Montrusco Bolton Investments Inc. Grows Position in Canadian Pacific Kansas City Limited (NYSE:CP)

Montrusco Bolton Investments Inc. lifted its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CPFree Report) (TSE:CP) by 8.2% in the 4th quarter, Holdings Channel reports. The firm owned 32,547 shares of the transportation company’s stock after acquiring an additional 2,458 shares during the period. Montrusco Bolton Investments Inc.’s holdings in Canadian Pacific Kansas City were worth $2,355,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Millennium Management LLC lifted its position in Canadian Pacific Kansas City by 2,685.7% during the second quarter. Millennium Management LLC now owns 111,427 shares of the transportation company’s stock valued at $8,773,000 after purchasing an additional 107,427 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Canadian Pacific Kansas City by 9.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,275 shares of the transportation company’s stock worth $809,000 after acquiring an additional 919 shares in the last quarter. IMS Capital Management bought a new position in Canadian Pacific Kansas City in the second quarter valued at $532,000. Granite Bay Wealth Management LLC purchased a new stake in Canadian Pacific Kansas City during the second quarter valued at about $513,000. Finally, Sanctuary Advisors LLC bought a new stake in Canadian Pacific Kansas City during the second quarter worth about $3,267,000. 72.20% of the stock is currently owned by institutional investors.

Canadian Pacific Kansas City Price Performance

NYSE CP opened at $79.15 on Wednesday. Canadian Pacific Kansas City Limited has a one year low of $70.89 and a one year high of $91.58. The stock has a 50-day moving average of $75.15 and a 200 day moving average of $79.05. 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 company 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.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Wells Fargo & Company reduced 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 research report on Tuesday, January 7th. Bank of America cut their price objective on Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. Barclays reduced their price target on Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. StockNews.com cut shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Wednesday, December 25th. Finally, Susquehanna decreased their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $92.63.

View Our Latest Analysis on Canadian Pacific Kansas City

About Canadian Pacific Kansas City

(Free Report)

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.

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Institutional Ownership by Quarter for Canadian Pacific Kansas City (NYSE:CP)

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