Windmill Hill Asset Management Ltd Sells 7,170 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Windmill Hill Asset Management Ltd reduced its stake in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 19.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,541 shares of the transportation company's stock after selling 7,170 shares during the quarter. Canadian Pacific Kansas City comprises approximately 2.1% of Windmill Hill Asset Management Ltd's portfolio, making the stock its 10th biggest holding. Windmill Hill Asset Management Ltd's holdings in Canadian Pacific Kansas City were worth $2,138,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in CP. Grove Bank & Trust boosted its holdings 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 last quarter. Addison Advisors LLC boosted 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 acquiring an additional 279 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in Canadian Pacific Kansas City during the third quarter valued at about $34,000. YANKCOM Partnership acquired a new stake in Canadian Pacific Kansas City during the fourth quarter worth about $36,000. Finally, Asset Dedication LLC purchased a new position in shares of Canadian Pacific Kansas City in the 3rd quarter worth about $38,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Canadian Pacific Kansas City Stock Down 0.1 %

Shares of Canadian Pacific Kansas City stock traded down $0.05 on Tuesday, hitting $78.07. 1,204,964 shares of the company's stock traded hands, compared to its average volume of 3,332,216. The stock has a market cap of $72.88 billion, a P/E ratio of 26.92, a PEG ratio of 2.02 and a beta of 0.97. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. The firm's 50-day moving average is $75.57 and its 200 day moving average is $78.73. Canadian Pacific Kansas City Limited has a 52-week low of $70.89 and a 52-week high of $91.58.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last released its earnings results on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, beating 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 analysts anticipate that Canadian Pacific Kansas City Limited will post 3.4 earnings per share 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 paid a dividend of $0.1318 per share. This represents a $0.53 annualized dividend and a yield of 0.68%. The ex-dividend date is Friday, March 28th. Canadian Pacific Kansas City's dividend payout ratio (DPR) is presently 18.62%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CP. Loop Capital cut Canadian Pacific Kansas City from a "buy" rating to a "sell" rating in a report on Monday, February 3rd. Stephens increased 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 research report on Thursday, January 30th. Benchmark reissued a "hold" rating on shares of Canadian Pacific Kansas City in a research note on Thursday, January 30th. Royal Bank of Canada increased their price target on Canadian Pacific Kansas City from $124.00 to $128.00 and gave the company an "outperform" rating in a report on Thursday, January 30th. Finally, Citigroup boosted their price objective on Canadian Pacific Kansas City from $88.00 to $91.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $95.45.

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.