Cypress Capital Management LLC WY Sells 1,045 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Cypress Capital Management LLC WY decreased its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 7.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,215 shares of the transportation company’s stock after selling 1,045 shares during the quarter. Cypress Capital Management LLC WY’s holdings in Canadian Pacific Kansas City were worth $956,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. First Affirmative Financial Network boosted its holdings in Canadian Pacific Kansas City by 9.4% during the 4th quarter. First Affirmative Financial Network now owns 7,752 shares of the transportation company’s stock worth $561,000 after acquiring an additional 665 shares during the last quarter. Hanson & Doremus Investment Management lifted its position in shares of Canadian Pacific Kansas City by 200.8% during the fourth quarter. Hanson & Doremus Investment Management now owns 1,498 shares of the transportation company’s stock valued at $108,000 after purchasing an additional 1,000 shares in the last quarter. Montrusco Bolton Investments Inc. boosted its holdings in Canadian Pacific Kansas City by 8.2% during the fourth quarter. Montrusco Bolton Investments Inc. now owns 32,547 shares of the transportation company’s stock worth $2,355,000 after purchasing an additional 2,458 shares during the last quarter. Foster Victor Wealth Advisors LLC boosted its holdings in Canadian Pacific Kansas City by 37.2% during the fourth quarter. Foster Victor Wealth Advisors LLC now owns 213,485 shares of the transportation company’s stock worth $15,973,000 after purchasing an additional 57,866 shares during the last quarter. Finally, R Squared Ltd bought a new stake in Canadian Pacific Kansas City in the 4th quarter worth about $218,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Canadian Pacific Kansas City Stock Up 1.1 %

Canadian Pacific Kansas City stock opened at $79.69 on Friday. The firm has a market capitalization of $74.39 billion, a price-to-earnings ratio of 28.46, a P/E/G ratio of 2.01 and a beta of 0.96. The firm has a 50 day simple moving average of $75.25 and a 200 day simple moving average of $79.04. Canadian Pacific Kansas City Limited has a 1-year low of $70.89 and a 1-year high of $91.58. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 24.50%. On average, analysts predict that Canadian Pacific Kansas City Limited will post 3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Sanford C. Bernstein dropped their target price on shares of Canadian Pacific Kansas City from $91.98 to $91.25 and set a “market perform” rating on the stock in a research report on Wednesday, October 9th. Royal Bank of Canada boosted their price objective on Canadian Pacific Kansas City from $124.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday. Stephens upped their price objective on Canadian Pacific Kansas City from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Thursday. StockNews.com cut Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research note on Wednesday, December 25th. Finally, Benchmark restated a “hold” rating on shares of Canadian Pacific Kansas City in a research report on Thursday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, Canadian Pacific Kansas City presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.45.

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.