Jeffrey Ellis Sells 21,255 Shares of Canadian Pacific Kansas City Limited (TSE:CP) Stock

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

Canadian Pacific Kansas City Stock Performance

Shares of CP opened at C$112.91 on Friday. The stock’s 50-day simple moving average is C$117.27 and its 200 day simple moving average is C$108.88. The stock has a market capitalization of C$105.31 billion, a price-to-earnings ratio of 27.01, a price-to-earnings-growth ratio of 2.32 and a beta of 0.75. The company has a debt-to-equity ratio of 51.94, a quick ratio of 0.42 and a current ratio of 0.49. Canadian Pacific Kansas City Limited has a 52-week low of C$94.45 and a 52-week high of C$123.37.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings data on Wednesday, April 24th. The company reported C$0.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.95 by C($0.02). The company 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%. Research analysts forecast that Canadian Pacific Kansas City Limited will post 4.2982664 EPS for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

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

Analyst Ratings Changes

CP has been the subject of a number of recent analyst reports. ATB Capital upped their price objective on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an “outperform” rating in a research note on Wednesday, April 10th. CIBC upped their price objective on Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the company an “outperform” rating in a research note on Wednesday, March 27th. Sanford C. Bernstein upped their price objective on Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the company a “hold” rating in a research note on Monday, April 15th. TD Securities upped their price objective on Canadian Pacific Kansas City from C$110.00 to C$115.00 and gave the company a “hold” rating in a research note on Wednesday, January 31st. Finally, Raymond James upped their price objective on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an “outperform” rating in a research note on Monday, April 22nd. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Canadian Pacific Kansas City currently has a consensus rating of “Moderate Buy” and an average target price 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.