Canadian Pacific Kansas City Limited (NYSE:CP) Given Consensus Rating of “Moderate Buy” by Analysts

Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) has received a consensus rating of “Moderate Buy” from the seventeen research firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $95.45.

Several equities research analysts recently issued reports on CP shares. Wells Fargo & Company cut their price target on 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. Bank of America reduced their target price on Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating on the stock in a report on Thursday, October 24th. Stephens upped their price objective on shares of Canadian Pacific Kansas City from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Barclays decreased their target price on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Finally, Stifel Nicolaus dropped their target price on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating for the company in a research report on Thursday, January 16th.

Canadian Pacific Kansas City Stock Down 1.2 %

CP stock opened at $78.32 on Thursday. The business’s fifty day moving average price is $75.90 and its two-hundred day moving average price is $78.58. The stock has a market capitalization of $73.13 billion, a price-to-earnings ratio of 27.01, a PEG ratio of 2.00 and a beta of 0.97. Canadian Pacific Kansas City has a fifty-two week low of $70.89 and a fifty-two week high of $91.58. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings data on Wednesday, January 29th. The transportation company reported $0.92 earnings per share for the quarter, topping 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%. On average, equities analysts anticipate that Canadian Pacific Kansas City will post 3.4 earnings per share for the current year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors 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 0.67%. Canadian Pacific Kansas City’s dividend payout ratio is currently 18.62%.

Hedge Funds Weigh In On Canadian Pacific Kansas City

Large investors have recently bought and sold shares of the company. Grove Bank & Trust raised its position in Canadian Pacific Kansas City by 56.0% during the 3rd quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock worth $31,000 after purchasing an additional 130 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Canadian Pacific Kansas City in the fourth quarter valued at about $33,000. Addison Advisors LLC raised its position in shares of Canadian Pacific Kansas City by 246.9% during the third quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock worth $34,000 after acquiring an additional 279 shares during the last quarter. FSA Wealth Management LLC acquired a new position in shares of Canadian Pacific Kansas City in the third quarter worth approximately $34,000. Finally, Stonebridge Financial Group LLC bought a new stake in Canadian Pacific Kansas City in the fourth quarter valued at approximately $34,000. 72.20% of the stock is currently owned by institutional investors.

Canadian Pacific Kansas City Company 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.