Timber Creek Capital Management LLC Acquires 48,474 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Timber Creek Capital Management LLC increased its stake in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 807.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 54,478 shares of the transportation company's stock after purchasing an additional 48,474 shares during the period. Timber Creek Capital Management LLC's holdings in Canadian Pacific Kansas City were worth $3,825,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Canadian Pacific Kansas City by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 36,778,473 shares of the transportation company's stock valued at $2,662,978,000 after purchasing an additional 491,966 shares during the last quarter. Causeway Capital Management LLC grew its position in Canadian Pacific Kansas City by 76.5% in the fourth quarter. Causeway Capital Management LLC now owns 15,429,804 shares of the transportation company's stock valued at $1,116,632,000 after purchasing an additional 6,687,770 shares in the last quarter. Mackenzie Financial Corp increased its stake in Canadian Pacific Kansas City by 1.8% in the 4th quarter. Mackenzie Financial Corp now owns 15,348,282 shares of the transportation company's stock valued at $1,110,111,000 after buying an additional 276,223 shares during the last quarter. Norges Bank bought a new stake in Canadian Pacific Kansas City during the 4th quarter worth about $914,090,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in shares of Canadian Pacific Kansas City by 11.3% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 12,433,380 shares of the transportation company's stock worth $899,805,000 after buying an additional 1,262,913 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Scotiabank reaffirmed an "outperform" rating on shares of Canadian Pacific Kansas City in a research report on Thursday, May 1st. Wall Street Zen downgraded Canadian Pacific Kansas City from a "hold" rating to a "sell" rating in a research note on Saturday, June 14th. The Goldman Sachs Group reiterated a "neutral" rating and set a $91.00 price objective on shares of Canadian Pacific Kansas City in a research note on Monday, June 2nd. Stifel Nicolaus cut their price objective on Canadian Pacific Kansas City from $85.00 to $79.00 and set a "hold" rating for the company in a report on Monday, April 14th. Finally, Argus set a $90.00 target price on shares of Canadian Pacific Kansas City in a report on Wednesday, March 26th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, Canadian Pacific Kansas City currently has an average rating of "Moderate Buy" and an average target price of $90.95.

Canadian Pacific Kansas City Stock Performance

Shares of Canadian Pacific Kansas City stock traded down $0.64 during trading on Friday, reaching $81.11. The company's stock had a trading volume of 1,085,094 shares, compared to its average volume of 2,812,993. Canadian Pacific Kansas City Limited has a 52 week low of $66.49 and a 52 week high of $87.72. The business's 50-day moving average price is $78.96 and its 200-day moving average price is $76.23. The firm has a market cap of $74.74 billion, a PE ratio of 27.40, a P/E/G ratio of 2.27 and a beta of 1.07. The company has a quick ratio of 0.70, a current ratio of 0.81 and a debt-to-equity ratio of 0.43.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last announced its quarterly earnings data on Wednesday, April 30th. The transportation company reported $0.74 earnings per share for the quarter, hitting the consensus estimate of $0.74. Canadian Pacific Kansas City had a return on equity of 8.68% and a net margin of 25.99%. The business had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.56 billion. During the same period in the prior year, the company earned $0.93 EPS. Canadian Pacific Kansas City's revenue for the quarter was up 8.0% on a year-over-year basis. Equities analysts forecast that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 28th. Stockholders of record on Friday, June 27th will be given a $0.1644 dividend. The ex-dividend date of this dividend is Friday, June 27th. This is a positive change from Canadian Pacific Kansas City's previous quarterly dividend of $0.13. This represents a $0.66 annualized dividend and a dividend yield of 0.81%. Canadian Pacific Kansas City's dividend payout ratio (DPR) is 22.30%.

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.