Foster Group Inc. Sells 493 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Foster Group Inc. reduced its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 10.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,164 shares of the transportation company’s stock after selling 493 shares during the quarter. Foster Group Inc.’s holdings in Canadian Pacific Kansas City were worth $301,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in CP. SteelPeak Wealth LLC acquired a new stake in shares of Canadian Pacific Kansas City during the fourth quarter worth $380,000. Union Bancaire Privee UBP SA bought a new position in Canadian Pacific Kansas City during the fourth quarter worth about $1,429,000. Blue Trust Inc. raised its stake in Canadian Pacific Kansas City by 11.7% in the 4th quarter. Blue Trust Inc. now owns 3,107 shares of the transportation company’s stock worth $225,000 after purchasing an additional 326 shares in the last quarter. Compass Wealth Management LLC grew its position in shares of Canadian Pacific Kansas City by 2.4% during the 4th quarter. Compass Wealth Management LLC now owns 58,317 shares of the transportation company’s stock worth $4,221,000 after purchasing an additional 1,372 shares in the last quarter. Finally, Geneos Wealth Management Inc. bought a new position in shares of Canadian Pacific Kansas City during the fourth quarter worth approximately $344,000. 72.20% of the stock is currently owned by institutional investors.

Canadian Pacific Kansas City Trading Down 1.9 %

NYSE:CP opened at $79.15 on Wednesday. Canadian Pacific Kansas City Limited has a 52 week low of $70.89 and a 52 week high of $91.58. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. The firm’s fifty day moving average is $75.04 and its 200-day moving average is $79.08. The firm has a market cap of $73.89 billion, a P/E ratio of 28.27, a P/E/G ratio of 2.01 and a beta of 0.96.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on CP shares. Benchmark reissued a “hold” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, October 24th. Wells Fargo & Company decreased their target price on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Wolfe Research upgraded Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price target on the stock in a research note on Wednesday, January 8th. Bank of America decreased their target price on Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. Finally, Susquehanna reduced their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating on the stock in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and an average target price of $92.63.

Canadian Pacific Kansas City 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.