United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Increases Stake in Canadian Pacific Kansas City Limited (NYSE:CP)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 12.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 804,467 shares of the transportation company’s stock after acquiring an additional 88,711 shares during the period. Canadian Pacific Kansas City makes up approximately 3.2% of United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s investment portfolio, making the stock its 11th biggest position. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Canadian Pacific Kansas City were worth $63,962,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Stonebridge Capital Advisors LLC increased its holdings in Canadian Pacific Kansas City by 750.0% during the 4th quarter. Stonebridge Capital Advisors LLC now owns 340 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 300 shares during the period. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of Canadian Pacific Kansas City in the 3rd quarter worth about $29,000. Sands Capital Management LLC purchased a new stake in shares of Canadian Pacific Kansas City in the 3rd quarter worth approximately $31,000. AdvisorNet Financial Inc increased its holdings in shares of Canadian Pacific Kansas City by 452.1% during the third quarter. AdvisorNet Financial Inc now owns 519 shares of the transportation company’s stock valued at $39,000 after acquiring an additional 425 shares in the last quarter. Finally, Fortis Capital Advisors LLC purchased a new position in Canadian Pacific Kansas City in the first quarter worth about $39,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Down 0.6 %

CP stock traded down $0.47 during midday trading on Wednesday, reaching $83.80. The company’s stock had a trading volume of 1,204,777 shares, compared to its average volume of 2,036,625. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.46 and a current ratio of 0.53. The stock has a fifty day simple moving average of $87.17 and a two-hundred day simple moving average of $79.28. Canadian Pacific Kansas City Limited has a 1 year low of $68.92 and a 1 year high of $91.58. The firm has a market capitalization of $78.15 billion, a price-to-earnings ratio of 26.72, a PEG ratio of 2.19 and a beta of 0.94.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its earnings results on Tuesday, January 30th. The transportation company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.04. Canadian Pacific Kansas City had a return on equity of 8.52% and a net margin of 31.29%. The business had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.71 billion. On average, equities research analysts predict that Canadian Pacific Kansas City Limited will post 3.21 EPS for the current year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 29th. Shareholders of record on Thursday, March 28th will be paid a $0.1415 dividend. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.57 dividend on an annualized basis and a yield of 0.68%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 17.83%.

Analyst Ratings Changes

CP has been the topic of several research analyst reports. Bank of America upped their target price on shares of Canadian Pacific Kansas City from $87.00 to $97.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Barclays boosted their price objective on Canadian Pacific Kansas City from $90.00 to $96.00 and gave the company an “overweight” rating in a research note on Thursday, April 4th. Susquehanna Bancshares downgraded Canadian Pacific Kansas City from a “positive” rating to a “neutral” rating and dropped their price target for the stock from $90.00 to $87.00 in a research note on Monday, January 8th. Scotiabank restated a “sector perform” rating on shares of Canadian Pacific Kansas City in a research note on Monday, March 25th. Finally, Benchmark reaffirmed a “hold” rating on shares of Canadian Pacific Kansas City in a report on Wednesday, April 10th. Twelve research analysts have rated the stock with 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 “Hold” and a consensus target price of $95.29.

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.