Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells C$1,450,853.25 in Stock

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP Senior Officer Maeghan Dawn Albiston sold 12,950 shares of the stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of C$112.04, for a total transaction of C$1,450,853.25.

Canadian Pacific Kansas City Stock Performance

TSE:CP remained flat at C$112.09 during trading hours on Friday. The company's stock had a trading volume of 2,886,416 shares, compared to its average volume of 1,652,543. The company has a market capitalization of C$104.77 billion, a PE ratio of 29.59, a PEG ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City Limited has a 1-year low of C$94.60 and a 1-year high of C$119.20. The company's 50 day moving average price is C$104.22 and its 200 day moving average price is C$106.80. The company has a debt-to-equity ratio of 49.64, a current ratio of 0.53 and a quick ratio of 0.42.

Canadian Pacific Kansas City Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 28th. Stockholders of record on Friday, June 27th will be given a dividend of $0.228 per share. This represents a $0.91 annualized dividend and a dividend yield of 0.81%. This is a boost from Canadian Pacific Kansas City's previous quarterly dividend of $0.19. Canadian Pacific Kansas City's dividend payout ratio is currently 20.06%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. CIBC lifted their price objective on Canadian Pacific Kansas City from C$119.00 to C$124.00 in a research report on Thursday, May 22nd. National Bankshares dropped their price target on shares of Canadian Pacific Kansas City from C$123.00 to C$118.00 and set a "sector perform" rating for the company in a research report on Thursday, April 3rd. Sanford C. Bernstein reduced their price objective on shares of Canadian Pacific Kansas City from C$123.00 to C$122.00 in a research note on Friday, February 21st. Barclays lowered their target price on shares of Canadian Pacific Kansas City from C$130.00 to C$125.00 in a research note on Wednesday, April 2nd. Finally, Desjardins cut their price target on Canadian Pacific Kansas City from C$129.00 to C$124.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eight have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, Canadian Pacific Kansas City currently has a consensus rating of "Moderate Buy" and a consensus target price of C$120.00.

About Canadian Pacific Kansas City

Canadian Pacific is a CAD 8 billion Class-1 railroads operating on more than 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2021, CP hauled shipments of grain (22% of freight revenue), intermodal containers (22%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (5%), and a diverse mix of other merchandise.