Partners Group Holding AG Takes Position in Canadian Pacific Kansas City Limited $CP

Partners Group Holding AG acquired a new stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 263,598 shares of the transportation company’s stock, valued at approximately $19,376,000. Canadian Pacific Kansas City accounts for 1.3% of Partners Group Holding AG’s holdings, making the stock its 25th biggest holding.

Several other large investors also recently bought and sold shares of CP. Acadian Asset Management LLC purchased a new position in shares of Canadian Pacific Kansas City in the 1st quarter valued at about $35,000. Cornerstone Planning Group LLC lifted its position in Canadian Pacific Kansas City by 205.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 498 shares of the transportation company’s stock worth $36,000 after acquiring an additional 335 shares during the period. Wealth Watch Advisors INC acquired a new stake in shares of Canadian Pacific Kansas City in the 3rd quarter valued at approximately $36,000. Aventura Private Wealth LLC acquired a new stake in shares of Canadian Pacific Kansas City in the 4th quarter valued at approximately $37,000. Finally, McIlrath & Eck LLC raised its holdings in Canadian Pacific Kansas City by 475.3% during the fourth quarter. McIlrath & Eck LLC now owns 512 shares of the transportation company’s stock worth $38,000 after purchasing an additional 423 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CP shares. National Bank Financial raised Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. ATB Cormark Capital Markets downgraded Canadian Pacific Kansas City from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, April 17th. Sanford C. Bernstein lifted their target price on Canadian Pacific Kansas City from $85.41 to $90.00 and gave the company a “market perform” rating in a report on Tuesday, March 31st. Barclays set a $99.00 target price on Canadian Pacific Kansas City and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Evercore reduced their price objective on Canadian Pacific Kansas City from $87.00 to $85.00 and set an “outperform” rating on the stock in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.89.

Canadian Pacific Kansas City Stock Down 0.1%

Shares of Canadian Pacific Kansas City stock opened at $86.13 on Wednesday. The firm has a market cap of $76.46 billion, a P/E ratio of 26.58, a P/E/G ratio of 1.85 and a beta of 1.09. The business has a 50-day moving average price of $82.33 and a 200 day moving average price of $77.92. Canadian Pacific Kansas City Limited has a fifty-two week low of $68.42 and a fifty-two week high of $89.42. The company has a quick ratio of 0.57, a current ratio of 0.67 and a debt-to-equity ratio of 0.46.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its earnings results on Wednesday, April 29th. The transportation company reported $0.76 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.02). The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.70 billion. Canadian Pacific Kansas City had a net margin of 27.20% and a return on equity of 8.86%. The firm’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period last year, the company posted $1.06 earnings per share. On average, sell-side analysts forecast that Canadian Pacific Kansas City Limited will post 3.76 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Friday, June 26th will be issued a $0.268 dividend. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, June 26th. This represents a $1.07 dividend on an annualized basis and a yield of 1.2%. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.68%.

Canadian Pacific Kansas City Profile

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.