Dilation Capital Management LP Purchases 7,105 Shares of Canadian Pacific Kansas City Limited $CP

Dilation Capital Management LP boosted its position in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 4.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 170,269 shares of the transportation company’s stock after purchasing an additional 7,105 shares during the period. Canadian Pacific Kansas City accounts for about 6.3% of Dilation Capital Management LP’s portfolio, making the stock its 5th biggest holding. Dilation Capital Management LP’s holdings in Canadian Pacific Kansas City were worth $12,683,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in CP. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Canadian Pacific Kansas City during the second quarter worth about $27,000. Caldwell Trust Co bought a new stake in Canadian Pacific Kansas City during the 3rd quarter worth approximately $30,000. Acadian Asset Management LLC acquired a new position in Canadian Pacific Kansas City in the 1st quarter valued at approximately $35,000. SJS Investment Consulting Inc. bought a new position in shares of Canadian Pacific Kansas City during the third quarter valued at $39,000. Finally, Chilton Capital Management LLC bought a new position in shares of Canadian Pacific Kansas City during the second quarter valued at $49,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Price Performance

Canadian Pacific Kansas City stock opened at $71.98 on Thursday. The stock has a market capitalization of $64.61 billion, a price-to-earnings ratio of 21.95, a PEG ratio of 1.55 and a beta of 1.10. Canadian Pacific Kansas City Limited has a 52-week low of $66.49 and a 52-week high of $83.65. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.54 and a current ratio of 0.63. The stock’s 50 day moving average price is $72.67 and its two-hundred day moving average price is $74.56.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its quarterly earnings data on Wednesday, October 29th. The transportation company reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.81 by ($0.01). The company had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.71 billion. Canadian Pacific Kansas City had a net margin of 28.41% and a return on equity of 8.79%. During the same quarter in the prior year, the firm earned $0.99 EPS. On average, equities analysts predict that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current year.

Canadian Pacific Kansas City Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 26th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.228 per share. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.91 dividend on an annualized basis and a dividend yield of 1.3%. Canadian Pacific Kansas City’s payout ratio is currently 20.12%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CP. Citigroup set a $88.00 price objective on Canadian Pacific Kansas City and gave the company a “buy” rating in a report on Thursday, January 8th. Royal Bank Of Canada decreased their price target on Canadian Pacific Kansas City from $129.00 to $127.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Barclays set a $90.00 price objective on Canadian Pacific Kansas City and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Canadian Pacific Kansas City in a report on Thursday, October 30th. Finally, Natl Bk Canada lowered shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $92.36.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.