Whipplewood Advisors LLC Acquires Shares of 2,657 Canadian Pacific Kansas City Limited (NYSE:CP)

Whipplewood Advisors LLC acquired a new stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) in the 4th quarter, Holdings Channel reports. The firm acquired 2,657 shares of the transportation company’s stock, valued at approximately $192,000.

Several other institutional investors have also bought and sold shares of CP. Kestra Investment Management LLC bought a new position in Canadian Pacific Kansas City during the fourth quarter valued at $33,000. Addison Advisors LLC lifted its position in Canadian Pacific Kansas City by 246.9% during the third quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 279 shares during the last quarter. FSA Wealth Management LLC bought a new position in Canadian Pacific Kansas City during the third quarter valued at $34,000. Stonebridge Financial Group LLC bought a new position in Canadian Pacific Kansas City during the fourth quarter valued at $34,000. Finally, YANKCOM Partnership bought a new position in Canadian Pacific Kansas City during the fourth quarter valued at $36,000. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Down 1.6 %

NYSE CP opened at $76.51 on Friday. 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 has a market capitalization of $71.43 billion, a price-to-earnings ratio of 26.38, a price-to-earnings-growth ratio of 2.00 and a beta of 0.97. The company’s 50-day simple moving average is $76.35 and its two-hundred day simple moving average is $78.56. Canadian Pacific Kansas City Limited has a one year low of $70.89 and a one year high of $91.58.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its earnings results on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates 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%. Equities analysts forecast that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 28th will be given a dividend of $0.1318 per share. This represents a $0.53 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 17.93%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CP shares. Royal Bank of Canada increased their target price on shares of Canadian Pacific Kansas City from $124.00 to $128.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. Citigroup increased their target price on shares of Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Benchmark reissued a “hold” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, January 30th. StockNews.com downgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research note on Wednesday, December 25th. Finally, Stephens increased their target price on shares of Canadian Pacific Kansas City from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, Canadian Pacific Kansas City presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.45.

About Canadian Pacific Kansas City

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.