Transatlantique Private Wealth LLC Purchases 723 Shares of Canadian Pacific Kansas City Limited $CP

Transatlantique Private Wealth LLC raised its position in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 6.9% in the 2nd quarter, Holdings Channel reports. The firm owned 11,220 shares of the transportation company’s stock after buying an additional 723 shares during the period. Transatlantique Private Wealth LLC’s holdings in Canadian Pacific Kansas City were worth $888,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Cornerstone Planning Group LLC boosted its holdings in shares of Canadian Pacific Kansas City by 209.8% in the first quarter. Cornerstone Planning Group LLC now owns 378 shares of the transportation company’s stock valued at $28,000 after buying an additional 256 shares during the period. Cheviot Value Management LLC acquired a new position in shares of Canadian Pacific Kansas City in the first quarter valued at approximately $30,000. Hexagon Capital Partners LLC boosted its holdings in shares of Canadian Pacific Kansas City by 49.5% in the first quarter. Hexagon Capital Partners LLC now owns 495 shares of the transportation company’s stock valued at $35,000 after buying an additional 164 shares during the period. Acadian Asset Management LLC acquired a new position in shares of Canadian Pacific Kansas City in the first quarter valued at approximately $35,000. Finally, Chilton Capital Management LLC acquired a new position in shares of Canadian Pacific Kansas City in the second quarter valued at approximately $49,000. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

CP has been the subject of several research analyst reports. Jefferies Financial Group set a $90.00 price target on shares of Canadian Pacific Kansas City in a report on Thursday. Royal Bank Of Canada reduced their price target on shares of Canadian Pacific Kansas City from $129.00 to $127.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. National Bankshares reiterated an “outperform” rating on shares of Canadian Pacific Kansas City in a report on Thursday, September 18th. Stephens upped their price target on shares of Canadian Pacific Kansas City from $95.00 to $97.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Finally, Wall Street Zen cut shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Saturday, September 13th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $91.69.

Canadian Pacific Kansas City Stock Performance

Shares of CP opened at $70.64 on Tuesday. Canadian Pacific Kansas City Limited has a 12 month low of $66.49 and a 12 month high of $83.65. The firm has a fifty day simple moving average of $75.43 and a 200 day simple moving average of $76.96. The stock has a market capitalization of $63.61 billion, a price-to-earnings ratio of 21.54, a PEG ratio of 2.06 and a beta of 1.08. The company has a current ratio of 0.63, a quick ratio of 0.54 and a debt-to-equity ratio of 0.46.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its earnings results on Wednesday, October 29th. The transportation company reported $0.80 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.01). Canadian Pacific Kansas City had a return on equity of 8.79% and a net margin of 28.41%.The business had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.71 billion. During the same quarter in the previous year, the company posted $0.99 EPS. Research analysts forecast that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 26th. Shareholders of record on Wednesday, December 31st will be paid a $0.228 dividend. This is an increase from Canadian Pacific Kansas City’s previous quarterly dividend of $0.17. This represents a $0.91 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Wednesday, December 31st. Canadian Pacific Kansas City’s dividend payout ratio is 20.12%.

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.