Fiera Capital Corp Has $436.58 Million Holdings in Canadian Pacific Kansas City Limited $CP

Fiera Capital Corp increased its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 3.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,864,045 shares of the transportation company’s stock after purchasing an additional 178,661 shares during the quarter. Canadian Pacific Kansas City accounts for approximately 1.4% of Fiera Capital Corp’s investment portfolio, making the stock its 21st largest position. Fiera Capital Corp owned 0.65% of Canadian Pacific Kansas City worth $436,581,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Canadian Pacific Kansas City by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 38,734,456 shares of the transportation company’s stock valued at $2,884,826,000 after buying an additional 510,633 shares in the last quarter. Invesco Ltd. boosted its position in shares of Canadian Pacific Kansas City by 15.1% during the 2nd quarter. Invesco Ltd. now owns 19,543,455 shares of the transportation company’s stock worth $1,549,210,000 after acquiring an additional 2,559,104 shares in the last quarter. Mackenzie Financial Corp increased its stake in Canadian Pacific Kansas City by 0.9% in the second quarter. Mackenzie Financial Corp now owns 16,498,767 shares of the transportation company’s stock valued at $1,311,512,000 after acquiring an additional 150,963 shares during the last quarter. JPMorgan Chase & Co. raised its position in Canadian Pacific Kansas City by 87.2% during the second quarter. JPMorgan Chase & Co. now owns 16,000,064 shares of the transportation company’s stock valued at $1,268,325,000 after purchasing an additional 7,454,810 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in Canadian Pacific Kansas City by 16.2% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 12,850,737 shares of the transportation company’s stock worth $1,018,952,000 after purchasing an additional 1,792,388 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Canadian Pacific Kansas City Trading Up 1.1%

CP opened at $84.66 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.63 and a quick ratio of 0.54. Canadian Pacific Kansas City Limited has a fifty-two week low of $66.49 and a fifty-two week high of $85.15. The company’s 50 day moving average price is $75.54 and its two-hundred day moving average price is $74.65. The firm has a market capitalization of $76.00 billion, a price-to-earnings ratio of 26.21, a PEG ratio of 1.78 and a beta of 1.10.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its quarterly earnings results on Wednesday, January 28th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.04). Canadian Pacific Kansas City had a net margin of 27.49% and a return on equity of 8.88%. The business had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.85 billion. During the same period in the previous year, the business posted $1.29 EPS. Canadian Pacific Kansas City’s revenue was up 1.3% on a year-over-year basis. As a group, research analysts predict that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current year.

Canadian Pacific Kansas City Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Friday, March 27th will be issued a dividend of $0.228 per share. The ex-dividend date of this dividend is Friday, March 27th. This represents a $0.91 annualized dividend and a yield of 1.1%. Canadian Pacific Kansas City’s payout ratio is presently 20.43%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on CP shares. Jefferies Financial Group set a $90.00 price target on Canadian Pacific Kansas City in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, October 30th. 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. Evercore decreased their price target on shares of Canadian Pacific Kansas City from $87.00 to $85.00 and set an “outperform” rating on the stock in a report on Thursday, January 29th. Finally, Citigroup cut their target price on shares of Canadian Pacific Kansas City from $88.00 to $86.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $92.00.

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.