Pathway Financial Advisers LLC Decreases Position in Canadian Pacific Kansas City Limited (NYSE:CP)

Pathway Financial Advisers LLC trimmed its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 98.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,208 shares of the transportation company's stock after selling 101,987 shares during the quarter. Pathway Financial Advisers LLC's holdings in Canadian Pacific Kansas City were worth $87,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CP. Addison Advisors LLC boosted its holdings 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 worth $34,000 after purchasing an additional 279 shares in the last quarter. FSA Wealth Management LLC purchased a new stake in Canadian Pacific Kansas City during the 3rd quarter valued at about $34,000. Stonebridge Financial Group LLC purchased a new stake in Canadian Pacific Kansas City during the 4th quarter valued at about $34,000. YANKCOM Partnership purchased a new stake in Canadian Pacific Kansas City during the 4th quarter valued at about $36,000. Finally, Asset Dedication LLC purchased a new stake in Canadian Pacific Kansas City during the 3rd quarter valued at about $38,000. 72.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. StockNews.com cut Canadian Pacific Kansas City from a "hold" rating to a "sell" rating in a report on Wednesday, December 25th. Susquehanna lowered their price target on Canadian Pacific Kansas City from $92.00 to $90.00 and set a "positive" rating for the company in a research report on Wednesday, January 8th. Wells Fargo & Company lowered their price target on Canadian Pacific Kansas City from $92.00 to $90.00 and set an "overweight" rating for the company in a research report on Tuesday, January 7th. Benchmark reaffirmed a "hold" rating on shares of Canadian Pacific Kansas City in a research report on Thursday, January 30th. Finally, Loop Capital lowered Canadian Pacific Kansas City from a "buy" rating to a "sell" rating in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $95.45.

Canadian Pacific Kansas City Stock Performance

NYSE CP traded down $0.75 on Monday, hitting $77.53. 1,443,172 shares of the company traded hands, compared to its average volume of 3,555,155. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42. The business's 50 day moving average price is $75.74 and its 200-day moving average price is $78.60. The company has a market capitalization of $72.38 billion, a price-to-earnings ratio of 26.73, a P/E/G ratio of 2.02 and a beta of 0.97. Canadian Pacific Kansas City Limited has a 52-week low of $70.89 and a 52-week high of $91.58.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last issued its earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. Equities analysts expect that Canadian Pacific Kansas City Limited will post 3.4 earnings per share for the current year.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 28th will be given a dividend of $0.1318 per share. The ex-dividend date is Friday, March 28th. This represents a $0.53 annualized dividend and a dividend yield of 0.68%. Canadian Pacific Kansas City's dividend payout ratio (DPR) is presently 18.62%.

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.