Montrusco Bolton Investments Inc. Has $2.36 Million Stake in Canadian Pacific Kansas City Limited (NYSE:CP)

Montrusco Bolton Investments Inc. boosted its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 8.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,547 shares of the transportation company’s stock after buying an additional 2,458 shares during the quarter. Montrusco Bolton Investments Inc.’s holdings in Canadian Pacific Kansas City were worth $2,355,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Millennium Management LLC boosted its holdings in Canadian Pacific Kansas City by 2,685.7% in the second quarter. Millennium Management LLC now owns 111,427 shares of the transportation company’s stock valued at $8,773,000 after acquiring an additional 107,427 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Canadian Pacific Kansas City by 9.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,275 shares of the transportation company’s stock worth $809,000 after purchasing an additional 919 shares during the period. IMS Capital Management bought a new stake in shares of Canadian Pacific Kansas City in the 2nd quarter valued at $532,000. Granite Bay Wealth Management LLC acquired a new stake in shares of Canadian Pacific Kansas City during the second quarter worth $513,000. Finally, Sanctuary Advisors LLC bought a new position in Canadian Pacific Kansas City during the second quarter worth $3,267,000. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on CP shares. StockNews.com downgraded Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Wednesday, December 25th. Benchmark restated a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday, October 24th. Stephens upgraded Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $81.00 to $88.00 in a report on Monday, January 6th. Susquehanna cut their target price on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating on the stock in a report on Wednesday, January 8th. Finally, Sanford C. Bernstein decreased their price target on shares of Canadian Pacific Kansas City from $91.98 to $91.25 and set a “market perform” rating for the company in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $92.63.

Canadian Pacific Kansas City Trading Down 1.9 %

Shares of CP opened at $79.15 on Wednesday. Canadian Pacific Kansas City Limited has a twelve month low of $70.89 and a twelve month high of $91.58. The stock has a market cap of $73.89 billion, a PE ratio of 28.27, a P/E/G ratio of 2.01 and a beta of 0.96. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. The business’s 50-day moving average price is $75.15 and its 200-day moving average price is $79.05.

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.