Canadian Pacific Kansas City (TSE:CP) Stock: Insider Nadeem Velani Sells 1,925 Shares

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Nadeem Velani sold 1,925 shares of the firm’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of C$127.75, for a total value of C$245,918.75.

Nadeem Velani also recently made the following trade(s):

• On Tuesday, November 3rd, Nadeem Velani sold 1,500 shares of Canadian Pacific Kansas City stock. The stock was sold at an average price of C$128.25, for a total value of C$192,375.00.
• On Wednesday, November 4th, Nadeem Velani sold 8,880 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$131.75, for a total transaction of C$1,169,940.00.
• On Wednesday, November 4th, Nadeem Velani sold 4,682 shares of Canadian Pacific Kansas City stock. The stock was sold at an average price of C$131.80, for a total transaction of C$617,087.60.

Canadian Pacific Kansas City Stock Down 1.1%

Shares of CP stock opened at C$129.97 on Friday. The company has a debt-to-equity ratio of 56.46, a quick ratio of 0.42 and a current ratio of 0.52. Canadian Pacific Kansas City Limited has a 1 year low of C$96.50 and a 1 year high of C$133.54. The business’s fifty day moving average is C$124.30 and its 200-day moving average is C$120.07. The stock has a market cap of C$113.02 billion, a PE ratio of 30.02, a price-to-earnings-growth ratio of 2.32 and a beta of 1.38.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings data on Wednesday, October 28th. The company reported C$1.28 earnings per share for the quarter. Canadian Pacific Kansas City had a net margin of 24.14% and a return on equity of 8.37%. The firm had revenue of C$4.22 billion during the quarter. Equities analysts expect that Canadian Pacific Kansas City Limited will post 4.34 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, October 26th. Stockholders of record on Monday, October 26th were given a $0.2680 dividend. This represents a $1.07 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Friday, September 25th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 22.91%.

Key Canadian Pacific Kansas City News

Here are the key news stories impacting Canadian Pacific Kansas City this week:

• Positive Sentiment: A report says record grain volumes have strengthened CPKC’s investment story, suggesting solid freight activity. The article does not provide volume figures or quantify the financial impact. How Record Grain Volumes At Canadian Pacific Kansas City Have Changed Its Investment Story
• Neutral Sentiment: Several reports point to an investor checkpoint or company appearance on November 17. These events could give investors an opportunity to hear updates, but no specific announcements or agenda are reported. Canadian Pacific Kansas City stock sets November 17 investor checkpoint Canadian Pacific Kansas City stock sets investor focus on November 17
• Negative Sentiment: Insider Nadeem Velani reported multiple share sales dated November 2–4. One report says his holdings fell 65.48%, leaving him with 4,682 shares. The sales could pressure sentiment, though insider transactions alone do not indicate a deterioration in CPKC’s business outlook. Canadian Pacific Kansas City insider Nadeem Velani sells shares

Analyst Ratings Changes

A number of equities analysts have commented on CP shares. Royal Bank Of Canada boosted their price target on shares of Canadian Pacific Kansas City from C$145.00 to C$146.00 and gave the company an “outperform” rating in a research report on Thursday, September 24th. Citigroup upped their price objective on Canadian Pacific Kansas City from C$102.00 to C$106.00 and gave the stock a “buy” rating in a research note on Thursday, October 29th. BMO Capital Markets lifted their price objective on shares of Canadian Pacific Kansas City from C$142.00 to C$145.00 and gave the company an “outperform” rating in a report on Thursday, July 30th. Raymond James Financial set a C$144.00 price target on shares of Canadian Pacific Kansas City and gave the stock an “outperform” rating in a research note on Monday, October 19th. Finally, Citizens Jmp raised shares of Canadian Pacific Kansas City to a “hold” rating in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$139.00.

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.