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Canadian Pacific Kansas City Limited (NYSE:CP) Shares Sold by Personal CFO Solutions LLC

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Personal CFO Solutions LLC lessened its holdings in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 15.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 17,314 shares of the transportation company's stock after selling 3,244 shares during the period. Personal CFO Solutions LLC's holdings in Canadian Pacific Kansas City were worth $1,253,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of CP. Allspring Global Investments Holdings LLC increased its stake in Canadian Pacific Kansas City by 281.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 3,433,669 shares of the transportation company's stock worth $252,912,000 after buying an additional 2,532,519 shares in the last quarter. National Bank of Canada FI boosted its holdings in shares of Canadian Pacific Kansas City by 84.4% during the 3rd quarter. National Bank of Canada FI now owns 2,945,383 shares of the transportation company's stock valued at $251,778,000 after purchasing an additional 1,348,474 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Canadian Pacific Kansas City during the 4th quarter valued at about $74,168,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in shares of Canadian Pacific Kansas City by 36.6% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 2,869,584 shares of the transportation company's stock valued at $245,403,000 after purchasing an additional 769,202 shares during the last quarter. Finally, Point72 Asset Management L.P. bought a new position in shares of Canadian Pacific Kansas City during the 3rd quarter valued at about $63,179,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

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Analyst Upgrades and Downgrades

Several research analysts have commented on CP shares. Citigroup increased their price objective on shares of Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Susquehanna lowered their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a "positive" rating for the company in a report on Wednesday, January 8th. Stifel Nicolaus lowered their price target on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a "hold" rating for the company in a report on Thursday, January 16th. Royal Bank of Canada increased their price target on shares of Canadian Pacific Kansas City from $124.00 to $128.00 and gave the company an "outperform" rating in a report on Thursday, January 30th. Finally, Wolfe Research raised shares of Canadian Pacific Kansas City from a "peer perform" rating to an "outperform" rating and set a $86.00 price target for the company in a report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $95.45.

Check Out Our Latest Stock Report on CP

Canadian Pacific Kansas City Trading Down 0.9 %

Shares of NYSE:CP traded down $0.70 during trading on Friday, reaching $77.69. 3,049,057 shares of the company were exchanged, compared to its average volume of 2,962,722. The firm has a market capitalization of $72.54 billion, a PE ratio of 26.79, a P/E/G ratio of 2.00 and a beta of 0.98. The business's fifty day simple moving average is $76.81 and its 200-day simple moving average is $78.48. Canadian Pacific Kansas City Limited has a 12-month low of $70.89 and a 12-month high of $91.58. 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 issued its earnings results on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, topping 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%. On average, research analysts anticipate that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current year.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be issued a dividend of $0.1318 per share. This represents a $0.53 annualized dividend and a yield of 0.68%. The ex-dividend date is Friday, March 28th. Canadian Pacific Kansas City's payout ratio is 17.93%.

Canadian Pacific Kansas City Company Profile

(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.

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Institutional Ownership by Quarter for Canadian Pacific Kansas City (NYSE:CP)

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