Busey Bank Sells 757 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Busey Bank lowered its position in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 0.5% during the 4th quarter, Holdings Channel reports. The firm owned 151,044 shares of the transportation company’s stock after selling 757 shares during the quarter. Busey Bank’s holdings in Canadian Pacific Kansas City were worth $10,931,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Millennium Management LLC increased its stake in shares of Canadian Pacific Kansas City by 2,685.7% during the second quarter. Millennium Management LLC now owns 111,427 shares of the transportation company’s stock valued at $8,773,000 after buying an additional 107,427 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Canadian Pacific Kansas City by 9.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,275 shares of the transportation company’s stock valued at $809,000 after purchasing an additional 919 shares during the period. Granite Bay Wealth Management LLC bought a new stake in shares of Canadian Pacific Kansas City in the 2nd quarter valued at about $513,000. Sanctuary Advisors LLC purchased a new stake in shares of Canadian Pacific Kansas City in the 2nd quarter worth approximately $3,267,000. Finally, Heritage Wealth Management Inc. purchased a new position in Canadian Pacific Kansas City during the second quarter valued at approximately $612,000. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Down 0.7 %

NYSE CP opened at $78.66 on Thursday. Canadian Pacific Kansas City Limited has a 1 year low of $70.89 and a 1 year high of $91.58. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46. The company has a market capitalization of $73.44 billion, a PE ratio of 28.09, a P/E/G ratio of 2.01 and a beta of 0.96. The company has a fifty day moving average of $75.15 and a 200 day moving average of $79.05.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its earnings results on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 24.50%. Research analysts forecast that Canadian Pacific Kansas City Limited will post 3 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Barclays cut their target price on Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Wolfe Research raised shares of Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 target price for the company in a research report on Wednesday, January 8th. Citigroup lowered their target price on shares of Canadian Pacific Kansas City from $98.00 to $91.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. Bank of America reduced their price target 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, Sanford C. Bernstein lowered their price objective on Canadian Pacific Kansas City from $91.98 to $91.25 and set a “market perform” rating for the company in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.