Schaper Benz & Wise Investment Counsel Inc. WI Increases Stock Holdings in Canadian Pacific Kansas City Limited (NYSE:CP)

Schaper Benz & Wise Investment Counsel Inc. WI boosted its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 6.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 97,705 shares of the transportation company’s stock after acquiring an additional 6,001 shares during the quarter. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Canadian Pacific Kansas City were worth $7,071,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of CP. Kestra Investment Management LLC purchased a new position in Canadian Pacific Kansas City during the 4th quarter valued at $33,000. Addison Advisors LLC lifted its holdings in shares of Canadian Pacific Kansas City by 246.9% in the 3rd 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 purchased a new stake in shares of Canadian Pacific Kansas City in the 3rd quarter worth $34,000. Stonebridge Financial Group LLC purchased a new stake in shares of Canadian Pacific Kansas City in the 4th quarter worth $34,000. Finally, YANKCOM Partnership purchased a new stake in shares of Canadian Pacific Kansas City in the 4th quarter worth $36,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Stock Performance

Shares of CP opened at $77.69 on Friday. The stock has a 50-day simple moving average of $76.81 and a 200-day simple moving average of $78.49. 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 stock has a market capitalization of $72.54 billion, a PE ratio of 26.79, a PEG ratio of 2.00 and a beta of 0.98. Canadian Pacific Kansas City Limited has a 1 year low of $70.89 and a 1 year high of $91.58.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its quarterly earnings results on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. On average, analysts predict that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 28th will be given a dividend of $0.1318 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.53 dividend on an annualized basis and a yield of 0.68%. Canadian Pacific Kansas City’s payout ratio is 17.93%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CP. Royal Bank of Canada upped their target price on Canadian Pacific Kansas City from $124.00 to $128.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. StockNews.com lowered Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research report on Wednesday, December 25th. Citigroup upped their target price on Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. Stifel Nicolaus dropped their price target on 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, Benchmark reiterated a “hold” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat, Canadian Pacific Kansas City has a consensus rating of “Moderate Buy” and an average price target of $95.45.

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.