Sigma Planning Corp Sells 325 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Sigma Planning Corp reduced its position in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 8.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,449 shares of the transportation company’s stock after selling 325 shares during the quarter. Sigma Planning Corp’s holdings in Canadian Pacific Kansas City were worth $250,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Pinnacle Bancorp Inc. raised its holdings in Canadian Pacific Kansas City by 13.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,250 shares of the transportation company’s stock worth $90,000 after purchasing an additional 150 shares in the last quarter. BKM Wealth Management LLC raised its holdings in Canadian Pacific Kansas City by 2.2% in the fourth quarter. BKM Wealth Management LLC now owns 7,267 shares of the transportation company’s stock worth $526,000 after purchasing an additional 158 shares in the last quarter. Forte Capital LLC ADV raised its holdings in Canadian Pacific Kansas City by 2.4% in the third quarter. Forte Capital LLC ADV now owns 7,415 shares of the transportation company’s stock worth $634,000 after purchasing an additional 173 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Canadian Pacific Kansas City by 12.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,632 shares of the transportation company’s stock worth $118,000 after purchasing an additional 175 shares in the last quarter. Finally, Kolinsky Wealth Management LLC raised its holdings in Canadian Pacific Kansas City by 3.9% in the third quarter. Kolinsky Wealth Management LLC now owns 4,932 shares of the transportation company’s stock worth $422,000 after purchasing an additional 184 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Canadian Pacific Kansas City Trading Up 1.7 %

Canadian Pacific Kansas City stock opened at $77.85 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42. Canadian Pacific Kansas City Limited has a 12 month low of $70.89 and a 12 month high of $91.58. The stock’s 50 day simple moving average is $76.46 and its two-hundred day simple moving average is $78.56. The firm has a market cap of $72.69 billion, a PE ratio of 26.85, a P/E/G ratio of 2.00 and a beta of 0.97.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its quarterly earnings data 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 return on equity of 8.86% and a net margin of 25.51%. Analysts anticipate that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current year.

Canadian Pacific Kansas City Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 28th will be given a $0.1318 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.53 annualized dividend and a yield of 0.68%. Canadian Pacific Kansas City’s dividend payout ratio is presently 17.93%.

Analyst Ratings Changes

CP has been the subject of a number of recent research reports. Citigroup boosted their target price on shares of Canadian Pacific Kansas City from $88.00 to $91.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Barclays dropped their price target on Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Benchmark restated a “hold” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, January 30th. Susquehanna dropped their price target on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating on the stock in a research note on Wednesday, January 8th. Finally, StockNews.com lowered Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research note on Wednesday, December 25th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.45.

About Canadian Pacific Kansas City

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.