Kirr Marbach & Co. LLC IN Sells 2,235 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Kirr Marbach & Co. LLC IN decreased its position in Canadian Pacific Kansas City Limited (NYSE:CPFree Report) (TSE:CP) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 168,929 shares of the transportation company’s stock after selling 2,235 shares during the period. Canadian Pacific Kansas City accounts for 2.7% of Kirr Marbach & Co. LLC IN’s investment portfolio, making the stock its 14th biggest holding. Kirr Marbach & Co. LLC IN’s holdings in Canadian Pacific Kansas City were worth $12,248,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Grove Bank & Trust increased its holdings in Canadian Pacific Kansas City by 56.0% during the third quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock worth $31,000 after buying an additional 130 shares during the last quarter. Addison Advisors LLC increased its stake in shares of Canadian Pacific Kansas City by 246.9% during the 3rd quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock worth $34,000 after purchasing an additional 279 shares during the last quarter. FSA Wealth Management LLC bought a new stake in shares of Canadian Pacific Kansas City in the 3rd quarter worth approximately $34,000. Asset Dedication LLC purchased a new position in Canadian Pacific Kansas City in the third quarter valued at approximately $38,000. Finally, Kennebec Savings Bank bought a new position in Canadian Pacific Kansas City during the third quarter valued at $42,000. Institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Barclays dropped 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 report on Friday, January 17th. Bank of America cut their target price on shares of Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. Wells Fargo & Company lowered 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. Susquehanna cut their price objective on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a report on Wednesday, January 8th. Finally, Stephens raised shares of Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $81.00 to $88.00 in a report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $92.63.

Read Our Latest Analysis on CP

Canadian Pacific Kansas City Stock Performance

Shares of CP opened at $79.15 on Wednesday. Canadian Pacific Kansas City Limited has a 12-month low of $70.89 and a 12-month 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. The company has a market cap of $73.89 billion, a PE ratio of 28.27, a price-to-earnings-growth ratio of 2.01 and a beta of 0.96. The stock has a 50-day moving average price of $75.04 and a 200-day moving average price of $79.08.

Canadian Pacific Kansas City Profile

(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.

Further Reading

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

Receive News & Ratings for Canadian Pacific Kansas City Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Pacific Kansas City and related companies with MarketBeat.com's FREE daily email newsletter.