Aberdeen Group plc Has $31.46 Million Stock Holdings in Canadian Pacific Kansas City Limited $CP

Aberdeen Group plc raised its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 9.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 427,225 shares of the transportation company’s stock after purchasing an additional 37,987 shares during the period. Aberdeen Group plc’s holdings in Canadian Pacific Kansas City were worth $31,457,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Twin Peaks Wealth Advisors LLC acquired a new stake in Canadian Pacific Kansas City in the second quarter valued at approximately $27,000. Caldwell Trust Co acquired a new position in Canadian Pacific Kansas City during the third quarter worth $30,000. Wealth Watch Advisors INC bought a new position in shares of Canadian Pacific Kansas City in the third quarter valued at $36,000. Cornerstone Planning Group LLC lifted its stake in shares of Canadian Pacific Kansas City by 205.5% in the third quarter. Cornerstone Planning Group LLC now owns 498 shares of the transportation company’s stock valued at $36,000 after buying an additional 335 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of Canadian Pacific Kansas City during the first quarter valued at about $35,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Canadian Pacific Kansas City Stock Down 0.0%

CP opened at $78.93 on Friday. Canadian Pacific Kansas City Limited has a fifty-two week low of $66.49 and a fifty-two week high of $89.42. The firm has a market capitalization of $70.82 billion, a P/E ratio of 24.44, a PEG ratio of 1.68 and a beta of 1.07. The company’s 50-day moving average is $81.18 and its 200 day moving average is $76.14. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.49 and a quick ratio of 0.41.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings data on Wednesday, January 28th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.04). Canadian Pacific Kansas City had a return on equity of 8.91% and a net margin of 27.49%.The firm had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.85 billion. During the same period in the previous year, the company posted $1.29 earnings per share. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. Research analysts expect that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Friday, March 27th will be given a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 20.74%.

Analysts Set New Price Targets

CP has been the topic of a number of analyst reports. Sanford C. Bernstein upped their target price on shares of Canadian Pacific Kansas City from $85.41 to $90.00 and gave the stock a “market perform” rating in a report on Tuesday, March 31st. Citigroup cut their price target on Canadian Pacific Kansas City from $88.00 to $86.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Evercore decreased their price objective on Canadian Pacific Kansas City from $87.00 to $85.00 and set an “outperform” rating for the company in a report on Thursday, January 29th. National Bank Financial downgraded Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 8th. Finally, Morgan Stanley upgraded Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $91.82.

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.