Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $211.86 and last traded at $210.89, with a volume of 39659 shares changing hands. The stock had previously closed at $208.93.

A number of research analysts have recently issued reports on the company. Barclays reiterated a “buy” rating and issued a $235.00 price target on shares of Canadian Pacific Railway in a report on Wednesday. ValuEngine upgraded Canadian Pacific Railway from a “hold” rating to a “buy” rating in a report on Tuesday, September 4th. Argus lifted their price target on Canadian Pacific Railway from $205.00 to $215.00 and gave the company a “buy” rating in a report on Tuesday, July 31st. Credit Suisse Group lifted their price target on Canadian Pacific Railway from $210.00 to $216.00 and gave the company an “outperform” rating in a report on Thursday, July 19th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $201.00 price target on shares of Canadian Pacific Railway in a report on Saturday, June 2nd. Two equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Canadian Pacific Railway currently has an average rating of “Buy” and an average price target of $218.90.

The company has a debt-to-equity ratio of 1.21, a current ratio of 0.57 and a quick ratio of 0.48. The stock has a market capitalization of $30.04 billion, a price-to-earnings ratio of 22.35, a price-to-earnings-growth ratio of 1.77 and a beta of 1.08.

Canadian Pacific Railway (NYSE:CP) (TSE:CP) last posted its quarterly earnings data on Wednesday, July 18th. The transportation company reported $3.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.40 by $0.76. The firm had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.73 billion. Canadian Pacific Railway had a return on equity of 27.87% and a net margin of 33.92%. The business’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.77 EPS. research analysts anticipate that Canadian Pacific Railway Limited will post 10.22 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 29th. Stockholders of record on Friday, September 28th will be given a $0.4999 dividend. This is a boost from Canadian Pacific Railway’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Thursday, September 27th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.95%. Canadian Pacific Railway’s dividend payout ratio (DPR) is presently 22.44%.

Several institutional investors have recently bought and sold shares of CP. Wells Fargo & Company MN boosted its position in shares of Canadian Pacific Railway by 5.7% in the 1st quarter. Wells Fargo & Company MN now owns 72,859 shares of the transportation company’s stock worth $12,859,000 after purchasing an additional 3,914 shares in the last quarter. Neuberger Berman Group LLC boosted its position in shares of Canadian Pacific Railway by 52.1% in the 1st quarter. Neuberger Berman Group LLC now owns 15,145 shares of the transportation company’s stock worth $2,673,000 after purchasing an additional 5,187 shares in the last quarter. Northern Trust Corp boosted its position in shares of Canadian Pacific Railway by 6.1% in the 1st quarter. Northern Trust Corp now owns 424,426 shares of the transportation company’s stock worth $74,911,000 after purchasing an additional 24,313 shares in the last quarter. Candriam Luxembourg S.C.A. boosted its position in shares of Canadian Pacific Railway by 123.7% in the 1st quarter. Candriam Luxembourg S.C.A. now owns 9,278 shares of the transportation company’s stock worth $1,635,000 after purchasing an additional 5,130 shares in the last quarter. Finally, First Republic Investment Management Inc. boosted its position in shares of Canadian Pacific Railway by 21.6% in the 1st quarter. First Republic Investment Management Inc. now owns 23,859 shares of the transportation company’s stock worth $4,211,000 after purchasing an additional 4,238 shares in the last quarter. 65.08% of the stock is owned by hedge funds and other institutional investors.

Canadian Pacific Railway Company Profile (NYSE:CP)

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; and merchandise freight, such as finished vehicles and machineries, automotive parts, chemicals and plastics, petroleum and crude products, and metals and minerals, as well as forest, industrial, and consumer products.

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