Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells C$6,473,511.98 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer Keith E. Creel sold 59,925 shares of the firm’s stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of C$108.03, for a total value of C$6,473,511.98.

Keith E. Creel also recently made the following trade(s):

• On Monday, June 10th, Keith E. Creel sold 59,925 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$105.26, for a total transaction of C$6,307,717.49.
• On Friday, May 10th, Keith E. Creel sold 59,925 shares of Canadian Pacific Kansas City stock. The stock was sold at an average price of C$113.21, for a total transaction of C$6,783,869.55.

Canadian Pacific Kansas City Stock Up 0.1 %

Canadian Pacific Kansas City stock opened at C$113.63 on Monday. Canadian Pacific Kansas City Limited has a twelve month low of C$94.45 and a twelve month high of C$123.37. The company has a debt-to-equity ratio of 51.94, a quick ratio of 0.42 and a current ratio of 0.49. The firm has a market cap of C$105.98 billion, a PE ratio of 28.06, a P/E/G ratio of 2.32 and a beta of 0.77. The firm’s 50 day moving average price is C$108.77 and its two-hundred day moving average price is C$111.89.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings results on Wednesday, April 24th. The company reported C$0.93 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.95 by C($0.02). Canadian Pacific Kansas City had a return on equity of 9.36% and a net margin of 28.26%. The company had revenue of C$3.52 billion during the quarter, compared to analyst estimates of C$3.52 billion. On average, research analysts predict that Canadian Pacific Kansas City Limited will post 4.1603293 EPS for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 29th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Friday, June 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 18.77%.

Analyst Ratings Changes

A number of analysts recently weighed in on CP shares. Desjardins raised their target price on shares of Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the stock a “buy” rating in a report on Friday, April 12th. Sanford C. Bernstein lifted their target price on Canadian Pacific Kansas City from C$118.00 to C$122.00 in a report on Monday, July 8th. Raymond James upped their target price on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an “outperform” rating in a report on Monday, April 22nd. CIBC increased their price target on Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the company an “outperform” rating in a research report on Wednesday, March 27th. Finally, Royal Bank of Canada boosted their price objective on Canadian Pacific Kansas City from C$127.00 to C$133.00 in a report on Monday, April 1st. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and an average price target of C$121.93.

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.