Canadian Pacific Kansas City Limited (NYSE:CP) Position Increased by Threadgill Financial LLC

Threadgill Financial LLC lifted its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 2.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 54,800 shares of the transportation company’s stock after acquiring an additional 1,264 shares during the period. Canadian Pacific Kansas City accounts for 2.9% of Threadgill Financial LLC’s portfolio, making the stock its 13th biggest holding. Threadgill Financial LLC’s holdings in Canadian Pacific Kansas City were worth $4,332,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CP. Cetera Investment Advisers grew its position in shares of Canadian Pacific Kansas City by 3.4% during the first quarter. Cetera Investment Advisers now owns 16,828 shares of the transportation company’s stock worth $1,389,000 after acquiring an additional 559 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Canadian Pacific Kansas City by 69.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,539 shares of the transportation company’s stock valued at $457,000 after acquiring an additional 2,263 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Canadian Pacific Kansas City by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 30,249,662 shares of the transportation company’s stock valued at $2,496,807,000 after acquiring an additional 695,215 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in Canadian Pacific Kansas City by 5.1% in the 1st quarter. Baird Financial Group Inc. now owns 49,524 shares of the transportation company’s stock valued at $4,087,000 after acquiring an additional 2,417 shares during the last quarter. Finally, Brown Brothers Harriman & Co. lifted its holdings in Canadian Pacific Kansas City by 116.4% in the 1st quarter. Brown Brothers Harriman & Co. now owns 14,274 shares of the transportation company’s stock valued at $1,178,000 after acquiring an additional 7,678 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

CP has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price target on shares of Canadian Pacific Kansas City from $121.00 to $116.00 and set an “overweight” rating for the company in a report on Thursday, December 21st. Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Pacific Kansas City in a research note on Monday. Citigroup upped their price objective on shares of Canadian Pacific Kansas City from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, December 13th. TD Securities downgraded Canadian Pacific Kansas City from a “buy” rating to a “hold” rating in a report on Monday, January 8th. Finally, Stifel Nicolaus increased their price objective on Canadian Pacific Kansas City from $78.00 to $80.00 and gave the stock a “hold” rating in a report on Wednesday, January 31st. Eleven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Canadian Pacific Kansas City has a consensus rating of “Hold” and an average target price of $92.94.

Canadian Pacific Kansas City Stock Up 1.4 %

CP stock opened at $88.47 on Thursday. The stock’s fifty day simple moving average is $84.90 and its two-hundred day simple moving average is $78.20. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.46. Canadian Pacific Kansas City Limited has a 1-year low of $68.92 and a 1-year high of $91.58. The stock has a market cap of $82.49 billion, a P/E ratio of 28.18, a P/E/G ratio of 2.63 and a beta of 0.94.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings data on Tuesday, January 30th. The transportation company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.83 by $0.04. The company had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.71 billion. Canadian Pacific Kansas City had a net margin of 31.29% and a return on equity of 8.52%. Analysts expect that Canadian Pacific Kansas City Limited will post 3.22 EPS for the current year.

Canadian Pacific Kansas City Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 28th will be issued a $0.1415 dividend. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.57 annualized dividend and a dividend yield of 0.64%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 18.15%.

About Canadian Pacific Kansas City

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.