Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP Senior Officer Keith E. Creel sold 51,727 shares of the firm's stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of C$104.91, for a total transaction of C$5,426,615.01.
Canadian Pacific Kansas City Stock Down 1.0 %
Shares of Canadian Pacific Kansas City stock traded down C$1.05 during trading hours on Friday, hitting C$104.58. The company had a trading volume of 681,568 shares, compared to its average volume of 1,343,109. The company has a debt-to-equity ratio of 50.47, a current ratio of 0.51 and a quick ratio of 0.42. The company's 50-day moving average is C$106.77 and its two-hundred day moving average is C$109.57. The company has a market cap of C$97.59 billion, a P/E ratio of 28.04, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City Limited has a twelve month low of C$101.76 and a twelve month high of C$123.37.
Canadian Pacific Kansas City Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Monday, January 27th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.73%. 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
A number of brokerages recently issued reports on CP. Royal Bank of Canada lowered their price target on Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an "outperform" rating for the company in a report on Thursday, October 24th. Desjardins lowered their target price on Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a "buy" rating for the company in a report on Thursday, October 24th. Citigroup set a C$97.00 price target on Canadian Pacific Kansas City and gave the company a "buy" rating in a research note on Wednesday, October 9th. JPMorgan Chase & Co. raised their price objective on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 8th. Finally, Barclays increased their price target on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a "buy" rating in a research note on Wednesday, September 25th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Canadian Pacific Kansas City has an average rating of "Moderate Buy" and a consensus price target of C$121.43.
Get Our Latest Analysis on CP
Canadian Pacific Kansas City Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Canadian Pacific Kansas City, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canadian Pacific Kansas City wasn't on the list.
While Canadian Pacific Kansas City currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.