Set New Price Targets

CP has been the topic of several research reports. Susquehanna upgraded shares of Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a report on Thursday, October 24th. Royal Bank of Canada decreased their price target on shares of 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. National Bankshares raised 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 research report on Thursday, October 24th. Barclays upped their target price on Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the stock a "buy" rating in a research report on Wednesday, September 25th. Finally, Desjardins dropped their target price on Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a "buy" rating on the stock in a report on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of C$121.43.

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.