Canadian Pacific Kansas City (TSE:CP) Insider Sells C$245,918.75 in Stock

Canadian Pacific Kansas City Limited (TSE:CP – Get Free Report) (NYSE:CP) insider Nadeem Velani sold 1,925 shares of the stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of C$127.75, for a total transaction of C$245,918.75.

Nadeem Velani also recently made the following trade(s):

  • On Tuesday, November 3rd, Nadeem Velani sold 1,500 shares of Canadian Pacific Kansas City stock. The stock was sold at an average price of C$128.25, for a total value of C$192,375.00.
  • On Wednesday, November 4th, Nadeem Velani sold 8,880 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$131.75, for a total value of C$1,169,940.00.
  • On Wednesday, November 4th, Nadeem Velani sold 4,682 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$131.80, for a total value of C$617,087.60.

Canadian Pacific Kansas City Trading Down 1.1%

CP opened at C$129.97 on Friday. Canadian Pacific Kansas City Limited has a one year low of C$96.50 and a one year high of C$133.54. The company has a debt-to-equity ratio of 56.46, a current ratio of 0.52 and a quick ratio of 0.42. The business has a 50 day simple moving average of C$124.30 and a two-hundred day simple moving average of C$120.07. The firm has a market capitalization of C$113.02 billion, a price-to-earnings ratio of 30.02, a PEG ratio of 2.32 and a beta of 1.38.

Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) last posted its earnings results on Wednesday, October 28th. The company reported C$1.28 earnings per share (EPS) for the quarter. The firm had revenue of C$4.22 billion for the quarter. Canadian Pacific Kansas City had a return on equity of 8.37% and a net margin of 24.14%. Analysts predict that Canadian Pacific Kansas City Limited will post 4.34 EPS for the current year.

Canadian Pacific Kansas City Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, October 26th. Investors of record on Monday, October 26th were issued a $0.2680 dividend. The ex-dividend date was Friday, September 25th. This represents a $1.07 annualized dividend and a yield of 0.8%. Canadian Pacific Kansas City’s payout ratio is 22.91%.

Trending Headlines about Canadian Pacific Kansas City

Here are the key news stories impacting Canadian Pacific Kansas City this week:

Wall Street Analysts Forecast Growth

Several brokerages have commented on CP. JPMorgan Chase & Co. upped their price objective on shares of Canadian Pacific Kansas City from C$135.00 to C$153.00 in a report on Thursday, July 30th. Scotiabank lifted their target price on shares of Canadian Pacific Kansas City from C$122.00 to C$143.00 and gave the company a “strong-buy” rating in a research note on Thursday, July 16th. Canadian Imperial Bank of Commerce boosted their price target on shares of Canadian Pacific Kansas City from C$143.00 to C$150.00 and gave the company an “outperform” rating in a research report on Thursday, October 29th. BMO Capital Markets increased their price target on shares of Canadian Pacific Kansas City from C$142.00 to C$145.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Finally, ATB Cormark Capital Markets lowered their price objective on shares of Canadian Pacific Kansas City from C$146.00 to C$144.00 and set an “outperform” rating for the company in a report on Thursday, October 29th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Canadian Pacific Kansas City currently has a consensus rating of “Moderate Buy” and an average price target of C$139.00.

Check Out Our Latest Stock Report on Canadian Pacific Kansas City

About Canadian Pacific Kansas City

(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.

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

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