S&CO Inc. Buys 1,600 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

S&CO Inc. raised its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 9.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,600 shares of the transportation company’s stock after buying an additional 1,600 shares during the quarter. S&CO Inc.’s holdings in Canadian Pacific Kansas City were worth $1,346,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of CP. Assetmark Inc. raised its holdings in shares of Canadian Pacific Kansas City by 2.4% in the third quarter. Assetmark Inc. now owns 30,808 shares of the transportation company’s stock valued at $2,635,000 after purchasing an additional 713 shares during the last quarter. Lindbrook Capital LLC raised its holdings in shares of Canadian Pacific Kansas City by 45.5% in the third quarter. Lindbrook Capital LLC now owns 2,539 shares of the transportation company’s stock valued at $217,000 after purchasing an additional 794 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in Canadian Pacific Kansas City during the third quarter worth $75,000. Kennebec Savings Bank acquired a new position in Canadian Pacific Kansas City during the third quarter worth $42,000. Finally, Catalytic Wealth RIA LLC increased its holdings in Canadian Pacific Kansas City by 7.8% during the third quarter. Catalytic Wealth RIA LLC now owns 10,701 shares of the transportation company’s stock worth $915,000 after buying an additional 770 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Down 4.3 %

CP opened at $74.36 on Tuesday. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $69.42 billion, a price-to-earnings ratio of 25.64, a P/E/G ratio of 2.00 and a beta of 0.98. Canadian Pacific Kansas City Limited has a twelve month low of $70.89 and a twelve month high of $91.58. The company has a 50-day simple moving average of $76.86 and a 200 day simple moving average of $78.43.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its earnings results on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. Analysts predict that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently disclosed 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. This represents a $0.53 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio is currently 17.93%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Benchmark reiterated a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday, January 30th. StockNews.com cut shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research report on Wednesday, December 25th. Barclays reduced their target price on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. 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 for the company in a research report on Wednesday, January 8th. Finally, Loop Capital cut shares of Canadian Pacific Kansas City from a “buy” rating to a “sell” rating in a research report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and an average price target of $95.45.

Canadian Pacific Kansas City 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.