Canadian Pacific Kansas City Limited (NYSE:CP) Given Average Recommendation of “Moderate Buy” by Analysts

Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) has been given an average recommendation of “Moderate Buy” by the seventeen analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $95.45.

CP has been the subject of several research reports. Stephens boosted their price objective on shares of Canadian Pacific Kansas City from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Citigroup boosted their price objective on shares of Canadian Pacific Kansas City from $88.00 to $91.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Susquehanna cut their target price on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating on the stock in a research note on Wednesday, January 8th. Stifel Nicolaus cut their target price on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating on the stock in a research note on Thursday, January 16th. Finally, Wells Fargo & Company lowered their price objective 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.

Canadian Pacific Kansas City Stock Down 0.9 %

CP stock opened at $77.69 on Monday. The stock has a market capitalization of $72.54 billion, a P/E ratio of 26.79, a PEG ratio of 2.00 and a beta of 0.98. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. Canadian Pacific Kansas City has a one year low of $70.89 and a one year high of $91.58. The company has a 50 day moving average price of $76.81 and a two-hundred day moving average price of $78.48.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings data 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 net margin of 25.51% and a return on equity of 8.86%. As a group, sell-side analysts expect that Canadian Pacific Kansas City will post 3.42 EPS for the current year.

Canadian Pacific Kansas City Cuts Dividend

The business also recently declared 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. This represents a $0.53 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio is currently 17.93%.

Institutional Trading of Canadian Pacific Kansas City

Institutional investors have recently made changes to their positions in the stock. S&CO Inc. lifted its stake in shares of Canadian Pacific Kansas City by 183.3% in the 3rd quarter. S&CO Inc. now owns 17,000 shares of the transportation company’s stock worth $1,454,000 after acquiring an additional 11,000 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of Canadian Pacific Kansas City in the 4th quarter valued at approximately $2,602,000. Swiss National Bank increased its stake in Canadian Pacific Kansas City by 0.8% in the 3rd quarter. Swiss National Bank now owns 2,820,893 shares of the transportation company’s stock valued at $241,645,000 after buying an additional 23,000 shares during the period. Oak Family Advisors LLC acquired a new position in Canadian Pacific Kansas City in the 4th quarter valued at approximately $262,000. Finally, Barclays PLC increased its stake in Canadian Pacific Kansas City by 2.8% in the 3rd quarter. Barclays PLC now owns 2,929,642 shares of the transportation company’s stock valued at $250,602,000 after buying an additional 81,111 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

About Canadian Pacific Kansas City

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.