Paradoxiom Capital L.P. Acquires Shares of 135,383 Canadian Pacific Kansas City Limited (NYSE:CP)

Paradoxiom Capital L.P. acquired a new stake in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 135,383 shares of the transportation company's stock, valued at approximately $9,798,000. Canadian Pacific Kansas City accounts for approximately 4.0% of Paradoxiom Capital L.P.'s investment portfolio, making the stock its 3rd largest holding.

Several other large investors have also made changes to their positions in the business. Kestra Investment Management LLC purchased a new stake in shares of Canadian Pacific Kansas City during the fourth quarter worth $33,000. Stonebridge Financial Group LLC purchased a new stake in Canadian Pacific Kansas City during the 4th quarter valued at about $34,000. YANKCOM Partnership acquired a new stake in Canadian Pacific Kansas City in the 4th quarter valued at about $36,000. Millstone Evans Group LLC acquired a new stake in Canadian Pacific Kansas City in the 4th quarter valued at about $36,000. Finally, Curio Wealth LLC acquired a new position in shares of Canadian Pacific Kansas City during the 4th quarter worth approximately $39,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Stock Up 2.6%

Shares of NYSE:CP opened at $78.60 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. Canadian Pacific Kansas City Limited has a 1-year low of $66.49 and a 1-year high of $87.72. The company's fifty day moving average is $72.94 and its two-hundred day moving average is $75.06. The stock has a market capitalization of $73.13 billion, a price-to-earnings ratio of 27.10, a price-to-earnings-growth ratio of 2.00 and a beta of 1.09.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last released its earnings results on Wednesday, April 30th. The transportation company reported $0.74 EPS for the quarter, meeting the consensus estimate 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 net margin of 25.51% and a return on equity of 8.86%. Canadian Pacific Kansas City's quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the company earned $0.93 EPS. Equities analysts anticipate that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current 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 annualized dividend and a dividend yield of 0.84%. This is a boost from Canadian Pacific Kansas City's previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, June 27th. Canadian Pacific Kansas City's dividend payout ratio (DPR) is presently 21.28%.

Wall Street Analyst Weigh In

Several research firms have recently commented on CP. Citigroup reduced their price target on Canadian Pacific Kansas City from $91.00 to $84.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Argus set a $90.00 price target on Canadian Pacific Kansas City in a report on Wednesday, March 26th. Loop Capital lowered Canadian Pacific Kansas City from a "buy" rating to a "sell" rating in a report on Monday, February 3rd. Evercore ISI reduced their price target on Canadian Pacific Kansas City from $89.00 to $88.00 and set an "outperform" rating on the stock in a report on Thursday, May 1st. Finally, Susquehanna lifted their price target on Canadian Pacific Kansas City from $88.00 to $90.00 and gave the stock a "positive" rating in a report on Thursday, May 1st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $90.71.

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.

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