Canadian Pacific Kansas City Limited $CP Shares Sold by Sustainable Insight Capital Management LLC

Sustainable Insight Capital Management LLC cut its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 29.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,504 shares of the transportation company’s stock after selling 5,600 shares during the period. Sustainable Insight Capital Management LLC’s holdings in Canadian Pacific Kansas City were worth $994,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Gilpin Wealth Management LLC acquired a new stake in Canadian Pacific Kansas City in the fourth quarter valued at $29,000. Wealth Watch Advisors INC acquired a new stake in Canadian Pacific Kansas City in the third quarter valued at $36,000. Acadian Asset Management LLC acquired a new stake in Canadian Pacific Kansas City in the first quarter valued at $35,000. Aventura Private Wealth LLC acquired a new stake in Canadian Pacific Kansas City in the fourth quarter valued at $37,000. Finally, McIlrath & Eck LLC raised its holdings in Canadian Pacific Kansas City by 475.3% in the fourth quarter. McIlrath & Eck LLC now owns 512 shares of the transportation company’s stock valued at $38,000 after acquiring an additional 423 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Royal Bank Of Canada cut their price target on shares of Canadian Pacific Kansas City from $128.00 to $127.00 and set an “outperform” rating on the stock in a report on Thursday, April 30th. ATB Cormark Capital Markets cut shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, April 17th. Sanford C. Bernstein increased their target price on shares of Canadian Pacific Kansas City from $85.41 to $90.00 and gave the stock a “market perform” rating in a report on Tuesday, March 31st. Canadian Imperial Bank of Commerce set a $140.00 target price on shares of Canadian Pacific Kansas City in a report on Tuesday. Finally, Citigroup increased their target price on shares of Canadian Pacific Kansas City from $93.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $103.22.

Canadian Pacific Kansas City Stock Down 0.3%

Shares of NYSE:CP opened at $89.37 on Friday. The stock has a market capitalization of $79.29 billion, a price-to-earnings ratio of 27.58, a price-to-earnings-growth ratio of 1.92 and a beta of 1.09. Canadian Pacific Kansas City Limited has a 1-year low of $68.42 and a 1-year high of $91.50. The company’s fifty day moving average is $85.28 and its two-hundred day moving average is $80.11. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.57 and a current ratio of 0.67.

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

Canadian Pacific Kansas City Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Friday, June 26th will be given a dividend of $0.268 per share. This is an increase from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. This represents a $1.07 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, June 26th. Canadian Pacific Kansas City’s payout ratio is currently 20.68%.

Canadian Pacific Kansas City Company 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.