U.S. Capital Wealth Advisors LLC Sells 7,883 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

U.S. Capital Wealth Advisors LLC cut its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 34.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,259 shares of the transportation company's stock after selling 7,883 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Canadian Pacific Kansas City were worth $1,104,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Grove Bank & Trust grew its stake in shares of 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 during the period. Tower View Wealth Management LLC grew its position in Canadian Pacific Kansas City by 0.3% in the third quarter. Tower View Wealth Management LLC now owns 51,550 shares of the transportation company's stock valued at $4,410,000 after acquiring an additional 130 shares during the period. Trust Co. of Vermont raised its stake in Canadian Pacific Kansas City by 4.7% during the third quarter. Trust Co. of Vermont now owns 3,037 shares of the transportation company's stock worth $260,000 after acquiring an additional 135 shares in the last quarter. Pinnacle Bancorp Inc. boosted its stake in shares of Canadian Pacific Kansas City by 13.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,250 shares of the transportation company's stock valued at $90,000 after purchasing an additional 150 shares in the last quarter. Finally, Forte Capital LLC ADV grew its holdings in shares of Canadian Pacific Kansas City by 2.4% in the 3rd quarter. Forte Capital LLC ADV now owns 7,415 shares of the transportation company's stock worth $634,000 after purchasing an additional 173 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CP shares. Royal Bank of Canada boosted 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 research report on Thursday, January 30th. 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 dropped their price target on Canadian Pacific Kansas City from $92.00 to $90.00 and set an "overweight" rating for the company in a report on Tuesday, January 7th. Stephens lifted their price objective on Canadian Pacific Kansas City from $88.00 to $92.00 and gave the company an "overweight" rating in a research report on Thursday, January 30th. Finally, StockNews.com cut Canadian Pacific Kansas City from a "hold" rating to a "sell" rating in a report on Wednesday, December 25th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $95.45.

Canadian Pacific Kansas City Trading Down 1.5 %

NYSE CP traded down $1.20 during trading hours on Friday, hitting $77.17. The company's stock had a trading volume of 2,391,141 shares, compared to its average volume of 3,555,155. The stock has a fifty day moving average of $75.54 and a 200 day moving average of $78.79. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. Canadian Pacific Kansas City Limited has a twelve month low of $70.89 and a twelve month high of $91.58. The firm has a market capitalization of $72.04 billion, a P/E ratio of 26.61, a PEG ratio of 2.02 and a beta of 0.97.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last posted its quarterly 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%. Equities research analysts forecast that Canadian Pacific Kansas City Limited will post 3.4 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be given a dividend of $0.1318 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.53 annualized dividend and a dividend yield of 0.68%. Canadian Pacific Kansas City's payout ratio is currently 18.62%.

Canadian Pacific Kansas City Company Profile

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.