Timber Creek Capital Management LLC Sells 32,949 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Timber Creek Capital Management LLC lowered its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 84.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,004 shares of the transportation company's stock after selling 32,949 shares during the period. Timber Creek Capital Management LLC's holdings in Canadian Pacific Kansas City were worth $435,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CP. S&CO Inc. raised its holdings in shares of Canadian Pacific Kansas City by 183.3% in the 3rd quarter. S&CO Inc. now owns 17,000 shares of the transportation company's stock valued at $1,454,000 after acquiring an additional 11,000 shares in the last quarter. Swiss National Bank increased its position in shares of Canadian Pacific Kansas City by 0.8% in the third quarter. Swiss National Bank now owns 2,820,893 shares of the transportation company's stock worth $241,645,000 after purchasing an additional 23,000 shares during the last quarter. Oak Family Advisors LLC purchased a new stake in Canadian Pacific Kansas City in the fourth quarter valued at approximately $262,000. Barclays PLC lifted its position in Canadian Pacific Kansas City by 2.8% during the third quarter. Barclays PLC now owns 2,929,642 shares of the transportation company's stock valued at $250,602,000 after purchasing an additional 81,111 shares during the last quarter. Finally, Toronto Dominion Bank grew its stake in Canadian Pacific Kansas City by 20.4% in the 3rd quarter. Toronto Dominion Bank now owns 2,083,106 shares of the transportation company's stock worth $178,189,000 after buying an additional 352,534 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CP. Loop Capital cut shares of Canadian Pacific Kansas City from a "buy" rating to a "sell" rating in a research report on Monday, February 3rd. StockNews.com downgraded Canadian Pacific Kansas City from a "hold" rating to a "sell" rating in a research report on Wednesday, December 25th. 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 report on Wednesday, January 8th. Citigroup raised their price objective on Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Finally, Royal Bank of Canada boosted their target price 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. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $95.45.

Canadian Pacific Kansas City Trading Down 1.1 %

Canadian Pacific Kansas City stock traded down $0.84 during trading hours on Friday, reaching $77.32. The stock had a trading volume of 2,375,388 shares, compared to its average volume of 3,064,038. The company has a fifty day simple moving average of $75.97 and a 200-day simple moving average of $78.58. Canadian Pacific Kansas City Limited has a 52 week low of $70.89 and a 52 week high of $91.58. The stock has a market cap of $72.19 billion, a PE ratio of 26.66, a PEG ratio of 2.02 and a beta of 0.97. 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 posted 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%. Analysts forecast that Canadian Pacific Kansas City Limited will post 3.4 EPS for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be paid 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 17.93%.

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.