Canadian Pacific Kansas City Limited (NYSE:CP) Stake Lifted by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC increased its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 12.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,055 shares of the transportation company’s stock after acquiring an additional 224 shares during the period. Capital Advisors Ltd. LLC’s holdings in Canadian Pacific Kansas City were worth $163,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sands Capital Management LLC bought a new position in shares of Canadian Pacific Kansas City in the third quarter valued at approximately $31,000. Anchor Investment Management LLC acquired a new stake in Canadian Pacific Kansas City during the fourth quarter valued at approximately $40,000. Independence Bank of Kentucky acquired a new stake in Canadian Pacific Kansas City during the fourth quarter valued at approximately $43,000. McGlone Suttner Wealth Management Inc. acquired a new stake in Canadian Pacific Kansas City during the fourth quarter valued at approximately $45,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in Canadian Pacific Kansas City during the fourth quarter valued at approximately $70,000. 72.20% of the stock is currently owned by institutional investors.

Canadian Pacific Kansas City Stock Performance

NYSE:CP traded up $0.41 during midday trading on Thursday, reaching $82.34. The stock had a trading volume of 1,470,175 shares, compared to its average volume of 2,094,593. Canadian Pacific Kansas City Limited has a 1-year low of $68.92 and a 1-year high of $91.58. The firm’s fifty day simple moving average is $87.18 and its 200-day simple moving average is $79.73. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.53 and a quick ratio of 0.46. The stock has a market capitalization of $76.79 billion, a P/E ratio of 26.05, a PEG ratio of 2.25 and a beta of 0.94.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its earnings results on Wednesday, April 24th. The transportation company reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.01). Canadian Pacific Kansas City had a net margin of 31.29% and a return on equity of 8.52%. The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.59 billion. On average, equities research analysts forecast that Canadian Pacific Kansas City Limited will post 3.2 EPS for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 29th. Investors of record on Friday, June 28th will be paid a $0.141 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.56 dividend on an annualized basis and a yield of 0.68%. Canadian Pacific Kansas City’s payout ratio is presently 17.83%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Stifel Nicolaus upped their price target on shares of Canadian Pacific Kansas City from $80.00 to $83.00 and gave the company a “hold” rating in a research report on Friday, April 12th. StockNews.com upgraded shares of Canadian Pacific Kansas City from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Benchmark restated a “hold” rating on shares of Canadian Pacific Kansas City in a research report on Thursday. Scotiabank restated a “sector perform” rating on shares of Canadian Pacific Kansas City in a research report on Monday, March 25th. Finally, Susquehanna reduced their price target on shares of Canadian Pacific Kansas City from $84.00 to $80.00 and set a “neutral” rating for the company in a research report on Thursday. Twelve research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $97.17.

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.