Canadian Pacific Kansas City (TSE:CP) Insider Maeghan Dawn Albiston Sells 3,645 Shares

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Maeghan Dawn Albiston sold 3,645 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of C$126.61, for a total value of C$461,493.45.

Maeghan Dawn Albiston also recently made the following trade(s):

• On Thursday, May 28th, Maeghan Dawn Albiston sold 5,690 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$125.00, for a total value of C$711,250.00.

Canadian Pacific Kansas City Trading Down 0.1%

CP stock traded down C$0.15 during midday trading on Thursday, reaching C$123.69. The stock had a trading volume of 649,294 shares, compared to its average volume of 1,497,619. The firm has a market cap of C$109.80 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 2.32 and a beta of 1.18. Canadian Pacific Kansas City Limited has a twelve month low of C$96.50 and a twelve month high of C$126.95. The company has a quick ratio of 0.42, a current ratio of 0.67 and a debt-to-equity ratio of 52.35. The business has a fifty day simple moving average of C$115.59 and a two-hundred day simple moving average of C$109.10.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. Canadian Pacific Kansas City had a net margin of 27.03% and a return on equity of 8.78%. The company had revenue of C$3.70 billion for the quarter. As a group, research analysts expect that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 27th were issued a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, March 27th. Canadian Pacific Kansas City’s payout ratio is currently 20.36%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CP. Sanford C. Bernstein increased their price target on Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research note on Tuesday, March 31st. Royal Bank Of Canada dropped their price objective on Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an “outperform” rating for the company in a report on Thursday, April 30th. Desjardins increased their target price on Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. BMO Capital Markets raised their target price on Canadian Pacific Kansas City from C$126.00 to C$132.00 in a report on Thursday, February 19th. Finally, JPMorgan Chase & Co. boosted their target price on Canadian Pacific Kansas City from C$120.00 to C$133.00 in a research report on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and an average price target of C$123.07.

Canadian Pacific Kansas City Company Profile

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.