Canadian Pacific Kansas City Limited (NYSE:CP) Shares Sold by Level Four Advisory Services LLC

Level Four Advisory Services LLC lowered its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 50.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,419 shares of the transportation company’s stock after selling 5,605 shares during the quarter. Level Four Advisory Services LLC’s holdings in Canadian Pacific Kansas City were worth $392,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Captrust Financial Advisors boosted its holdings in shares of Canadian Pacific Kansas City by 5.5% in the third quarter. Captrust Financial Advisors now owns 54,109 shares of the transportation company’s stock valued at $4,629,000 after acquiring an additional 2,838 shares in the last quarter. Edgestream Partners L.P. acquired a new position in shares of Canadian Pacific Kansas City during the 3rd quarter valued at $210,000. Erste Asset Management GmbH bought a new stake in shares of Canadian Pacific Kansas City in the 3rd quarter worth $9,713,000. FSA Wealth Management LLC acquired a new stake in shares of Canadian Pacific Kansas City in the third quarter valued at $34,000. Finally, Benjamin Edwards Inc. bought a new position in Canadian Pacific Kansas City during the third quarter valued at about $235,000. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

CP has been the topic of several research reports. Susquehanna dropped their price target on shares of Canadian Pacific Kansas City from $90.00 to $88.00 and set a “positive” rating on the stock in a research report on Thursday, March 27th. Wells Fargo & Company cut their target price on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Citigroup lifted their price target on shares of Canadian Pacific Kansas City from $88.00 to $91.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Royal Bank of Canada increased their price objective on Canadian Pacific Kansas City from $124.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. Finally, Wolfe Research upgraded Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 target price on the stock in a report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $94.95.

Canadian Pacific Kansas City Stock Performance

Shares of CP opened at $70.26 on Tuesday. The company has a market capitalization of $65.60 billion, a PE ratio of 24.23, a PEG ratio of 2.00 and a beta of 0.98. 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’s 50 day moving average price is $76.36 and its 200 day moving average price is $77.31. Canadian Pacific Kansas City Limited has a 52 week low of $68.00 and a 52 week high of $89.26.

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

Canadian Pacific Kansas City Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be paid a dividend of $0.1318 per share. This represents a $0.53 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date of this dividend is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 17.93%.

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.