Value Partners Investments Inc. Has $3.32 Million Stake in Canadian Pacific Kansas City Limited (NYSE:CP)

Value Partners Investments Inc. lessened its stake in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 87.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,947 shares of the transportation company's stock after selling 309,888 shares during the period. Canadian Pacific Kansas City accounts for about 1.9% of Value Partners Investments Inc.'s holdings, making the stock its 20th biggest position. Value Partners Investments Inc.'s holdings in Canadian Pacific Kansas City were worth $3,323,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Kestra Investment Management LLC acquired a new position in shares of Canadian Pacific Kansas City during the 4th quarter valued at about $33,000. Stonebridge Financial Group LLC acquired a new position in shares of Canadian Pacific Kansas City in the fourth quarter worth about $34,000. YANKCOM Partnership acquired a new position in Canadian Pacific Kansas City in the fourth quarter worth about $36,000. Millstone Evans Group LLC bought a new position in Canadian Pacific Kansas City during the 4th quarter worth approximately $36,000. Finally, Curio Wealth LLC bought a new stake in shares of Canadian Pacific Kansas City in the 4th quarter valued at approximately $39,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Canadian Pacific Kansas City Stock Performance

NYSE CP traded up $0.59 on Friday, hitting $81.80. 1,170,480 shares of the stock were exchanged, compared to its average volume of 2,785,246. The business's fifty day moving average is $74.59 and its 200 day moving average is $75.33. Canadian Pacific Kansas City Limited has a 52 week low of $66.49 and a 52 week high of $87.72. The company has a market capitalization of $76.11 billion, a PE ratio of 28.19, a P/E/G ratio of 2.00 and a beta of 1.09. 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 (NYSE:CP - Get Free Report) TSE: CP last posted its quarterly earnings data on Wednesday, April 30th. The transportation company reported $0.74 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.74. Canadian Pacific Kansas City had a net margin of 25.51% and a return on equity of 8.86%. The firm had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter in the previous year, the firm posted $0.93 EPS. The business's revenue for the quarter was up 8.0% compared to the same quarter last year. 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 company 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 $0.1644 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Friday, June 27th. This is a boost from Canadian Pacific Kansas City's previous quarterly dividend of $0.13. Canadian Pacific Kansas City's dividend payout ratio is presently 21.28%.

Analyst Ratings Changes

A number of analysts have weighed in on CP shares. Bank of America increased 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 report on Friday, May 16th. Benchmark reiterated a "hold" rating on shares of Canadian Pacific Kansas City in a research report on Thursday, January 30th. Royal Bank of Canada reduced their price target on shares of Canadian Pacific Kansas City from $122.00 to $121.00 and set an "outperform" rating for the company in a research report on Thursday, May 1st. Citigroup reduced their price objective on shares of Canadian Pacific Kansas City from $91.00 to $84.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Finally, Susquehanna boosted their price target on Canadian Pacific Kansas City from $88.00 to $90.00 and gave the company a "positive" rating in a research note on Thursday, May 1st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, Canadian Pacific Kansas City currently has an average rating of "Moderate Buy" and an average target price 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.