Canadian Pacific Kansas City (TSE:CP) Insider Sells C$184,094.20 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Pamela Lynne Arpin sold 1,385 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of C$132.92, for a total value of C$184,094.20. Following the completion of the sale, the insider owned 4,578 shares in the company, valued at C$608,507.76. This represents a 23.23% decrease in their ownership of the stock.

Canadian Pacific Kansas City Stock Performance

TSE CP traded down C$1.70 during trading on Monday, hitting C$131.38. 483,296 shares of the company’s stock traded hands, compared to its average volume of 1,425,975. The company has a debt-to-equity ratio of 53.93, a quick ratio of 0.42 and a current ratio of 0.59. The stock has a market capitalization of C$115.49 billion, a price-to-earnings ratio of 30.55, a PEG ratio of 2.32 and a beta of 1.28. Canadian Pacific Kansas City Limited has a 12-month low of C$96.50 and a 12-month high of C$133.38. The business has a 50 day moving average of C$126.75 and a 200-day moving average of C$119.48.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its earnings results on Wednesday, July 29th. The company reported C$1.27 earnings per share for the quarter. Canadian Pacific Kansas City had a net margin of 25.04% and a return on equity of 8.35%. The firm had revenue of C$4.16 billion during the quarter. As a group, equities research analysts anticipate that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 27th were issued a dividend of $0.268 per share. This represents a $1.07 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, June 26th. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. Canadian Pacific Kansas City’s payout ratio is presently 22.14%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on CP shares. Royal Bank Of Canada lifted their price target on Canadian Pacific Kansas City from C$139.00 to C$145.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. BMO Capital Markets raised their target price on Canadian Pacific Kansas City from C$142.00 to C$145.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. TD lifted their target price on Canadian Pacific Kansas City from C$128.00 to C$134.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Desjardins upped their price target on Canadian Pacific Kansas City from C$141.00 to C$143.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, ATB Cormark Capital Markets upped their target price on shares of Canadian Pacific Kansas City from C$137.00 to C$143.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$134.36.

About Canadian Pacific Kansas City

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.