Hunter Associates Investment Management LLC Buys 230 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Hunter Associates Investment Management LLC lifted its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 4.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 5,967 shares of the transportation company’s stock after purchasing an additional 230 shares during the period. Hunter Associates Investment Management LLC’s holdings in Canadian Pacific Kansas City were worth $432,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in Canadian Pacific Kansas City by 4.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,768,362 shares of the transportation company’s stock worth $750,046,000 after acquiring an additional 381,594 shares during the last quarter. Franklin Resources Inc. grew its holdings in Canadian Pacific Kansas City by 9.7% in the 3rd quarter. Franklin Resources Inc. now owns 6,096,341 shares of the transportation company’s stock worth $501,219,000 after acquiring an additional 537,418 shares during the last quarter. Fiera Capital Corp grew its holdings in Canadian Pacific Kansas City by 1.9% in the 3rd quarter. Fiera Capital Corp now owns 5,814,277 shares of the transportation company’s stock worth $497,918,000 after acquiring an additional 107,183 shares during the last quarter. Rothschild & Co Wealth Management UK Ltd grew its holdings in Canadian Pacific Kansas City by 1.7% in the 4th quarter. Rothschild & Co Wealth Management UK Ltd now owns 5,094,113 shares of the transportation company’s stock worth $368,661,000 after acquiring an additional 85,542 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Canadian Pacific Kansas City by 7.8% in the 3rd quarter. Geode Capital Management LLC now owns 4,332,357 shares of the transportation company’s stock worth $373,540,000 after acquiring an additional 313,298 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Stock Down 0.3 %

Shares of Canadian Pacific Kansas City stock opened at $79.57 on Friday. 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 stock has a market capitalization of $74.28 billion, a PE ratio of 27.44, a price-to-earnings-growth ratio of 2.04 and a beta of 0.96. 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 $75.34 and a two-hundred day simple moving average of $79.05.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate 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, analysts anticipate that Canadian Pacific Kansas City Limited will post 3.5 EPS for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be issued a dividend of $0.1318 per share. The ex-dividend date is Friday, March 28th. This represents a $0.53 annualized dividend and a dividend yield of 0.66%. Canadian Pacific Kansas City’s payout ratio is 18.62%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Benchmark reissued a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday. Citigroup lifted their target price on shares of Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a “buy” rating in a research note on Thursday. Barclays cut their target price on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. StockNews.com lowered shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research note on Wednesday, December 25th. Finally, Wolfe Research raised shares of Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 target price on the stock in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $95.45.

About Canadian Pacific Kansas City

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.