Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) (NYSE:CP) insider Pamela Lynne Arpin sold 1,385 shares of the business's stock in a transaction on Friday, August 21st. The stock was sold at an average price of C$132.92, for a total value of C$184,094.20. Following the completion of the transaction, the insider directly owned 4,578 shares in the company, valued at approximately C$608,507.76. This represents a 23.23% decrease in their position.
Canadian Pacific Kansas City Stock Performance
Shares of TSE:CP opened at C$131.06 on Tuesday. Canadian Pacific Kansas City Limited has a twelve month low of C$96.50 and a twelve month high of C$133.38. The firm has a market cap of C$115.21 billion, a PE ratio of 30.48, a price-to-earnings-growth ratio of 2.32 and a beta of 1.28. The company has a debt-to-equity ratio of 53.93, a quick ratio of 0.42 and a current ratio of 0.59. The business has a fifty day moving average of C$126.88 and a 200-day moving average of C$119.66.
Canadian Pacific Kansas City (TSE:CP - Get Free Report) (NYSE:CP) last released its quarterly earnings results on Wednesday, July 29th. The company reported C$1.27 earnings per share (EPS) for the quarter. The business had revenue of C$4.16 billion during the quarter. Canadian Pacific Kansas City had a return on equity of 8.35% and a net margin of 25.04%. On average, equities research analysts predict that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current fiscal year.
Canadian Pacific Kansas City Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 27th were paid a $0.268 dividend. This is a boost from Canadian Pacific Kansas City's previous quarterly dividend of $0.23. This represents a $1.07 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, June 26th. Canadian Pacific Kansas City's payout ratio is presently 22.14%.
Analyst Ratings Changes
Several research firms have recently commented on CP. Raymond James Financial increased their price target on shares of Canadian Pacific Kansas City from C$140.00 to C$144.00 and gave the company an "outperform" rating in a research note on Thursday, July 30th. TD boosted their price objective on shares of Canadian Pacific Kansas City from C$128.00 to C$134.00 and gave the stock a "hold" rating in a research report on Thursday, July 30th. Stephens raised Canadian Pacific Kansas City to a "hold" rating in a report on Wednesday, July 8th. Citizens Jmp upgraded Canadian Pacific Kansas City to a "hold" rating in a research report on Wednesday, July 15th. Finally, National Bank Financial lifted their target price on Canadian Pacific Kansas City from C$132.00 to C$140.00 and gave the company an "outperform" rating in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Canadian Pacific Kansas City currently has a consensus rating of "Moderate Buy" and an average target price of C$134.36.
Get Our Latest Analysis on Canadian Pacific Kansas City
Canadian Pacific Kansas City Company Profile
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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.
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