Naya Capital Management UK Ltd. Has $214.59 Million Stock Holdings in Canadian Pacific Kansas City Limited (NYSE:CP)

Naya Capital Management UK Ltd. lifted its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,965,212 shares of the transportation company's stock after buying an additional 196,988 shares during the period. Canadian Pacific Kansas City comprises about 22.7% of Naya Capital Management UK Ltd.'s investment portfolio, making the stock its 3rd largest holding. Naya Capital Management UK Ltd. owned 0.32% of Canadian Pacific Kansas City worth $214,592,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Proficio Capital Partners LLC acquired a new position in Canadian Pacific Kansas City during the fourth quarter valued at approximately $2,602,000. Oak Family Advisors LLC bought a new stake in Canadian Pacific Kansas City in the fourth quarter valued at approximately $262,000. Barclays PLC raised its stake in Canadian Pacific Kansas City by 2.8% in the third quarter. Barclays PLC now owns 2,929,642 shares of the transportation company's stock valued at $250,602,000 after buying an additional 81,111 shares during the period. Harel Insurance Investments & Financial Services Ltd. bought a new stake in Canadian Pacific Kansas City in the fourth quarter valued at approximately $249,000. Finally, Phraction Management LLC raised its stake in Canadian Pacific Kansas City by 53.6% in the fourth quarter. Phraction Management LLC now owns 13,306 shares of the transportation company's stock valued at $963,000 after buying an additional 4,641 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Price Performance

Shares of NYSE CP traded up $0.10 during mid-day trading on Friday, hitting $81.59. 2,900,416 shares of the stock traded hands, compared to its average volume of 2,797,523. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46. Canadian Pacific Kansas City Limited has a twelve month low of $66.49 and a twelve month high of $87.72. The company has a market cap of $75.92 billion, a PE ratio of 28.14, a price-to-earnings-growth ratio of 2.00 and a beta of 1.09. The firm has a 50 day simple moving average of $73.16 and a two-hundred day simple moving average of $75.13.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last released its quarterly earnings data on Wednesday, April 30th. The transportation company reported $0.74 earnings per share for the quarter, meeting the consensus estimate of $0.74. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter last year, the business posted $0.93 EPS. Canadian Pacific Kansas City's revenue for the quarter was up 8.0% on a year-over-year basis. As a group, equities research analysts forecast that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 28th. Shareholders of record on Friday, June 27th will be issued a dividend of $0.1644 per share. The ex-dividend date is Friday, June 27th. This is an increase from Canadian Pacific Kansas City's previous quarterly dividend of $0.13. This represents a $0.66 annualized dividend and a yield of 0.81%. Canadian Pacific Kansas City's payout ratio is presently 21.28%.

Analysts Set New Price Targets

CP has been the topic of several research analyst reports. Jefferies Financial Group dropped their price objective on Canadian Pacific Kansas City from $100.00 to $90.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Benchmark restated a "hold" rating on shares of Canadian Pacific Kansas City in a research note on Thursday, January 30th. Evercore ISI lowered their target price on Canadian Pacific Kansas City from $89.00 to $88.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st. Stephens increased their target price on Canadian Pacific Kansas City from $88.00 to $92.00 and gave the stock an "overweight" rating in a research note on Thursday, January 30th. Finally, Argus set a $90.00 target price on Canadian Pacific Kansas City in a research note on Wednesday, March 26th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $90.63.

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.