Worth Venture Partners LLC boosted its stake in shares of Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) by 221.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,846 shares of the transportation company’s stock after purchasing an additional 3,340 shares during the quarter. Canadian Pacific Railway Limited comprises approximately 0.7% of Worth Venture Partners LLC’s investment portfolio, making the stock its 27th biggest position. Worth Venture Partners LLC’s holdings in Canadian Pacific Railway Limited were worth $814,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Swiss National Bank boosted its position in shares of Canadian Pacific Railway Limited by 0.4% in the second quarter. Swiss National Bank now owns 565,300 shares of the transportation company’s stock valued at $90,969,000 after acquiring an additional 2,500 shares during the period. CIBC World Markets Inc. boosted its position in shares of Canadian Pacific Railway Limited by 0.7% in the second quarter. CIBC World Markets Inc. now owns 1,854,390 shares of the transportation company’s stock valued at $298,204,000 after acquiring an additional 13,562 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Canadian Pacific Railway Limited by 62,170.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 934,062 shares of the transportation company’s stock valued at $150,200,000 after acquiring an additional 932,562 shares during the period. AQR Capital Management LLC boosted its position in shares of Canadian Pacific Railway Limited by 14.9% in the first quarter. AQR Capital Management LLC now owns 29,237 shares of the transportation company’s stock valued at $4,283,000 after acquiring an additional 3,790 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of Canadian Pacific Railway Limited by 15.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 5,744 shares of the transportation company’s stock valued at $925,000 after acquiring an additional 751 shares during the period. 66.39% of the stock is owned by hedge funds and other institutional investors.

Shares of Canadian Pacific Railway Limited (NYSE CP) traded down $1.91 during midday trading on Tuesday, reaching $173.35. The company’s stock had a trading volume of 301,800 shares, compared to its average volume of 658,283. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.44 and a current ratio of 0.53. The firm has a market capitalization of $25,406.95, a P/E ratio of 20.50, a price-to-earnings-growth ratio of 1.66 and a beta of 1.20. Canadian Pacific Railway Limited has a 12-month low of $141.32 and a 12-month high of $179.17.

A number of brokerages have recently issued reports on CP. Goldman Sachs Group, Inc. (The) began coverage on shares of Canadian Pacific Railway Limited in a research report on Monday. They issued a “neutral” rating and a $178.00 target price for the company. Deutsche Bank AG began coverage on shares of Canadian Pacific Railway Limited in a research report on Wednesday, November 1st. They issued a “buy” rating and a $209.00 target price for the company. Argus boosted their target price on shares of Canadian Pacific Railway Limited from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, October 19th. Morgan Stanley boosted their target price on shares of Canadian Pacific Railway Limited from $214.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, October 18th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $238.00 price objective on shares of Canadian Pacific Railway Limited in a research report on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and fifteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $191.19.

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Canadian Pacific Railway Limited Company Profile

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The Company operates through rail transportation segment. The Company’s transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles.

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Institutional Ownership by Quarter for Canadian Pacific Railway Limited (NYSE:CP)

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