Keith E. Creel Sells 59,925 Shares of Canadian Pacific Kansas City Limited (TSE:CP) Stock

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

Canadian Pacific Kansas City Trading Down 1.6 %

Shares of CP stock traded down C$1.90 during trading hours on Thursday, hitting C$118.57. 970,945 shares of the company were exchanged, compared to its average volume of 1,171,995. The firm has a market cap of C$110.57 billion, a PE ratio of 28.24, a PEG ratio of 2.32 and a beta of 0.75. Canadian Pacific Kansas City Limited has a 1 year low of C$94.45 and a 1 year high of C$123.37. The company has a quick ratio of 0.42, a current ratio of 0.53 and a debt-to-equity ratio of 53.85. The firm has a fifty day moving average of C$117.69 and a 200 day moving average of C$106.93.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its quarterly earnings data on Tuesday, January 30th. The company reported C$1.18 earnings per share for the quarter, topping the consensus estimate of C$1.12 by C$0.06. The business had revenue of C$3.78 billion for the quarter, compared to analyst estimates of C$3.66 billion. Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%. Analysts expect that Canadian Pacific Kansas City Limited will post 4.3864556 earnings per share for the current year.

Canadian Pacific Kansas City Announces Dividend

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

Analysts Set New Price Targets

CP has been the topic of a number of recent research reports. Sanford C. Bernstein upped 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 report on Monday, February 5th. Royal Bank of Canada upped their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$133.00 in a report on Monday, April 1st. CIBC upped 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 report on Wednesday, March 27th. National Bankshares upped their target price on shares of Canadian Pacific Kansas City from C$112.00 to C$121.00 in a report on Thursday, April 4th. Finally, BMO Capital Markets upped their target price on shares of Canadian Pacific Kansas City from C$125.00 to C$133.00 in a report on Monday. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock 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.