Canadian Pacific Kansas City (TSE:CP) Insider Sells C$7,961,491.20 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider John Kenneth Brooks sold 65,130 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of C$122.24, for a total transaction of C$7,961,491.20.

Canadian Pacific Kansas City Stock Performance

Shares of CP opened at C$123.10 on Friday. Canadian Pacific Kansas City Limited has a 12 month low of C$96.50 and a 12 month high of C$126.66. The firm has a fifty day simple moving average of C$114.66 and a 200 day simple moving average of C$108.54. The stock has a market capitalization of C$109.28 billion, a price-to-earnings ratio of 27.48, a PEG ratio of 2.32 and a beta of 1.18. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35.

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

Canadian Pacific Kansas City Dividend Announcement

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

Analyst Upgrades and Downgrades

CP has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. increased their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$133.00 in a research note on Thursday, April 30th. TD increased their price target on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a “hold” rating in a research note on Monday, April 13th. Desjardins increased their price target on shares of 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 increased their price target on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research note on Thursday, February 19th. Finally, Raymond James Financial increased their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.