Savant Capital LLC Sells 811 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Savant Capital LLC reduced its position in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 2.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 29,468 shares of the transportation company’s stock after selling 811 shares during the period. Savant Capital LLC’s holdings in Canadian Pacific Kansas City were worth $2,133,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC boosted its holdings in shares of Canadian Pacific Kansas City by 5.0% during the 3rd quarter. CWM LLC now owns 7,425 shares of the transportation company’s stock worth $635,000 after buying an additional 352 shares during the period. Procyon Advisors LLC bought a new stake in shares of Canadian Pacific Kansas City during the third quarter worth approximately $259,000. Grove Bank & Trust boosted its holdings in shares of Canadian Pacific Kansas City by 56.0% during the third quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock worth $31,000 after acquiring an additional 130 shares during the period. Creative Planning grew its position in shares of Canadian Pacific Kansas City by 9.6% in the third quarter. Creative Planning now owns 143,058 shares of the transportation company’s stock valued at $12,237,000 after purchasing an additional 12,558 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC increased its stake in shares of Canadian Pacific Kansas City by 24.3% during the third quarter. Foster Victor Wealth Advisors LLC now owns 155,619 shares of the transportation company’s stock worth $12,520,000 after purchasing an additional 30,408 shares during the period. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Down 0.7 %

CP opened at $77.86 on Thursday. The stock has a market cap of $72.69 billion, a PE ratio of 26.85, a price-to-earnings-growth ratio of 2.02 and a beta of 0.97. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. Canadian Pacific Kansas City Limited has a twelve month low of $70.89 and a twelve month high of $91.58. The company has a fifty day moving average of $75.63 and a 200-day moving average of $78.71.

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 (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. On average, sell-side analysts predict that Canadian Pacific Kansas City Limited will post 3.4 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. Stockholders of record on Friday, March 28th will be paid a $0.1318 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.53 annualized dividend and a dividend yield of 0.68%. Canadian Pacific Kansas City’s dividend payout ratio is presently 17.93%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Benchmark reiterated a “hold” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, January 30th. Barclays dropped their price objective on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Stephens increased their target price on shares of Canadian Pacific Kansas City from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Wells Fargo & Company dropped their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Finally, Citigroup boosted their price target on Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Canadian Pacific Kansas City has a consensus rating of “Moderate Buy” and a consensus target price of $95.45.

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.