Canadian Pacific Kansas City (TSE:CP) Insider Pamela Lynne Arpin Sells 1,385 Shares of Stock

Canadian Pacific Kansas City Limited (TSE:CPGet Free Report) (NYSE:CP) insider Pamela Lynne Arpin sold 1,385 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of C$132.92, for a total value of C$184,094.20. Following the completion of the sale, the insider owned 4,578 shares of the company’s stock, valued at C$608,507.76. This represents a 23.23% decrease in their position.

Canadian Pacific Kansas City Stock Performance

CP opened at C$131.06 on Tuesday. The stock has a market cap of C$115.21 billion, a PE ratio of 30.48, a P/E/G ratio of 2.32 and a beta of 1.28. The company has a current ratio of 0.59, a quick ratio of 0.42 and a debt-to-equity ratio of 53.93. Canadian Pacific Kansas City Limited has a 1 year low of C$96.50 and a 1 year high of C$133.38. The stock’s 50 day simple moving average is C$126.88 and its 200-day simple moving average is C$119.66.

Canadian Pacific Kansas City (TSE:CPGet Free Report) (NYSE:CP) last issued its earnings results on Wednesday, July 29th. The company reported C$1.27 EPS for the quarter. Canadian Pacific Kansas City had a return on equity of 8.35% and a net margin of 25.04%.The firm had revenue of C$4.16 billion during the quarter. Sell-side analysts forecast that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Monday, July 27th were given a $0.268 dividend. This represents a $1.07 annualized dividend and a yield of 0.8%. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, June 26th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 22.14%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Barclays lifted their price objective on Canadian Pacific Kansas City from C$135.00 to C$145.00 in a report on Friday, June 26th. Citizens Jmp raised Canadian Pacific Kansas City to a “hold” rating in a report on Wednesday, July 15th. Stephens upgraded Canadian Pacific Kansas City to a “hold” rating in a research report on Wednesday, July 8th. Raymond James Financial boosted their price target on Canadian Pacific Kansas City from C$140.00 to C$144.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Finally, ATB Cormark Capital Markets upped their price target on Canadian Pacific Kansas City from C$137.00 to C$143.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$134.36.

Read Our Latest Stock Analysis on CP

Canadian Pacific Kansas City Company Profile

(Get Free Report)

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.

Further Reading

Insider Buying and Selling by Quarter for Canadian Pacific Kansas City (TSE:CP)

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