XTX Topco Ltd Has $1.82 Million Stock Holdings in Canadian Pacific Kansas City Limited (NYSE:CP)

XTX Topco Ltd boosted its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 138.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,279 shares of the transportation company’s stock after purchasing an additional 12,338 shares during the quarter. XTX Topco Ltd’s holdings in Canadian Pacific Kansas City were worth $1,820,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CP. Grove Bank & Trust increased its position in shares of Canadian Pacific Kansas City by 56.0% in the 3rd quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock valued at $31,000 after buying an additional 130 shares in the last quarter. Addison Advisors LLC grew its stake in Canadian Pacific Kansas City by 246.9% in the third quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 279 shares during the period. FSA Wealth Management LLC bought a new stake in shares of Canadian Pacific Kansas City in the third quarter worth about $34,000. Chris Bulman Inc acquired a new stake in shares of Canadian Pacific Kansas City during the second quarter worth about $35,000. Finally, Asset Dedication LLC bought a new position in shares of Canadian Pacific Kansas City during the 3rd quarter valued at about $38,000. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Citigroup lowered their target price on Canadian Pacific Kansas City from $98.00 to $91.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. Stifel Nicolaus lowered their price objective on shares of Canadian Pacific Kansas City from $83.00 to $82.00 and set a “hold” rating for the company in a research report on Friday, October 11th. Barclays raised their price objective on shares of Canadian Pacific Kansas City from $95.00 to $97.00 and gave the stock an “overweight” rating in a report on Wednesday, September 25th. Evercore ISI upped their target price on shares of Canadian Pacific Kansas City from $89.00 to $91.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 25th. Finally, Susquehanna raised Canadian Pacific Kansas City from a “neutral” rating to a “positive” rating and dropped their price target for the company from $94.00 to $92.00 in a research note on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $94.88.

Canadian Pacific Kansas City Stock Down 1.4 %

CP stock opened at $75.31 on Friday. The company has a market cap of $70.29 billion, a price-to-earnings ratio of 26.90, a P/E/G ratio of 2.27 and a beta of 0.96. Canadian Pacific Kansas City Limited has a twelve month low of $72.22 and a twelve month high of $91.58. The business has a 50 day moving average price of $78.30 and a two-hundred day moving average price of $80.03. 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 (NYSE:CP) (TSE:CP) last released its earnings results on Wednesday, October 23rd. The transportation company reported $0.99 earnings per share 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 firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.59 billion. During the same period in the prior year, the business posted $0.69 earnings per share. Canadian Pacific Kansas City’s quarterly revenue was up 6.3% compared to the same quarter last year. Analysts anticipate that Canadian Pacific Kansas City Limited will post 3.05 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Friday, December 27th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, December 27th. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. This represents a $0.56 annualized dividend and a dividend yield of 0.74%. Canadian Pacific Kansas City’s payout ratio is currently 19.64%.

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.