Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells C$7,162,691.43 in Stock

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP Senior Officer Keith E. Creel sold 59,925 shares of the business's stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of C$119.53, for a total transaction of C$7,162,691.43.

Canadian Pacific Kansas City Price Performance

Shares of CP stock traded down C$1.90 on Thursday, hitting C$118.57. 970,945 shares of the stock traded hands, compared to its average volume of 1,171,995. The firm has a market cap of C$110.57 billion, a price-to-earnings ratio of 28.24, a PEG ratio of 2.32 and a beta of 0.75. Canadian Pacific Kansas City Limited has a 52 week low of C$94.45 and a 52 week high of C$123.37. The firm has a 50 day simple moving average of C$117.69 and a two-hundred day simple moving average of C$106.93. The company has a debt-to-equity ratio of 53.85, a current ratio of 0.53 and a quick ratio of 0.42.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP last announced its quarterly earnings data on Tuesday, January 30th. The company reported C$1.18 EPS for the quarter, beating the consensus estimate of C$1.12 by C$0.06. The firm had revenue of C$3.78 billion for the quarter, compared to the consensus estimate of C$3.66 billion. Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%. As a group, equities research analysts predict that Canadian Pacific Kansas City Limited will post 4.3864556 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, March 28th will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.76 annualized dividend and a yield of 0.64%. Canadian Pacific Kansas City's payout ratio is 18.05%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CP. ATB Capital boosted their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an "outperform" rating in a research report on Wednesday. TD Securities raised their target price on shares of Canadian Pacific Kansas City from C$110.00 to C$115.00 and gave the company a "hold" rating in a research note on Wednesday, January 31st. CIBC raised their target price on shares of Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the company an "outperform" rating in a research note on Wednesday, March 27th. Sanford C. Bernstein raised their target price on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a "market perform" rating in a research note on Monday, February 5th. Finally, Barclays raised their target price on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 in a research note on Thursday, April 4th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Canadian Pacific Kansas City currently has an average rating of "Moderate Buy" and an average target price of C$119.44.

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.

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