Canadian Pacific Kansas City (TSE:CP) Insider Sells C$711,250.00 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Maeghan Dawn Albiston sold 5,690 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of C$125.00, for a total value of C$711,250.00.

Canadian Pacific Kansas City Price Performance

CP stock traded down C$0.89 during midday trading on Friday, hitting C$123.97. The company’s stock had a trading volume of 567,343 shares, compared to its average volume of 1,492,915. Canadian Pacific Kansas City Limited has a 12 month low of C$96.50 and a 12 month high of C$126.66. The company has a quick ratio of 0.42, a current ratio of 0.67 and a debt-to-equity ratio of 52.35. The firm has a market capitalization of C$110.05 billion, a price-to-earnings ratio of 27.67, a price-to-earnings-growth ratio of 2.32 and a beta of 1.18. The company has a 50 day moving average of C$114.39 and a two-hundred day moving average of C$108.44.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings results 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 business had revenue of C$3.70 billion during the quarter. On average, analysts expect that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current year.

Canadian Pacific Kansas City Announces Dividend

The company also recently announced 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. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.36%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. TD increased their target price on Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a “hold” rating in a research report on Monday, April 13th. Citigroup lowered their target price on Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Royal Bank Of Canada lowered their target price on Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an “outperform” rating for the company in a research report on Thursday, April 30th. TD Securities lowered 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 report on Thursday, January 29th. Finally, Barclays raised their price target on Canadian Pacific Kansas City from C$125.00 to C$135.00 in a research report on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Canadian Pacific Kansas City has a consensus rating of “Moderate Buy” and an average target price 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.