Canadian Pacific Kansas City (TSE:CP) Insider Sells 21,035 Shares

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider James Dominic Luther Clements sold 21,035 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of C$125.68, for a total transaction of C$2,643,678.80.

Canadian Pacific Kansas City Stock Up 0.9%

CP stock traded up C$1.18 during mid-day trading on Monday, reaching C$126.57. 392,314 shares of the company traded hands, compared to its average volume of 1,486,734. The company has a quick ratio of 0.42, a current ratio of 0.67 and a debt-to-equity ratio of 52.35. The firm’s 50 day moving average price is C$116.19 and its 200 day moving average price is C$109.47. The stock has a market cap of C$112.36 billion, a price-to-earnings ratio of 28.25, a P/E/G ratio of 2.32 and a beta of 1.29. Canadian Pacific Kansas City Limited has a fifty-two week low of C$96.50 and a fifty-two week high of C$127.17.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 27.03%.The company had revenue of C$3.70 billion for the quarter. As a group, equities research analysts predict that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, April 27th were paid a $0.228 dividend. The ex-dividend date was Friday, March 27th. This represents a $0.91 annualized dividend and a dividend yield of 0.7%. Canadian Pacific Kansas City’s dividend payout ratio is presently 20.36%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Raymond James Financial upped their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Scotiabank increased their price target on Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the company a “hold” rating in a research report on Thursday, April 9th. BMO Capital Markets lifted their price target on Canadian Pacific Kansas City from C$126.00 to C$132.00 in a report on Thursday, February 19th. Royal Bank Of Canada reduced their price objective on Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an “outperform” rating for the company in a research note on Thursday, April 30th. Finally, ATB Cormark Capital Markets raised their target price on Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the company a “moderate buy” rating in a research report on Friday, April 17th. Eight investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$123.07.

Canadian Pacific Kansas City Company Profile

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.