Insider Selling: Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells 21,255 Shares of Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer Jeffrey Ellis sold 21,255 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of C$111.35, for a total transaction of C$2,366,646.48.

Canadian Pacific Kansas City Stock Up 0.7 %

TSE CP opened at C$112.91 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.49 and a debt-to-equity ratio of 51.94. 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 market capitalization of C$105.31 billion, a price-to-earnings ratio of 27.01, a PEG ratio of 2.32 and a beta of 0.75. The company has a fifty day moving average of C$117.27 and a two-hundred day moving average of C$108.88.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its quarterly earnings results on Wednesday, April 24th. The company reported C$0.93 EPS for the quarter, missing analysts’ consensus estimates of C$0.95 by C($0.02). The firm had revenue of C$3.52 billion for the quarter, compared to analysts’ expectations of C$3.52 billion. Canadian Pacific Kansas City had a return on equity of 9.36% and a net margin of 28.26%. On average, analysts predict that Canadian Pacific Kansas City Limited will post 4.2982664 earnings per share for the current year.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 29th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.19 per share. The ex-dividend date is Friday, June 28th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.67%. Canadian Pacific Kansas City’s dividend payout ratio is 18.18%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on CP shares. National Bankshares reduced their price objective on shares of Canadian Pacific Kansas City from C$121.00 to C$119.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 25th. Raymond James lifted their price objective 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 Monday, April 22nd. Desjardins lifted their price objective on shares of Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the company a “buy” rating in a research report on Friday, April 12th. CIBC lifted their price objective 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 report on Wednesday, March 27th. Finally, Sanford C. Bernstein lifted their price objective on shares of Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the company a “hold” rating in a research report on Monday, April 15th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Canadian Pacific Kansas City presently has a consensus rating of “Moderate Buy” and a consensus price target of C$120.63.

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.