Canadian Pacific Kansas City Limited $CP Shares Purchased by Rothschild & Co Wealth Management UK Ltd

Rothschild & Co Wealth Management UK Ltd boosted its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,353,188 shares of the transportation company’s stock after acquiring an additional 48,258 shares during the period. Canadian Pacific Kansas City comprises approximately 6.2% of Rothschild & Co Wealth Management UK Ltd’s holdings, making the stock its 8th biggest holding. Rothschild & Co Wealth Management UK Ltd’s holdings in Canadian Pacific Kansas City were worth $394,156,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Frank Rimerman Advisors LLC increased its holdings in shares of Canadian Pacific Kansas City by 0.8% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 17,799 shares of the transportation company’s stock worth $1,326,000 after buying an additional 145 shares during the last quarter. Cromwell Holdings LLC boosted its holdings in Canadian Pacific Kansas City by 8.1% in the fourth quarter. Cromwell Holdings LLC now owns 1,936 shares of the transportation company’s stock valued at $143,000 after acquiring an additional 145 shares during the last quarter. Fortune Financial Advisors LLC grew its position in Canadian Pacific Kansas City by 1.2% during the fourth quarter. Fortune Financial Advisors LLC now owns 13,623 shares of the transportation company’s stock valued at $1,003,000 after acquiring an additional 158 shares during the period. Brookstone Capital Management increased its stake in Canadian Pacific Kansas City by 1.2% during the fourth quarter. Brookstone Capital Management now owns 14,355 shares of the transportation company’s stock worth $1,057,000 after acquiring an additional 176 shares during the last quarter. Finally, Advisory Services Network LLC increased its stake in Canadian Pacific Kansas City by 3.1% during the third quarter. Advisory Services Network LLC now owns 6,764 shares of the transportation company’s stock worth $504,000 after acquiring an additional 204 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Scotiabank lowered Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 9th. Barclays dropped their target price on shares of Canadian Pacific Kansas City from $93.00 to $91.00 and set an “overweight” rating for the company in a research report on Friday, March 27th. Citigroup lifted their price target on shares of Canadian Pacific Kansas City from $86.00 to $93.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Wall Street Zen downgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research note on Tuesday, March 3rd. Finally, Evercore dropped their price objective on shares of Canadian Pacific Kansas City from $87.00 to $85.00 and set an “outperform” rating for the company in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and a consensus price target of $93.80.

Canadian Pacific Kansas City Stock Performance

NYSE:CP opened at $82.24 on Thursday. The firm has a 50-day moving average of $82.18 and a two-hundred day moving average of $76.72. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.49 and a quick ratio of 0.41. The stock has a market cap of $73.38 billion, a P/E ratio of 25.46, a PEG ratio of 1.78 and a beta of 1.07. Canadian Pacific Kansas City Limited has a 1-year low of $68.42 and a 1-year high of $89.42.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its earnings results on Wednesday, January 28th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.04). Canadian Pacific Kansas City had a return on equity of 8.91% and a net margin of 27.49%.The business had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.85 billion. During the same period in the previous year, the firm posted $1.29 earnings per share. The firm’s revenue was up 1.3% compared to the same quarter last year. On average, research analysts expect that Canadian Pacific Kansas City Limited will post 3.74 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Friday, March 27th will be paid a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 20.74%.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.