GAMMA Investing LLC Acquires 495 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

GAMMA Investing LLC raised its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 20.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,929 shares of the transportation company’s stock after buying an additional 495 shares during the quarter. GAMMA Investing LLC’s holdings in Canadian Pacific Kansas City were worth $212,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Private Advisor Group LLC grew its stake in shares of Canadian Pacific Kansas City by 11.5% during the second quarter. Private Advisor Group LLC now owns 10,918 shares of the transportation company’s stock worth $860,000 after acquiring an additional 1,130 shares during the last quarter. Savant Capital LLC lifted its stake in shares of Canadian Pacific Kansas City by 1.2% during the second quarter. Savant Capital LLC now owns 27,450 shares of the transportation company’s stock worth $2,161,000 after buying an additional 334 shares during the period. Acadian Asset Management LLC grew its holdings in shares of Canadian Pacific Kansas City by 521.3% during the second quarter. Acadian Asset Management LLC now owns 36,036 shares of the transportation company’s stock valued at $2,836,000 after buying an additional 30,236 shares during the last quarter. Certuity LLC acquired a new position in shares of Canadian Pacific Kansas City in the 2nd quarter valued at $217,000. Finally, Caprock Group LLC raised its stake in Canadian Pacific Kansas City by 56.9% in the 2nd quarter. Caprock Group LLC now owns 9,904 shares of the transportation company’s stock worth $781,000 after acquiring an additional 3,593 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Up 1.1 %

Shares of CP opened at $77.17 on Wednesday. The firm’s fifty day moving average is $75.21 and its two-hundred day moving average is $79.41. The stock has a market cap of $72.03 billion, a PE ratio of 27.56, a price-to-earnings-growth ratio of 2.26 and a beta of 0.96. 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 52-week low of $70.89 and a 52-week high of $91.58.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.01 by ($0.02). Canadian Pacific Kansas City had a net margin of 24.50% and a return on equity of 8.78%. The business had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.59 billion. During the same period in the prior year, the company posted $0.69 EPS. The firm’s revenue was up 6.3% on a year-over-year basis. Research analysts forecast that Canadian Pacific Kansas City Limited will post 3.05 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Friday, December 27th will be given a dividend of $0.14 per share. This is an increase from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Friday, December 27th. This represents a $0.56 dividend on an annualized basis and a yield of 0.73%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 20.00%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CP. StockNews.com downgraded Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research note on Wednesday, December 25th. Wells Fargo & Company cut their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating on the stock in a report on Tuesday. Susquehanna upgraded shares of Canadian Pacific Kansas City from a “neutral” rating to a “positive” rating and decreased their price objective for the company from $94.00 to $92.00 in a research note on Thursday, October 24th. Stephens raised Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $81.00 to $88.00 in a report on Monday. Finally, Benchmark reiterated a “hold” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.79.

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.