Katharine Berghuis Stevenson Acquires 1,000 Shares of Canadian Pacific Kansas City (TSE:CP) Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Director Katharine Berghuis Stevenson acquired 1,000 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average cost of C$118.37 per share, with a total value of C$118,370.00. Following the transaction, the director owned 3,000 shares in the company, valued at C$355,110. This represents a 50.00% increase in their ownership of the stock.

Canadian Pacific Kansas City Stock Up 0.1%

CP stock traded up C$0.14 on Wednesday, reaching C$117.77. 356,467 shares of the company traded hands, compared to its average volume of 1,544,685. Canadian Pacific Kansas City Limited has a one year low of C$96.50 and a one year high of C$122.25. The company has a debt-to-equity ratio of 52.35, a current ratio of 0.67 and a quick ratio of 0.42. The company has a market cap of C$104.55 billion, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 2.32 and a beta of 1.18. The firm has a fifty day simple moving average of C$113.08 and a 200-day simple moving average of C$106.88.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings data on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. Canadian Pacific Kansas City had a return on equity of 8.85% and a net margin of 27.21%.The company had revenue of C$3.70 billion during the quarter. Research analysts anticipate that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current year.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 27th were issued a $0.228 dividend. 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 0.8%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 20.36%.

Analysts Set New Price Targets

A number of analysts have commented on CP shares. JPMorgan Chase & Co. lifted their target price on Canadian Pacific Kansas City from C$120.00 to C$133.00 in a report on Thursday, April 30th. Scotiabank raised their price target on Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the stock a “hold” rating in a research note on Thursday, April 9th. TD Securities dropped their price target on Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating on the stock in a research note on Thursday, January 29th. TD raised their price target on Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the stock a “hold” rating in a research note on Monday, April 13th. Finally, ATB Cormark Capital Markets raised their price target on Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the stock a “moderate buy” rating in a research note on Friday, April 17th. Eight equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average 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.