James Dominic Luther Clements Sells 15,657 Shares of Canadian Pacific Kansas City Limited (TSE:CP) Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer James Dominic Luther Clements sold 15,657 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of C$106.30, for a total transaction of C$1,664,359.45.

Canadian Pacific Kansas City Stock Performance

Shares of CP stock opened at C$103.80 on Friday. Canadian Pacific Kansas City Limited has a one year low of C$101.76 and a one year high of C$123.37. The company has a debt-to-equity ratio of 50.47, a current ratio of 0.51 and a quick ratio of 0.42. The stock has a market cap of C$96.86 billion, a P/E ratio of 27.83, a P/E/G ratio of 2.32 and a beta of 0.79. The company has a fifty day moving average price of C$107.46 and a two-hundred day moving average price of C$109.60.

Canadian Pacific Kansas City Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Monday, January 27th will be issued a $0.19 dividend. The ex-dividend date is Friday, December 27th. This represents a $0.76 annualized dividend and a dividend yield of 0.73%. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.38%.

Analyst Upgrades and Downgrades

CP has been the subject of several research analyst reports. Desjardins cut their price objective on Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. ATB Capital increased their price objective on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. boosted their target price on Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 8th. National Bankshares lifted their price objective on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Finally, Citigroup set a C$97.00 target price on shares of Canadian Pacific Kansas City and gave the company a “buy” rating in a research report on Wednesday, October 9th. Four analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and an average target price of C$121.43.

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.