Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Cassandra P. Quach Sells 7,946 Shares

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP Senior Officer Cassandra P. Quach sold 7,946 shares of the company's stock in a transaction dated Thursday, June 19th. The shares were sold at an average price of C$111.00, for a total transaction of C$882,006.00.

Canadian Pacific Kansas City Stock Down 0.5%

TSE CP traded down C$0.53 during trading hours on Monday, hitting C$109.67. 2,044,837 shares of the company traded hands, compared to its average volume of 1,636,190. The company has a debt-to-equity ratio of 49.64, a quick ratio of 0.42 and a current ratio of 0.53. The business's 50-day moving average is C$107.49 and its 200-day moving average is C$107.39. The stock has a market capitalization of C$102.51 billion, a price-to-earnings ratio of 28.95, a P/E/G ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City Limited has a twelve month low of C$94.60 and a twelve month high of C$119.20.

Canadian Pacific Kansas City Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 28th. Investors of record on Monday, July 28th will be issued a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a yield of 0.83%. This is an increase from Canadian Pacific Kansas City's previous quarterly dividend of $0.19. The ex-dividend date is Friday, June 27th. Canadian Pacific Kansas City's payout ratio is presently 20.06%.

Analyst Upgrades and Downgrades

CP has been the topic of a number of analyst reports. ATB Capital cut their price target on Canadian Pacific Kansas City from C$128.00 to C$124.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st. Scotiabank decreased their target price on Canadian Pacific Kansas City from C$118.00 to C$117.00 and set a "sector perform" rating for the company in a research report on Thursday, May 1st. UBS Group increased their price target on shares of Canadian Pacific Kansas City from C$113.00 to C$116.00 in a research report on Thursday, May 1st. National Bankshares reduced their price objective on shares of Canadian Pacific Kansas City from C$123.00 to C$118.00 and set a "sector perform" rating on the stock in a research note on Thursday, April 3rd. Finally, Desjardins decreased their price objective on shares of Canadian Pacific Kansas City from C$129.00 to C$124.00 and set a "buy" rating for the company in a report on Thursday, May 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of C$120.00.

About Canadian Pacific Kansas City

Canadian Pacific is a CAD 8 billion Class-1 railroads operating on more than 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2021, CP hauled shipments of grain (22% of freight revenue), intermodal containers (22%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (5%), and a diverse mix of other merchandise.