Curio Wealth LLC Purchases New Stake in Canadian Pacific Kansas City Limited (NYSE:CP)

Curio Wealth LLC bought a new position in shares of Canadian Pacific Kansas City Limited (NYSE:CPFree Report) (TSE:CP) in the fourth quarter, Holdings Channel.com reports. The firm bought 539 shares of the transportation company’s stock, valued at approximately $39,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CP. GSA Capital Partners LLP bought a new position in Canadian Pacific Kansas City during the third quarter worth about $696,000. Thrivent Financial for Lutherans boosted its position in Canadian Pacific Kansas City by 61.9% during the third quarter. Thrivent Financial for Lutherans now owns 19,807 shares of the transportation company’s stock worth $1,694,000 after purchasing an additional 7,573 shares during the period. Pathstone Holdings LLC lifted its holdings in shares of Canadian Pacific Kansas City by 2.7% in the third quarter. Pathstone Holdings LLC now owns 248,761 shares of the transportation company’s stock worth $21,279,000 after buying an additional 6,579 shares in the last quarter. Cantillon Capital Management LLC lifted its holdings in shares of Canadian Pacific Kansas City by 9.1% in the third quarter. Cantillon Capital Management LLC now owns 3,705,152 shares of the transportation company’s stock worth $316,939,000 after buying an additional 310,588 shares in the last quarter. Finally, Whalen Wealth Management Inc. purchased a new stake in shares of Canadian Pacific Kansas City in the third quarter worth about $487,000. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Up 0.1 %

CP stock opened at $75.35 on Tuesday. The company has a market capitalization of $70.35 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 2.00 and a beta of 0.98. Canadian Pacific Kansas City Limited has a one year low of $70.89 and a one year high of $90.64. The company’s 50 day moving average price is $76.90 and its two-hundred day moving average price is $78.14. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53.

Canadian Pacific Kansas City (NYSE:CPGet Free Report) (TSE:CP) last posted its quarterly earnings results on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a net margin of 25.51% and a return on equity of 8.86%. As a group, analysts predict that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be issued a $0.1318 dividend. This represents a $0.53 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio is 17.93%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Stephens increased their price target on shares of Canadian Pacific Kansas City from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Thursday, January 30th. Benchmark reissued a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday, January 30th. Stifel Nicolaus lowered their price target on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating on the stock in a report on Thursday, January 16th. Loop Capital downgraded shares of Canadian Pacific Kansas City from a “buy” rating to a “sell” rating in a report on Monday, February 3rd. Finally, Wolfe Research raised shares of Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price target on the stock in a report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.45.

Get Our Latest Analysis on CP

Canadian Pacific Kansas City Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Canadian Pacific Kansas City Limited (NYSE:CPFree Report) (TSE:CP).

Institutional Ownership by Quarter for Canadian Pacific Kansas City (NYSE:CP)

Receive News & Ratings for Canadian Pacific Kansas City Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Pacific Kansas City and related companies with MarketBeat.com's FREE daily email newsletter.