Rathbones Group PLC Grows Position in Canadian Pacific Kansas City Limited (NYSE:CP)

Rathbones Group PLC grew its holdings in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 12.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,395,281 shares of the transportation company's stock after purchasing an additional 158,563 shares during the quarter. Rathbones Group PLC owned 0.15% of Canadian Pacific Kansas City worth $100,976,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Kestra Investment Management LLC acquired a new stake in Canadian Pacific Kansas City in the 4th quarter valued at about $33,000. Stonebridge Financial Group LLC acquired a new stake in Canadian Pacific Kansas City in the fourth quarter valued at approximately $34,000. YANKCOM Partnership purchased a new position in Canadian Pacific Kansas City in the fourth quarter worth approximately $36,000. Millstone Evans Group LLC acquired a new position in Canadian Pacific Kansas City during the 4th quarter worth approximately $36,000. Finally, Curio Wealth LLC purchased a new stake in shares of Canadian Pacific Kansas City in the 4th quarter valued at approximately $39,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Canadian Pacific Kansas City Stock Performance

Shares of NYSE:CP traded up $2.42 during trading 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. Canadian Pacific Kansas City Limited has a fifty-two week low of $66.49 and a fifty-two week high of $88.31. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46. The stock's fifty day moving average price is $74.62 and its 200 day moving average price is $76.25. The firm has a market capitalization of $68.74 billion, a price-to-earnings ratio of 25.39, a price-to-earnings-growth ratio of 2.00 and a beta of 1.01.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last announced its quarterly earnings data on Wednesday, January 29th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate 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, equities research analysts predict that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current 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. The ex-dividend date is Friday, March 28th. This represents a $0.53 dividend on an annualized basis and a yield of 0.72%. Canadian Pacific Kansas City's payout ratio is currently 17.93%.

Analyst Ratings Changes

CP has been the subject of a number of analyst reports. Susquehanna lowered their target price on shares of Canadian Pacific Kansas City from $90.00 to $88.00 and set a "positive" rating for the company in a research note on Thursday, March 27th. Royal Bank of Canada upped their price objective on Canadian Pacific Kansas City from $124.00 to $128.00 and gave the stock an "outperform" rating in a research report on Thursday, January 30th. Stifel Nicolaus cut their target price on Canadian Pacific Kansas City from $82.00 to $76.00 and set a "hold" rating on the stock in a research report on Thursday, January 16th. Benchmark reaffirmed a "hold" rating on shares of Canadian Pacific Kansas City in a report on Thursday, January 30th. Finally, Jefferies Financial Group dropped 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 research note on Wednesday. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have given a buy rating to the company. According to MarketBeat.com, Canadian Pacific Kansas City has an average rating of "Moderate Buy" and a consensus price target of $93.55.

About Canadian Pacific Kansas City

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.