Canadian Pacific Kansas City Limited $CP Stake Boosted by Vise Technologies Inc.

Vise Technologies Inc. increased its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 78.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 23,434 shares of the transportation company’s stock after purchasing an additional 10,277 shares during the period. Vise Technologies Inc.’s holdings in Canadian Pacific Kansas City were worth $1,725,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Cromwell Holdings LLC lifted its stake in Canadian Pacific Kansas City by 8.1% during the fourth quarter. Cromwell Holdings LLC now owns 1,936 shares of the transportation company’s stock worth $143,000 after purchasing an additional 145 shares during the last quarter. Fortune Financial Advisors LLC lifted its stake in Canadian Pacific Kansas City by 1.2% during the fourth quarter. Fortune Financial Advisors LLC now owns 13,623 shares of the transportation company’s stock worth $1,003,000 after purchasing an additional 158 shares during the last quarter. Brookstone Capital Management lifted its stake in Canadian Pacific Kansas City by 1.2% during the fourth quarter. Brookstone Capital Management now owns 14,355 shares of the transportation company’s stock worth $1,057,000 after purchasing an additional 176 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Canadian Pacific Kansas City by 15.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,518 shares of the transportation company’s stock worth $112,000 after purchasing an additional 202 shares during the last quarter. Finally, Advisory Services Network LLC lifted its stake in Canadian Pacific Kansas City by 3.1% during the third quarter. Advisory Services Network LLC now owns 6,764 shares of the transportation company’s stock worth $504,000 after purchasing an additional 204 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Canadian Pacific Kansas City Stock Performance

CP stock opened at $90.07 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.57 and a current ratio of 0.67. The stock has a market capitalization of $79.91 billion, a price-to-earnings ratio of 27.80, a PEG ratio of 1.92 and a beta of 1.09. Canadian Pacific Kansas City Limited has a 1 year low of $68.42 and a 1 year high of $91.50. The stock’s fifty day moving average is $84.36 and its two-hundred day moving average is $79.54.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its earnings results on Wednesday, April 29th. The transportation company reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.02). The company had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.70 billion. Canadian Pacific Kansas City had a net margin of 27.20% and a return on equity of 8.86%. The business’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.06 earnings per share. On average, research analysts predict that Canadian Pacific Kansas City Limited will post 3.76 EPS for the current year.

Canadian Pacific Kansas City Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Friday, June 26th will be paid a dividend of $0.268 per share. This is an increase from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. This represents a $1.07 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, June 26th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 20.68%.

Analysts Set New Price Targets

CP has been the topic of several research analyst reports. National Bank Financial upgraded Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. Susquehanna restated a “positive” rating and set a $104.00 price objective on shares of Canadian Pacific Kansas City in a research note on Friday. Royal Bank Of Canada cut their target price on Canadian Pacific Kansas City from $128.00 to $127.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. Citigroup raised their target price on Canadian Pacific Kansas City from $93.00 to $97.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, ATB Cormark Capital Markets cut Canadian Pacific Kansas City from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and an average price target of $98.63.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.