GHP Investment Advisors Inc. Sells 1,006 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

GHP Investment Advisors Inc. trimmed its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 3.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,152 shares of the transportation company’s stock after selling 1,006 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Canadian Pacific Kansas City were worth $2,327,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of CP. GAMMA Investing LLC boosted its stake in Canadian Pacific Kansas City by 8.7% in the 3rd quarter. GAMMA Investing LLC now owns 2,434 shares of the transportation company’s stock worth $208,000 after purchasing an additional 195 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in Canadian Pacific Kansas City by 4.6% in the third quarter. Dynamic Advisor Solutions LLC now owns 4,334 shares of the transportation company’s stock worth $371,000 after buying an additional 190 shares during the last quarter. Atomi Financial Group Inc. raised its holdings in Canadian Pacific Kansas City by 57.7% in the third quarter. Atomi Financial Group Inc. now owns 6,619 shares of the transportation company’s stock worth $566,000 after buying an additional 2,421 shares during the last quarter. CWM LLC lifted its stake in shares of Canadian Pacific Kansas City by 5.0% in the third quarter. CWM LLC now owns 7,425 shares of the transportation company’s stock worth $635,000 after buying an additional 352 shares in the last quarter. Finally, Capital Insight Partners LLC grew its holdings in shares of Canadian Pacific Kansas City by 3.2% during the third quarter. Capital Insight Partners LLC now owns 37,658 shares of the transportation company’s stock valued at $3,221,000 after buying an additional 1,164 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Canadian Pacific Kansas City Trading Up 0.3 %

Shares of CP stock opened at $78.32 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46. The company has a market cap of $73.12 billion, a price-to-earnings ratio of 27.01, a PEG ratio of 2.06 and a beta of 0.97. Canadian Pacific Kansas City Limited has a 1 year low of $70.89 and a 1 year high of $91.58. The firm has a fifty day moving average price of $75.47 and a 200-day moving average price of $78.84.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its quarterly earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, beating 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%. As a group, equities analysts predict that Canadian Pacific Kansas City Limited will post 3.39 earnings per share for the current year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be issued a $0.1318 dividend. This represents a $0.53 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio is 18.62%.

Analyst Ratings Changes

A number of brokerages recently weighed in on CP. Benchmark restated a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday, January 30th. Stephens upped their price target on Canadian Pacific Kansas City from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Susquehanna dropped their price objective on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating on the stock in a research report on Wednesday, January 8th. Royal Bank of Canada boosted their target price on Canadian Pacific Kansas City from $124.00 to $128.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Finally, Barclays dropped their price target 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. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock 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.