Kirr Marbach & Co. LLC IN Decreases Holdings in Canadian Pacific Kansas City Limited (NYSE:CP)

Kirr Marbach & Co. LLC IN decreased its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 1.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 168,929 shares of the transportation company’s stock after selling 2,235 shares during the period. Canadian Pacific Kansas City makes up approximately 2.7% of Kirr Marbach & Co. LLC IN’s investment portfolio, making the stock its 14th biggest position. Kirr Marbach & Co. LLC IN’s holdings in Canadian Pacific Kansas City were worth $12,248,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Grove Bank & Trust lifted its position in Canadian Pacific Kansas City by 56.0% in the third quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 130 shares during the last quarter. Addison Advisors LLC increased its stake in shares of Canadian Pacific Kansas City by 246.9% in the third quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock worth $34,000 after buying an additional 279 shares during the period. FSA Wealth Management LLC bought a new stake in Canadian Pacific Kansas City during the 3rd quarter valued at $34,000. Asset Dedication LLC purchased a new stake in Canadian Pacific Kansas City during the 3rd quarter valued at $38,000. Finally, Kennebec Savings Bank bought a new stake in Canadian Pacific Kansas City in the 3rd quarter worth $42,000. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Price Performance

CP stock opened at $79.15 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. The firm has a 50 day moving average price of $75.04 and a 200-day moving average price of $79.08. Canadian Pacific Kansas City Limited has a 52-week low of $70.89 and a 52-week high of $91.58. The firm has a market capitalization of $73.89 billion, a price-to-earnings ratio of 28.27, a PEG ratio of 2.01 and a beta of 0.96.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Bank of America lowered their price objective on shares of Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Barclays dropped their price objective on Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating for the company in a report on Friday, January 17th. Susquehanna reduced their target price on 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. Citigroup decreased their target price on Canadian Pacific Kansas City from $98.00 to $91.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. Finally, Wolfe Research raised shares of Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price objective on the stock in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $92.63.

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.