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

Sustainable Insight Capital Management LLC boosted its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 37.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,422 shares of the transportation company’s stock after acquiring an additional 3,900 shares during the period. Sustainable Insight Capital Management LLC’s holdings in Canadian Pacific Kansas City were worth $1,144,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CP. Capital Insight Partners LLC grew its holdings in shares of Canadian Pacific Kansas City by 0.4% during the 1st quarter. Capital Insight Partners LLC now owns 40,700 shares of the transportation company’s stock worth $2,858,000 after purchasing an additional 143 shares during the period. Redmond Asset Management LLC lifted its position in Canadian Pacific Kansas City by 0.5% in the first quarter. Redmond Asset Management LLC now owns 31,617 shares of the transportation company’s stock valued at $2,220,000 after buying an additional 148 shares during the last quarter. Accretive Wealth Partners LLC boosted its stake in Canadian Pacific Kansas City by 1.3% during the second quarter. Accretive Wealth Partners LLC now owns 11,806 shares of the transportation company’s stock worth $936,000 after buying an additional 157 shares during the period. Financial Partners Group Inc increased its position in shares of Canadian Pacific Kansas City by 0.3% during the first quarter. Financial Partners Group Inc now owns 49,334 shares of the transportation company’s stock valued at $3,464,000 after acquiring an additional 158 shares during the last quarter. Finally, Lindbrook Capital LLC increased its position in shares of Canadian Pacific Kansas City by 6.3% during the first quarter. Lindbrook Capital LLC now owns 2,708 shares of the transportation company’s stock valued at $190,000 after acquiring an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on CP. Evercore ISI lowered their price objective on shares of Canadian Pacific Kansas City from $88.00 to $87.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Weiss Ratings restated a “hold (c)” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, October 30th. National Bank Financial upgraded Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 30th. Wall Street Zen cut Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research note on Saturday, September 13th. Finally, Royal Bank Of Canada decreased their target price on Canadian Pacific Kansas City from $129.00 to $127.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $91.69.

Canadian Pacific Kansas City Stock Down 2.1%

CP stock opened at $68.86 on Friday. The company’s 50 day moving average price is $75.04 and its 200 day moving average price is $76.83. The firm has a market capitalization of $62.01 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 2.02 and a beta of 1.08. Canadian Pacific Kansas City Limited has a fifty-two week low of $66.49 and a fifty-two week high of $83.65. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.54 and a current ratio of 0.63.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings data on Wednesday, October 29th. The transportation company reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.01). The firm had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.71 billion. Canadian Pacific Kansas City had a net margin of 28.41% and a return on equity of 8.79%. During the same period in the prior year, the company posted $0.99 earnings per share. On average, equities research analysts anticipate that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 26th. Stockholders of record on Wednesday, December 31st will be issued a $0.228 dividend. This represents a $0.91 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, December 31st. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.17. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 19.51%.

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.