Canadian Pacific Kansas City (TSE:CP) Insider Sells C$7,961,491.20 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider John Kenneth Brooks sold 65,130 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of C$122.24, for a total value of C$7,961,491.20.

Canadian Pacific Kansas City Price Performance

TSE:CP traded up C$1.71 during trading hours on Wednesday, reaching C$124.77. The stock had a trading volume of 494,159 shares, compared to its average volume of 1,497,084. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67. Canadian Pacific Kansas City Limited has a 52 week low of C$96.50 and a 52 week high of C$124.78. The company has a 50 day moving average price of C$113.82 and a two-hundred day moving average price of C$108.06. The stock has a market capitalization of C$110.76 billion, a PE ratio of 27.85, a PEG ratio of 2.32 and a beta of 1.18.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. The firm had revenue of C$3.70 billion for the quarter. Canadian Pacific Kansas City had a return on equity of 8.85% and a net margin of 27.21%. As a group, sell-side analysts anticipate that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, April 27th were given a dividend of $0.228 per share. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.7%. Canadian Pacific Kansas City’s dividend payout ratio is presently 20.36%.

Analyst Upgrades and Downgrades

A number of research firms have commented on CP. TD Securities decreased their price target on Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating for the company in a research note on Thursday, January 29th. Sanford C. Bernstein increased their price target on Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research note on Tuesday, March 31st. National Bank Financial increased their price target on Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the company an “outperform” rating in a research note on Wednesday, April 15th. JPMorgan Chase & Co. raised their price objective on Canadian Pacific Kansas City from C$120.00 to C$133.00 in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada reduced their price objective on Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an “outperform” rating for the company in a research note on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$123.07.

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.