Blair William & Co. IL Sells 1,817 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Blair William & Co. IL lowered its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 2.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 90,354 shares of the transportation company’s stock after selling 1,817 shares during the quarter. Blair William & Co. IL’s holdings in Canadian Pacific Kansas City were worth $6,539,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CP. Kestra Investment Management LLC purchased a new stake in shares of Canadian Pacific Kansas City during the fourth quarter worth about $33,000. FSA Wealth Management LLC bought a new position in Canadian Pacific Kansas City during the 3rd quarter valued at approximately $34,000. Stonebridge Financial Group LLC bought a new position in Canadian Pacific Kansas City during the 4th quarter valued at approximately $34,000. YANKCOM Partnership purchased a new stake in Canadian Pacific Kansas City in the 4th quarter worth approximately $36,000. Finally, Millstone Evans Group LLC bought a new stake in shares of Canadian Pacific Kansas City in the 4th quarter worth approximately $36,000. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Down 3.1 %

Canadian Pacific Kansas City stock opened at $69.31 on Monday. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. The company has a market cap of $64.72 billion, a P/E ratio of 23.90, a P/E/G ratio of 2.00 and a beta of 0.98. The business has a 50-day simple moving average of $76.45 and a two-hundred day simple moving average of $77.42. Canadian Pacific Kansas City Limited has a 52-week low of $69.25 and a 52-week high of $89.26.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a net margin of 25.51% and a return on equity of 8.86%. Analysts predict that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be paid a dividend of $0.1318 per share. This represents a $0.53 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 17.93%.

Analyst Ratings Changes

A number of equities analysts recently commented on CP shares. Susquehanna decreased their target price on Canadian Pacific Kansas City from $90.00 to $88.00 and set a “positive” rating for the company in a report on Thursday. Barclays dropped their target price on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. StockNews.com cut shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research report on Wednesday, December 25th. Stifel Nicolaus lowered their price objective on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating for the company in a report on Thursday, January 16th. Finally, Argus set a $90.00 target price on Canadian Pacific Kansas City in a report on Wednesday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $94.95.

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.