58,104 Shares in Canadian Pacific Kansas City Limited $CP Purchased by Scharf Investments LLC

Key Points

• Scharf Investments bought a new stake of 58,104 shares of Canadian Pacific Kansas City (CP) in Q4, valued at about $4.28 million, while institutional investors and hedge funds collectively own roughly 72.2% of the stock.
• CP reported Q4 EPS $0.95 (missed by $0.04) with revenue in line at $2.85 billion; the company announced a quarterly dividend of $0.228 ($0.91 annual, ~1.2% yield), has a market cap of $70.62 billion and a consensus analyst rating of "Moderate Buy" with an average price target of $91.82.

Scharf Investments LLC acquired a new stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 58,104 shares of the transportation company's stock, valued at approximately $4,278,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Intech Investment Management LLC grew its position in Canadian Pacific Kansas City by 16.0% during the 1st quarter. Intech Investment Management LLC now owns 21,276 shares of the transportation company's stock worth $1,493,000 after purchasing an additional 2,940 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Canadian Pacific Kansas City in the first quarter worth $35,000. Sivia Capital Partners LLC acquired a new stake in shares of Canadian Pacific Kansas City in the second quarter worth $206,000. Prudential Financial Inc. grew its holdings in shares of Canadian Pacific Kansas City by 8.7% during the second quarter. Prudential Financial Inc. now owns 5,183 shares of the transportation company's stock valued at $411,000 after buying an additional 415 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new position in Canadian Pacific Kansas City during the second quarter valued at $208,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Stock Up 1.5%

CP opened at $78.65 on Wednesday. The company has a market capitalization of $70.62 billion, a PE ratio of 24.35, a price-to-earnings-growth ratio of 1.64 and a beta of 1.06. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.49 and a quick ratio of 0.41. Canadian Pacific Kansas City Limited has a fifty-two week low of $66.49 and a fifty-two week high of $89.42. The business has a 50-day moving average of $80.81 and a 200-day moving average of $76.09.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last released its quarterly earnings data on Wednesday, January 28th. The transportation company reported $0.95 EPS for the quarter, missing analysts' consensus estimates of $0.99 by ($0.04). The firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.85 billion. Canadian Pacific Kansas City had a return on equity of 8.91% and a net margin of 27.49%.The company's quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.29 EPS. Equities research analysts forecast that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Friday, March 27th will be paid a $0.228 dividend. This represents a $0.91 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, March 27th. Canadian Pacific Kansas City's payout ratio is presently 20.74%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on CP shares. Scotiabank reissued an "outperform" rating on shares of Canadian Pacific Kansas City in a research note on Wednesday, January 21st. Wall Street Zen lowered shares of Canadian Pacific Kansas City from a "hold" rating to a "sell" rating in a research report on Tuesday, March 3rd. Evercore decreased their price target on shares of Canadian Pacific Kansas City from $87.00 to $85.00 and set an "outperform" rating for the company in a report on Thursday, January 29th. Citigroup lowered their price objective on shares of Canadian Pacific Kansas City from $88.00 to $86.00 and set a "buy" rating on the stock in a research report on Friday, January 30th. Finally, Morgan Stanley raised shares of Canadian Pacific Kansas City from an "equal weight" rating to an "overweight" rating in a research note on Monday, December 8th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $91.82.

Canadian Pacific Kansas City Profile

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC's core business is freight transportation and related logistics services.

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