Insider Selling: Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells 51,727 Shares of Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer Keith E. Creel sold 51,727 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of C$104.91, for a total transaction of C$5,426,615.01.

Canadian Pacific Kansas City Trading Up 0.2 %

TSE CP traded up C$0.26 on Friday, hitting C$105.70. The company’s stock had a trading volume of 140,299 shares, compared to its average volume of 1,340,741. The company has a current ratio of 0.51, a quick ratio of 0.42 and a debt-to-equity ratio of 50.47. Canadian Pacific Kansas City Limited has a 52-week low of C$101.76 and a 52-week high of C$123.37. The firm has a market cap of C$98.63 billion, a P/E ratio of 28.34, a PEG ratio of 2.32 and a beta of 0.79. The company’s 50-day simple moving average is C$106.94 and its 200 day simple moving average is C$109.58.

Canadian Pacific Kansas City Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Monday, January 27th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.38%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CP. Citigroup set a C$97.00 price objective on Canadian Pacific Kansas City and gave the stock a “buy” rating in a report on Wednesday, October 9th. Susquehanna raised shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 24th. National Bankshares upped their price objective on shares of Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Barclays lifted their target price on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. Finally, ATB Capital upped their price target on shares of 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. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Canadian Pacific Kansas City presently has a consensus 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.