Canadian Pacific Kansas City (TSE:CP) Director Katharine Berghuis Stevenson Purchases 1,000 Shares

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Director Katharine Berghuis Stevenson purchased 1,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average cost of C$118.37 per share, with a total value of C$118,370.00. Following the completion of the purchase, the director owned 3,000 shares of the company’s stock, valued at approximately C$355,110. This represents a 50.00% increase in their position.

Canadian Pacific Kansas City Trading Down 0.2%

CP opened at C$117.38 on Thursday. Canadian Pacific Kansas City Limited has a 1-year low of C$96.50 and a 1-year high of C$122.25. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35. The company has a market cap of C$104.20 billion, a P/E ratio of 26.20, a price-to-earnings-growth ratio of 2.32 and a beta of 1.18. The company has a fifty day moving average price of C$112.98 and a two-hundred day moving average price of C$106.96.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. Canadian Pacific Kansas City had a net margin of 27.21% and a return on equity of 8.85%. The firm had revenue of C$3.70 billion during the quarter. Analysts predict that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, April 27th were issued a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.36%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on CP shares. Citigroup reduced their price objective on shares of Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Raymond James Financial lifted their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. ATB Cormark Capital Markets lifted their price objective on shares of Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the company a “moderate buy” rating in a report on Friday, April 17th. National Bank Financial lifted their price objective on shares of Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the company an “outperform” rating in a report on Wednesday, April 15th. Finally, TD Securities reduced their price objective on shares of Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating for the company in a report on Thursday, January 29th. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and an average target price of C$123.07.

Canadian Pacific Kansas City Company Profile

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.