Soros Capital Management LLC Has $2.06 Million Holdings in Canadian Pacific Kansas City Limited (NYSE:CP)

Soros Capital Management LLC raised its position in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 87.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 28,451 shares of the transportation company's stock after purchasing an additional 13,294 shares during the period. Soros Capital Management LLC's holdings in Canadian Pacific Kansas City were worth $2,059,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Canadian Pacific Kansas City during the 4th quarter valued at approximately $914,090,000. Causeway Capital Management LLC raised its position in Canadian Pacific Kansas City by 76.5% during the fourth quarter. Causeway Capital Management LLC now owns 15,429,804 shares of the transportation company's stock valued at $1,116,632,000 after purchasing an additional 6,687,770 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position 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 during the last quarter. Invesco Ltd. boosted its position in Canadian Pacific Kansas City by 25.7% during the fourth quarter. Invesco Ltd. now owns 10,647,039 shares of the transportation company's stock valued at $770,526,000 after buying an additional 2,177,604 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of Canadian Pacific Kansas City by 27.2% in the fourth quarter. Geode Capital Management LLC now owns 5,511,465 shares of the transportation company's stock worth $404,849,000 after purchasing an additional 1,179,108 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Trading Up 0.2 %

Canadian Pacific Kansas City stock traded up $0.11 during midday trading on Thursday, reaching $73.04. The stock had a trading volume of 2,977,774 shares, compared to its average volume of 2,704,246. The firm has a market cap of $67.95 billion, a price-to-earnings ratio of 25.19, a PEG 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. The firm's fifty day simple moving average is $73.92 and its two-hundred day simple moving average is $75.73. Canadian Pacific Kansas City Limited has a twelve month low of $66.49 and a twelve month high of $87.72.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last released its quarterly earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share (EPS) 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%. Equities analysts anticipate that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Shareholders 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 dividend payout ratio (DPR) is presently 17.93%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on CP shares. Loop Capital downgraded Canadian Pacific Kansas City from a "buy" rating to a "sell" rating in a report on Monday, February 3rd. Wells Fargo & Company lowered their price objective on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 7th. Wolfe Research upgraded Canadian Pacific Kansas City from a "peer perform" rating to an "outperform" rating and set a $86.00 price objective for the company in a research note on Wednesday, January 8th. Benchmark reissued a "hold" rating on shares of Canadian Pacific Kansas City in a research note on Thursday, January 30th. Finally, Stephens upped their price objective on shares of Canadian Pacific Kansas City from $88.00 to $92.00 and gave the stock an "overweight" rating in a report on Thursday, January 30th. Two analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat.com, Canadian Pacific Kansas City currently has an average rating of "Moderate Buy" and a consensus price target of $91.16.

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.