Geller Advisors LLC Invests $602,000 in Canadian Pacific Kansas City Limited (NYSE:CP)

Geller Advisors LLC acquired a new position in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 8,299 shares of the transportation company's stock, valued at approximately $602,000.

Several other large investors also recently bought and sold shares of CP. Proficio Capital Partners LLC purchased a new stake in shares of Canadian Pacific Kansas City in the fourth quarter valued at approximately $2,602,000. Oak Family Advisors LLC acquired a new stake in shares of Canadian Pacific Kansas City during the fourth quarter valued at about $262,000. Barclays PLC lifted its holdings in shares of Canadian Pacific Kansas City by 2.8% in the 3rd quarter. Barclays PLC now owns 2,929,642 shares of the transportation company's stock worth $250,602,000 after acquiring an additional 81,111 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Canadian Pacific Kansas City during the 4th quarter worth approximately $249,000. Finally, Phraction Management LLC increased its holdings in Canadian Pacific Kansas City by 53.6% in the 4th quarter. Phraction Management LLC now owns 13,306 shares of the transportation company's stock valued at $963,000 after purchasing an additional 4,641 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Canadian Pacific Kansas City Trading Up 1.7%

Shares of CP traded up $1.32 during mid-day trading on Tuesday, reaching $77.92. The company had a trading volume of 909,722 shares, compared to its average volume of 2,744,829. The stock has a market cap of $72.50 billion, a price-to-earnings ratio of 26.89, a price-to-earnings-growth ratio of 2.00 and a beta of 1.09. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42. The firm has a fifty day simple moving average of $72.94 and a 200-day simple moving average of $75.04. Canadian Pacific Kansas City Limited has a fifty-two week low of $66.49 and a fifty-two week high of $87.72.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last issued its earnings results on Wednesday, April 30th. The transportation company reported $0.74 earnings per share for the quarter, meeting analysts' consensus estimates of $0.74. The firm had revenue of $2.66 billion for the quarter, compared to analysts' expectations of $2.56 billion. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.93 earnings per share. On average, sell-side 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. Investors of record on Friday, June 27th will be issued a $0.1644 dividend. This is a positive change from Canadian Pacific Kansas City's previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, June 27th. This represents a $0.66 annualized dividend and a yield of 0.84%. Canadian Pacific Kansas City's dividend payout ratio (DPR) is presently 21.28%.

Analysts Set New Price Targets

Several research analysts have recently commented on CP shares. 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. Susquehanna lifted their target price on Canadian Pacific Kansas City from $88.00 to $90.00 and gave the company a "positive" rating in a research report on Thursday, May 1st. Stifel Nicolaus cut their price target on shares of Canadian Pacific Kansas City from $85.00 to $79.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. Evercore ISI lowered their price objective on shares of Canadian Pacific Kansas City from $89.00 to $88.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. Finally, Barclays dropped their price objective on shares of Canadian Pacific Kansas City from $91.00 to $87.00 and set an "overweight" rating for the company in a report on Wednesday, April 2nd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $90.71.

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.