Tranquility Partners LLC Has $525,000 Holdings in Canadian Pacific Kansas City Limited (NYSE:CP)

Tranquility Partners LLC boosted its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 31.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,639 shares of the transportation company’s stock after acquiring an additional 1,573 shares during the quarter. Tranquility Partners LLC’s holdings in Canadian Pacific Kansas City were worth $525,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Stonebridge Capital Advisors LLC raised its stake in shares of Canadian Pacific Kansas City by 750.0% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 340 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 300 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of Canadian Pacific Kansas City in the 3rd quarter valued at approximately $29,000. Sands Capital Management LLC bought a new position in shares of Canadian Pacific Kansas City in the 3rd quarter valued at approximately $31,000. AdvisorNet Financial Inc raised its stake in shares of Canadian Pacific Kansas City by 452.1% in the 3rd quarter. AdvisorNet Financial Inc now owns 519 shares of the transportation company’s stock valued at $39,000 after acquiring an additional 425 shares in the last quarter. Finally, Fortis Capital Advisors LLC bought a new position in shares of Canadian Pacific Kansas City in the 1st quarter valued at approximately $39,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CP has been the topic of a number of recent analyst reports. Susquehanna Bancshares downgraded Canadian Pacific Kansas City from a “positive” rating to a “neutral” rating and cut their price objective for the company from $90.00 to $87.00 in a research note on Monday, January 8th. Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Pacific Kansas City in a research report on Monday, March 25th. Benchmark reaffirmed a “hold” rating on shares of Canadian Pacific Kansas City in a research report on Wednesday, April 10th. Jefferies Financial Group initiated coverage on Canadian Pacific Kansas City in a research report on Monday, April 8th. They issued a “buy” rating and a $105.00 price target on the stock. Finally, JPMorgan Chase & Co. dropped their price target on Canadian Pacific Kansas City from $121.00 to $116.00 and set an “overweight” rating on the stock in a research report on Thursday, December 21st. Twelve analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $95.29.

Canadian Pacific Kansas City Price Performance

CP stock traded up $0.28 during trading on Thursday, hitting $84.21. The company had a trading volume of 170,854 shares, compared to its average volume of 2,019,860. The company has a fifty day moving average price of $87.15 and a two-hundred day moving average price of $79.31. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.46. The company has a market cap of $78.54 billion, a P/E ratio of 27.26, a P/E/G ratio of 2.16 and a beta of 0.94. Canadian Pacific Kansas City Limited has a fifty-two week low of $68.92 and a fifty-two week high of $91.58.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings data on Tuesday, January 30th. The transportation company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.04. Canadian Pacific Kansas City had a return on equity of 8.52% and a net margin of 31.29%. The firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. Equities research analysts expect that Canadian Pacific Kansas City Limited will post 3.21 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 29th. Shareholders of record on Thursday, March 28th will be given a $0.1415 dividend. This is an increase from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. The ex-dividend date is Wednesday, March 27th. This represents a $0.57 annualized dividend and a yield of 0.67%. Canadian Pacific Kansas City’s payout ratio is presently 17.83%.

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.