Canadian Pacific Kansas City Limited (NYSE:CP) Shares Sold by Threadgill Financial LLC

Threadgill Financial LLC lessened its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 20.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,699 shares of the transportation company's stock after selling 11,082 shares during the period. Canadian Pacific Kansas City makes up approximately 1.7% of Threadgill Financial LLC's portfolio, making the stock its 11th biggest holding. Threadgill Financial LLC's holdings in Canadian Pacific Kansas City were worth $3,162,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Grove Bank & Trust increased its stake in Canadian Pacific Kansas City by 56.0% in the 3rd quarter. Grove Bank & Trust now owns 362 shares of the transportation company's stock valued at $31,000 after purchasing an additional 130 shares in the last quarter. Addison Advisors LLC grew its holdings in Canadian Pacific Kansas City by 246.9% in the third quarter. Addison Advisors LLC now owns 392 shares of the transportation company's stock valued at $34,000 after purchasing an additional 279 shares during the last quarter. FSA Wealth Management LLC acquired a new position in shares of Canadian Pacific Kansas City during the 3rd quarter worth $34,000. Asset Dedication LLC purchased a new stake in shares of Canadian Pacific Kansas City in the 3rd quarter worth about $38,000. Finally, Kennebec Savings Bank acquired a new stake in Canadian Pacific Kansas City in the 3rd quarter valued at about $42,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analysts Set New Price Targets

CP has been the topic of several recent research reports. Citigroup reduced their price target on shares of Canadian Pacific Kansas City from $98.00 to $91.00 and set a "buy" rating on the stock in a report on Tuesday, November 12th. Stifel Nicolaus dropped their price target on Canadian Pacific Kansas City from $83.00 to $82.00 and set a "hold" rating for the company in a research report on Friday, October 11th. Susquehanna reduced their price objective on Canadian Pacific Kansas City from $92.00 to $90.00 and set a "positive" rating on the stock in a research report on Wednesday, January 8th. Barclays lifted their price objective on Canadian Pacific Kansas City from $95.00 to $97.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 25th. Finally, Stephens upgraded shares of Canadian Pacific Kansas City from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $81.00 to $88.00 in a report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, Canadian Pacific Kansas City currently has a consensus rating of "Moderate Buy" and a consensus target price of $93.56.

Canadian Pacific Kansas City Stock Down 1.2 %

CP traded down $0.93 on Monday, reaching $73.76. The company's stock had a trading volume of 855,468 shares, compared to its average volume of 2,317,377. 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 Limited has a 1 year low of $70.89 and a 1 year high of $91.58. The business's 50 day moving average is $75.11 and its 200 day moving average is $79.33. The stock has a market cap of $68.85 billion, a price-to-earnings ratio of 26.34, a price-to-earnings-growth ratio of 2.26 and a beta of 0.96.

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). Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 24.50%. The company had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3.59 billion. During the same period in the previous year, the business posted $0.69 EPS. The business's revenue for the quarter was up 6.3% on a year-over-year basis. As a group, research analysts forecast that Canadian Pacific Kansas City Limited will post 3.05 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Friday, December 27th will be given a $0.14 dividend. This is an increase from Canadian Pacific Kansas City's previous quarterly dividend of $0.14. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City's dividend payout ratio (DPR) is presently 18.93%.

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.