Canadian Pacific Kansas City (TSE:CP) Insider Sells C$461,493.45 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Maeghan Dawn Albiston sold 3,645 shares of Canadian Pacific Kansas City stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of C$126.61, for a total transaction of C$461,493.45.

Maeghan Dawn Albiston also recently made the following trade(s):

• On Thursday, May 28th, Maeghan Dawn Albiston sold 5,690 shares of Canadian Pacific Kansas City stock. The stock was sold at an average price of C$125.00, for a total transaction of C$711,250.00.

Canadian Pacific Kansas City Trading Up 0.8%

Shares of TSE CP opened at C$125.39 on Friday. The company’s fifty day moving average is C$116.19 and its 200-day moving average is C$109.39. The stock has a market cap of C$111.31 billion, a price-to-earnings ratio of 27.99, a P/E/G ratio of 2.32 and a beta of 1.29. Canadian Pacific Kansas City Limited has a twelve month low of C$96.50 and a twelve month high of C$126.95. The company has a quick ratio of 0.42, a current ratio of 0.67 and a debt-to-equity ratio of 52.35.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its quarterly earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. The company had revenue of C$3.70 billion for the quarter. Canadian Pacific Kansas City had a net margin of 27.03% and a return on equity of 8.78%. Equities research analysts predict that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current year.

Canadian Pacific Kansas City Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 27th. Investors of record on Monday, April 27th were given a $0.228 dividend. This represents a $0.91 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, March 27th. Canadian Pacific Kansas City’s payout ratio is currently 20.36%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. BMO Capital Markets boosted their price objective on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th. Sanford C. Bernstein boosted their price objective on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research report on Tuesday, March 31st. Raymond James Financial boosted their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. National Bank Financial boosted their price objective on shares of Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. Finally, Desjardins boosted their price objective on shares of Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and a consensus 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.