Dean Capital Investments Management LLC Purchases Shares of 1,291 Canadian Pacific Railway Limited (CP)

Dean Capital Investments Management LLC acquired a new stake in Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,291 shares of the transportation company’s stock, valued at approximately $236,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CP. TD Asset Management Inc. increased its position in shares of Canadian Pacific Railway by 5.7% during the third quarter. TD Asset Management Inc. now owns 3,932,999 shares of the transportation company’s stock worth $659,089,000 after acquiring an additional 213,056 shares during the period. Hansberger Growth Investors LP increased its position in shares of Canadian Pacific Railway by 9.4% during the third quarter. Hansberger Growth Investors LP now owns 50,253 shares of the transportation company’s stock worth $8,444,000 after acquiring an additional 4,320 shares during the period. CIBC Asset Management Inc increased its holdings in Canadian Pacific Railway by 22.2% in the third quarter. CIBC Asset Management Inc now owns 2,678,780 shares of the transportation company’s stock valued at $448,756,000 after buying an additional 486,845 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Canadian Pacific Railway by 15.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 5,744 shares of the transportation company’s stock valued at $925,000 after buying an additional 751 shares during the last quarter. Finally, Investec Asset Management LTD increased its holdings in Canadian Pacific Railway by 36.2% in the third quarter. Investec Asset Management LTD now owns 275,062 shares of the transportation company’s stock valued at $46,219,000 after buying an additional 73,097 shares during the last quarter. Hedge funds and other institutional investors own 67.12% of the company’s stock.

Shares of Canadian Pacific Railway Limited (NYSE CP) traded up $2.02 during trading on Monday, reaching $173.52. 90,798 shares of the company’s stock were exchanged, compared to its average volume of 549,987. Canadian Pacific Railway Limited has a 12 month low of $143.20 and a 12 month high of $188.74. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.44 and a current ratio of 0.53. The stock has a market capitalization of $24,900.00, a PE ratio of 13.10, a PEG ratio of 1.41 and a beta of 1.08.

Canadian Pacific Railway (NYSE:CP) (TSE:CP) last issued its quarterly earnings data on Thursday, January 18th. The transportation company reported $2.54 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.57 by ($0.03). Canadian Pacific Railway had a return on equity of 31.61% and a net margin of 36.88%. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.36 billion. research analysts predict that Canadian Pacific Railway Limited will post 10.51 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 29th. Stockholders of record on Friday, December 29th were paid a dividend of $0.44 per share. The ex-dividend date was Thursday, December 28th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.01%. Canadian Pacific Railway’s dividend payout ratio (DPR) is 13.98%.

Several research firms recently commented on CP. Cowen increased their target price on Canadian Pacific Railway from $182.00 to $184.00 and gave the company an “outperform” rating in a report on Wednesday, October 18th. Goldman Sachs Group began coverage on Canadian Pacific Railway in a report on Monday, November 13th. They set a “neutral” rating and a $178.00 price objective on the stock. Deutsche Bank began coverage on Canadian Pacific Railway in a report on Wednesday, November 1st. They set a “buy” rating and a $209.00 price objective on the stock. Argus increased their target price on shares of Canadian Pacific Railway from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, October 19th. Finally, BMO Capital Markets reiterated a “buy” rating and set a $238.00 target price on shares of Canadian Pacific Railway in a research note on Wednesday, October 18th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $190.53.

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Canadian Pacific Railway Profile

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The Company operates through rail transportation segment. The Company’s transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles.

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

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