Canadian Pacific Kansas City (TSE:CP) Insider Sells C$501,152.30 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Cassandra Quach sold 4,015 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of C$124.82, for a total value of C$501,152.30.

Canadian Pacific Kansas City Stock Performance

Canadian Pacific Kansas City stock traded down C$0.89 during mid-day trading on Friday, reaching C$123.97. 567,343 shares of the company were exchanged, compared to its average volume of 1,492,915. Canadian Pacific Kansas City Limited has a twelve month low of C$96.50 and a twelve month high of C$126.66. The firm’s 50-day simple moving average is C$114.39 and its two-hundred day simple moving average is C$108.44. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67. The firm has a market cap of C$110.05 billion, a PE ratio of 27.67, a price-to-earnings-growth ratio of 2.32 and a beta of 1.18.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings data on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. Canadian Pacific Kansas City had a return on equity of 8.85% and a net margin of 27.21%.The company had revenue of C$3.70 billion during the quarter. Equities analysts predict that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Raymond James Financial lifted their price objective on Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Citigroup dropped their price target on Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. TD raised their price target on Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the stock a “hold” rating in a research report on Monday, April 13th. BMO Capital Markets raised their price target on Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th. Finally, Barclays raised their price target on Canadian Pacific Kansas City from C$125.00 to C$135.00 in a research report on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$123.07.

About Canadian Pacific Kansas City

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.