14,330 Shares in Canadian Pacific Kansas City Limited $CP Bought by Templeton & Phillips Capital Management LLC

Templeton & Phillips Capital Management LLC bought a new position in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 14,330 shares of the transportation company’s stock, valued at approximately $1,136,000. Canadian Pacific Kansas City accounts for 0.8% of Templeton & Phillips Capital Management LLC’s holdings, making the stock its 18th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. North Capital Inc. bought a new position in shares of Canadian Pacific Kansas City during the first quarter valued at $27,000. Cornerstone Planning Group LLC lifted its holdings in shares of Canadian Pacific Kansas City by 209.8% during the first quarter. Cornerstone Planning Group LLC now owns 378 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 256 shares during the period. Cheviot Value Management LLC bought a new position in shares of Canadian Pacific Kansas City during the first quarter valued at $30,000. Hexagon Capital Partners LLC lifted its holdings in shares of Canadian Pacific Kansas City by 49.5% during the first quarter. Hexagon Capital Partners LLC now owns 495 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 164 shares during the period. Finally, Acadian Asset Management LLC bought a new position in shares of Canadian Pacific Kansas City during the first quarter valued at $35,000. 72.20% of the stock is owned by institutional investors.

Canadian Pacific Kansas City Stock Performance

Shares of NYSE:CP opened at $72.94 on Thursday. Canadian Pacific Kansas City Limited has a twelve month low of $66.49 and a twelve month high of $83.65. The firm has a market cap of $66.15 billion, a PE ratio of 22.72, a price-to-earnings-growth ratio of 2.11 and a beta of 1.08. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.81 and a current ratio of 0.93. The business has a fifty day moving average of $75.56 and a 200-day moving average of $76.98.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its earnings results on Wednesday, July 30th. The transportation company reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The business had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.76 billion. Canadian Pacific Kansas City had a net margin of 28.05% and a return on equity of 8.69%. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.05 earnings per share. On average, equities research analysts predict that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Canadian Pacific Kansas City in a report on Wednesday, October 8th. Susquehanna cut their price objective on Canadian Pacific Kansas City from $91.00 to $88.00 and set a “positive” rating for the company in a report on Thursday, September 25th. Barclays set a $90.00 price objective on Canadian Pacific Kansas City and gave the company an “overweight” rating in a report on Thursday, October 2nd. Wall Street Zen lowered Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research note on Saturday, September 13th. Finally, Citigroup lowered their target price on Canadian Pacific Kansas City from $90.00 to $88.00 and set a “buy” rating for the company in a research note on Monday, October 13th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $91.38.

Canadian Pacific Kansas City Company Profile

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.