Hudson Value Partners LLC Purchases 9,187 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Hudson Value Partners LLC raised its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 28.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,561 shares of the transportation company's stock after purchasing an additional 9,187 shares during the quarter. Hudson Value Partners LLC's holdings in Canadian Pacific Kansas City were worth $2,917,000 as of its most recent filing with the Securities & Exchange Commission.

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

Canadian Pacific Kansas City Price Performance

Shares of NYSE CP traded down $0.57 during midday trading on Tuesday, reaching $79.26. The stock had a trading volume of 3,896,267 shares, compared to its average volume of 2,787,812. The company has a market capitalization of $73.03 billion, a price-to-earnings ratio of 26.78, a price-to-earnings-growth ratio of 2.17 and a beta of 1.10. Canadian Pacific Kansas City Limited has a 12-month low of $66.49 and a 12-month high of $87.72. The stock has a 50-day moving average of $78.08 and a 200-day moving average of $76.01. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.70 and a current ratio of 0.81.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last issued its quarterly earnings results on Wednesday, April 30th. The transportation company reported $0.74 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates 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 analyst estimates of $2.56 billion. During the same quarter in the prior year, the business posted $0.93 EPS. Canadian Pacific Kansas City's revenue for the quarter was up 8.0% compared to the same quarter last year. As a group, research analysts anticipate that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 28th. Shareholders of record on Friday, June 27th will be paid a $0.1644 dividend. This represents a $0.66 annualized dividend and a yield of 0.83%. This is an increase from Canadian Pacific Kansas City's previous quarterly dividend of $0.13. The ex-dividend date is Friday, June 27th. Canadian Pacific Kansas City's dividend payout ratio is presently 17.91%.

Analyst Upgrades and Downgrades

CP has been the topic of several research analyst reports. Argus set a $90.00 price objective on shares of Canadian Pacific Kansas City in a research report on Wednesday, March 26th. Bank of America lifted their target price on shares of Canadian Pacific Kansas City from $82.00 to $90.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Royal Bank Of Canada reduced their price objective on Canadian Pacific Kansas City from $122.00 to $121.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st. Scotiabank reaffirmed an "outperform" rating on shares of Canadian Pacific Kansas City in a research note on Thursday, May 1st. Finally, Citigroup lowered their price target on Canadian Pacific Kansas City from $91.00 to $84.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $90.95.

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.