Gulf International Bank UK Ltd Has $138,000 Holdings in Canadian Pacific Kansas City Limited (NYSE:CP)

Gulf International Bank UK Ltd cut its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 29.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,920 shares of the transportation company’s stock after selling 793 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Canadian Pacific Kansas City were worth $138,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Walter Public Investments Inc. increased its position in shares of Canadian Pacific Kansas City by 0.6% during the fourth quarter. Walter Public Investments Inc. now owns 242,549 shares of the transportation company’s stock worth $17,551,000 after buying an additional 1,393 shares during the period. NewEdge Wealth LLC increased its position in shares of Canadian Pacific Kansas City by 42.4% during the fourth quarter. NewEdge Wealth LLC now owns 22,444 shares of the transportation company’s stock worth $1,624,000 after buying an additional 6,688 shares during the period. Whipplewood Advisors LLC acquired a new stake in shares of Canadian Pacific Kansas City during the fourth quarter worth $192,000. Lingotto Investment Management LLP increased its position in shares of Canadian Pacific Kansas City by 5.1% during the fourth quarter. Lingotto Investment Management LLP now owns 138,479 shares of the transportation company’s stock worth $10,022,000 after buying an additional 6,703 shares during the period. Finally, Kirtland Hills Capital Management LLC increased its position in shares of Canadian Pacific Kansas City by 5.4% during the fourth quarter. Kirtland Hills Capital Management LLC now owns 6,578 shares of the transportation company’s stock worth $476,000 after buying an additional 339 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Stephens raised their price target on shares of Canadian Pacific Kansas City from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Thursday, January 30th. Susquehanna reduced their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a report on Wednesday, January 8th. Stifel Nicolaus reduced their price target on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating for the company in a report on Thursday, January 16th. Wolfe Research upgraded shares of Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price target for the company in a report on Wednesday, January 8th. Finally, Royal Bank of Canada raised their price target on shares of Canadian Pacific Kansas City from $124.00 to $128.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $95.45.

Canadian Pacific Kansas City Stock Performance

NYSE CP opened at $77.85 on Monday. Canadian Pacific Kansas City Limited has a 52-week low of $70.89 and a 52-week high of $91.58. The company has a 50-day simple moving average of $76.46 and a 200 day simple moving average of $78.58. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. The company has a market capitalization of $72.69 billion, a PE ratio of 26.85, a price-to-earnings-growth ratio of 2.00 and a beta of 0.97.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its quarterly earnings data on Wednesday, January 29th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.26. Canadian Pacific Kansas City had a net margin of 25.51% and a return on equity of 8.86%. On average, research analysts predict that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current year.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be paid a $0.1318 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.53 annualized dividend and a dividend yield of 0.68%. Canadian Pacific Kansas City’s payout ratio is 17.93%.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.