Orion Porfolio Solutions LLC Sells 21,880 Shares of Canadian Pacific Kansas City Limited $CP

Orion Porfolio Solutions LLC cut its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 15.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 120,717 shares of the transportation company’s stock after selling 21,880 shares during the period. Orion Porfolio Solutions LLC’s holdings in Canadian Pacific Kansas City were worth $8,992,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in Canadian Pacific Kansas City in the 2nd quarter valued at $27,000. Caldwell Trust Co acquired a new position in shares of Canadian Pacific Kansas City in the 3rd quarter valued at $30,000. Acadian Asset Management LLC acquired a new stake in shares of Canadian Pacific Kansas City during the 1st quarter valued at about $35,000. Cornerstone Planning Group LLC increased its stake in Canadian Pacific Kansas City by 205.5% in the third quarter. Cornerstone Planning Group LLC now owns 498 shares of the transportation company’s stock valued at $36,000 after acquiring an additional 335 shares during the period. Finally, SJS Investment Consulting Inc. bought a new stake in Canadian Pacific Kansas City in the third quarter valued at about $39,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CP shares. Royal Bank Of Canada reissued an “outperform” rating and issued a $124.00 price target (down from $127.00) on shares of Canadian Pacific Kansas City in a research report on Thursday, January 29th. Barclays set a $93.00 price objective on Canadian Pacific Kansas City in a report on Thursday, January 29th. Scotiabank reiterated an “outperform” rating on shares of Canadian Pacific Kansas City in a research note on Wednesday, January 21st. Wall Street Zen cut Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, National Bank Financial downgraded Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 8th. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $92.00.

Canadian Pacific Kansas City Stock Down 2.7%

NYSE:CP opened at $82.93 on Friday. The stock’s fifty day moving average price is $78.17 and its two-hundred day moving average price is $75.52. Canadian Pacific Kansas City Limited has a 52-week low of $66.49 and a 52-week high of $89.42. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.41 and a current ratio of 0.49. The company has a market cap of $74.47 billion, a price-to-earnings ratio of 25.67, a P/E/G ratio of 1.83 and a beta of 1.06.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its earnings results on Wednesday, January 28th. The transportation company reported $0.95 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.04). Canadian Pacific Kansas City had a net margin of 27.49% and a return on equity of 8.91%. The firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.85 billion. During the same period last year, the business posted $1.29 earnings per share. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. On average, analysts anticipate that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current year.

Canadian Pacific Kansas City Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Friday, March 27th will be issued a $0.228 dividend. The ex-dividend date is Friday, March 27th. This represents a $0.91 annualized dividend and a yield of 1.1%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 20.43%.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.