Maren Capital LLC Boosts Stock Holdings in Canadian Pacific Kansas City Limited (NYSE:CP)

Maren Capital LLC grew its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 12.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,199,414 shares of the transportation company's stock after acquiring an additional 128,916 shares during the quarter. Canadian Pacific Kansas City comprises approximately 6.6% of Maren Capital LLC's portfolio, making the stock its 8th biggest position. Maren Capital LLC owned approximately 0.13% of Canadian Pacific Kansas City worth $86,802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of CP. Benjamin Edwards Inc. purchased a new stake in shares of Canadian Pacific Kansas City during the third quarter valued at $235,000. Quantinno Capital Management LP boosted its stake in shares of Canadian Pacific Kansas City by 10.0% during the 3rd quarter. Quantinno Capital Management LP now owns 48,544 shares of the transportation company's stock worth $4,156,000 after acquiring an additional 4,425 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Canadian Pacific Kansas City by 0.3% in the 3rd quarter. Wellington Management Group LLP now owns 2,281,281 shares of the transportation company's stock worth $195,326,000 after purchasing an additional 5,781 shares in the last quarter. Kovitz Investment Group Partners LLC raised its holdings in Canadian Pacific Kansas City by 74.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 10,432 shares of the transportation company's stock worth $892,000 after purchasing an additional 4,458 shares during the period. Finally, EP Wealth Advisors LLC purchased a new position in Canadian Pacific Kansas City during the third quarter valued at $221,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. StockNews.com cut Canadian Pacific Kansas City from a "hold" rating to a "sell" rating in a research report on Wednesday, December 25th. Jefferies Financial Group lowered their price target on shares of Canadian Pacific Kansas City from $100.00 to $90.00 and set a "buy" rating on the stock in a report on Wednesday. Loop Capital cut shares of Canadian Pacific Kansas City from a "buy" rating to a "sell" rating in a research note on Monday, February 3rd. Barclays lowered their target price on shares of Canadian Pacific Kansas City from $91.00 to $87.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 2nd. Finally, Wells Fargo & Company lowered their price target on Canadian Pacific Kansas City from $92.00 to $90.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, Canadian Pacific Kansas City has an average rating of "Moderate Buy" and a consensus price target of $93.55.

Canadian Pacific Kansas City Trading Up 3.4 %

Shares of Canadian Pacific Kansas City stock traded up $2.42 on Friday, reaching $73.63. The company had a trading volume of 4,606,826 shares, compared to its average volume of 2,689,768. The firm's 50-day moving average price is $74.62 and its two-hundred day moving average price is $76.25. Canadian Pacific Kansas City Limited has a 1 year low of $66.49 and a 1 year high of $88.31. The firm has a market cap of $68.74 billion, a price-to-earnings ratio of 25.39, a P/E/G ratio of 2.00 and a beta of 1.01. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last posted its quarterly earnings data 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%. As a group, research analysts predict 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 disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be given a $0.1318 dividend. This represents a $0.53 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend is Friday, March 28th. Canadian Pacific Kansas City's dividend payout ratio (DPR) is currently 17.93%.

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.