Canadian Pacific Kansas City Limited (TSE:CP) Director Isabelle Courville Sells 4,500 Shares

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Director Isabelle Courville sold 4,500 shares of Canadian Pacific Kansas City stock in a transaction on Thursday, May 16th. The shares were sold at an average price of C$110.80, for a total value of C$498,600.00.

Canadian Pacific Kansas City Stock Performance

Shares of CP stock traded up C$0.18 on Friday, hitting C$111.47. The company had a trading volume of 179,766 shares, compared to its average volume of 1,215,331. The firm has a market cap of C$103.97 billion, a P/E ratio of 26.62, a price-to-earnings-growth ratio of 2.32 and a beta of 0.75. The company has a 50-day moving average price of C$116.55 and a 200-day moving average price of C$109.44. The company has a quick ratio of 0.42, a current ratio of 0.49 and a debt-to-equity ratio of 51.94. Canadian Pacific Kansas City Limited has a twelve month low of C$94.45 and a twelve month high of C$123.37.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings data on Wednesday, April 24th. The company reported C$0.93 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.95 by C($0.02). The company had revenue of C$3.52 billion during the quarter, compared to analyst estimates of C$3.52 billion. Canadian Pacific Kansas City had a net margin of 28.26% and a return on equity of 9.36%. As a group, equities research analysts predict that Canadian Pacific Kansas City Limited will post 4.2982664 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 29th. Investors of record on Friday, June 28th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.76 dividend on an annualized basis and a yield of 0.68%. Canadian Pacific Kansas City’s payout ratio is 18.18%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Desjardins lifted their price target on Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the company a “buy” rating in a report on Friday, April 12th. BMO Capital Markets lifted their price target on Canadian Pacific Kansas City from C$125.00 to C$133.00 in a report on Monday, April 8th. Royal Bank of Canada boosted their target price on Canadian Pacific Kansas City from C$127.00 to C$133.00 in a research note on Monday, April 1st. ATB Capital boosted their target price on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 10th. Finally, National Bankshares dropped their target price on Canadian Pacific Kansas City from C$121.00 to C$119.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 25th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$120.63.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.