Kirr Marbach & Co. LLC IN Buys 6,803 Shares of Canadian Pacific Kansas City Limited $CP

Kirr Marbach & Co. LLC IN boosted its position in Canadian Pacific Kansas City Limited (NYSE:CPFree Report) (TSE:CP) by 4.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 171,095 shares of the transportation company’s stock after acquiring an additional 6,803 shares during the quarter. Canadian Pacific Kansas City accounts for approximately 2.5% of Kirr Marbach & Co. LLC IN’s portfolio, making the stock its 12th largest holding. Kirr Marbach & Co. LLC IN’s holdings in Canadian Pacific Kansas City were worth $13,486,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CP. Cromwell Holdings LLC lifted its position in Canadian Pacific Kansas City by 8.1% in the 4th quarter. Cromwell Holdings LLC now owns 1,936 shares of the transportation company’s stock worth $143,000 after buying an additional 145 shares during the last quarter. Dorsey & Whitney Trust CO LLC lifted its holdings in shares of Canadian Pacific Kansas City by 3.2% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 5,033 shares of the transportation company’s stock worth $371,000 after acquiring an additional 157 shares during the last quarter. Fortune Financial Advisors LLC lifted its holdings in shares of Canadian Pacific Kansas City by 1.2% in the 4th quarter. Fortune Financial Advisors LLC now owns 13,623 shares of the transportation company’s stock worth $1,003,000 after acquiring an additional 158 shares during the last quarter. Brookstone Capital Management boosted its stake in shares of Canadian Pacific Kansas City by 1.2% in the 4th quarter. Brookstone Capital Management now owns 14,355 shares of the transportation company’s stock valued at $1,057,000 after purchasing an additional 176 shares in the last quarter. Finally, Vident Advisory LLC boosted its stake in shares of Canadian Pacific Kansas City by 2.1% in the 4th quarter. Vident Advisory LLC now owns 9,637 shares of the transportation company’s stock valued at $710,000 after purchasing an additional 201 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Canadian Pacific Kansas City Trading Down 0.4%

Shares of CP opened at $85.31 on Wednesday. The stock has a market capitalization of $75.50 billion, a P/E ratio of 26.33, a PEG ratio of 1.83 and a beta of 1.09. Canadian Pacific Kansas City Limited has a twelve month low of $68.42 and a twelve month high of $91.52. The company has a quick ratio of 0.57, a current ratio of 0.67 and a debt-to-equity ratio of 0.46. The firm has a fifty day simple moving average of $86.44 and a two-hundred day simple moving average of $80.96.

Canadian Pacific Kansas City (NYSE:CPGet Free Report) (TSE:CP) last released its quarterly earnings data on Wednesday, April 29th. The transportation company reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.02). The firm had revenue of $2.66 billion during the quarter, compared to analysts’ expectations of $2.70 billion. Canadian Pacific Kansas City had a net margin of 27.20% and a return on equity of 8.86%. Canadian Pacific Kansas City’s revenue was down 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.06 EPS. On average, research analysts anticipate that Canadian Pacific Kansas City Limited will post 3.76 EPS for the current year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Friday, June 26th will be issued a dividend of $0.268 per share. The ex-dividend date is Friday, June 26th. This represents a $1.07 dividend on an annualized basis and a yield of 1.3%. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 23.77%.

Wall Street Analyst Weigh In

CP has been the topic of a number of analyst reports. Barclays set a $99.00 target price on shares of Canadian Pacific Kansas City and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Susquehanna reaffirmed a “positive” rating and set a $104.00 price objective on shares of Canadian Pacific Kansas City in a research note on Friday, June 5th. National Bank Financial upgraded Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. Scotiabank lowered Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 9th. Finally, ATB Cormark Capital Markets cut Canadian Pacific Kansas City from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $103.40.

View Our Latest Stock Report on Canadian Pacific Kansas City

Canadian Pacific Kansas City Profile

(Free Report)

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.

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Institutional Ownership by Quarter for Canadian Pacific Kansas City (NYSE:CP)

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