Vanderbilt University Has $4.98 Million Position in Canadian Pacific Kansas City Limited (NYSE:CP)

Vanderbilt University grew its position in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 38.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 58,203 shares of the transportation company's stock after purchasing an additional 16,189 shares during the period. Canadian Pacific Kansas City makes up approximately 0.9% of Vanderbilt University's holdings, making the stock its 19th biggest position. Vanderbilt University's holdings in Canadian Pacific Kansas City were worth $4,983,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CP. Vanguard Group Inc. lifted its stake in shares of Canadian Pacific Kansas City by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 34,926,548 shares of the transportation company's stock worth $3,079,474,000 after acquiring an additional 588,701 shares during the period. TD Asset Management Inc lifted its stake in shares of Canadian Pacific Kansas City by 2.5% in the 1st quarter. TD Asset Management Inc now owns 21,703,229 shares of the transportation company's stock worth $1,915,196,000 after acquiring an additional 532,303 shares during the period. Bank of Montreal Can lifted its stake in shares of Canadian Pacific Kansas City by 2.8% in the 2nd quarter. Bank of Montreal Can now owns 19,932,768 shares of the transportation company's stock worth $1,580,556,000 after acquiring an additional 533,792 shares during the period. 1832 Asset Management L.P. lifted its stake in shares of Canadian Pacific Kansas City by 5.5% in the 2nd quarter. 1832 Asset Management L.P. now owns 13,821,347 shares of the transportation company's stock worth $1,088,155,000 after acquiring an additional 723,188 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Canadian Pacific Kansas City by 1.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,568,212 shares of the transportation company's stock worth $909,721,000 after acquiring an additional 216,062 shares during the period. Institutional investors own 72.20% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Barclays upped their price target on shares of Canadian Pacific Kansas City from $95.00 to $97.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 25th. Evercore ISI upped their price target on shares of Canadian Pacific Kansas City from $89.00 to $91.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 25th. Scotiabank raised shares of Canadian Pacific Kansas City from a "sector perform" rating to a "sector outperform" rating in a research note on Wednesday, July 10th. Stephens cut their target price on shares of Canadian Pacific Kansas City from $85.00 to $81.00 and set an "equal weight" rating for the company in a research note on Monday. Finally, Sanford C. Bernstein cut their target price on shares of Canadian Pacific Kansas City from $91.98 to $91.25 and set a "market perform" rating for the company in a research note on Wednesday, October 9th. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, Canadian Pacific Kansas City has an average rating of "Moderate Buy" and a consensus price target of $94.15.

Canadian Pacific Kansas City Trading Up 1.0 %

Shares of NYSE:CP traded up $0.80 during mid-day trading on Monday, hitting $77.91. The stock had a trading volume of 2,388,527 shares, compared to its average volume of 2,108,422. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.44 and a current ratio of 0.51. The company has a market cap of $72.69 billion, a PE ratio of 24.97, a P/E/G ratio of 2.21 and a beta of 0.96. Canadian Pacific Kansas City Limited has a 12-month low of $69.08 and a 12-month high of $91.58. The company's 50 day moving average is $82.83 and its 200-day moving average is $81.24.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last issued its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $0.99 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.02). The firm had revenue of $3.55 billion during the quarter, compared to analysts' expectations of $3.59 billion. Canadian Pacific Kansas City had a net margin of 24.45% and a return on equity of 8.77%. The firm's revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.69 EPS. On average, sell-side analysts predict that Canadian Pacific Kansas City Limited will post 3.2 EPS for the current year.

Canadian Pacific Kansas City Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, December 27th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, December 27th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.72%. This is a positive change from Canadian Pacific Kansas City's previous quarterly dividend of $0.14. Canadian Pacific Kansas City's dividend payout ratio (DPR) is 17.95%.

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.