Indivisible Partners Takes $732,000 Position in Canadian Pacific Kansas City Limited $CP

Indivisible Partners acquired a new stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,938 shares of the transportation company’s stock, valued at approximately $732,000.

Several other large investors also recently modified their holdings of the stock. Frank Rimerman Advisors LLC raised its position in shares of Canadian Pacific Kansas City by 0.8% in the third quarter. Frank Rimerman Advisors LLC now owns 17,799 shares of the transportation company’s stock valued at $1,326,000 after purchasing an additional 145 shares during the period. Cromwell Holdings LLC raised its position in shares of Canadian Pacific Kansas City by 8.1% in the fourth quarter. Cromwell Holdings LLC now owns 1,936 shares of the transportation company’s stock valued at $143,000 after purchasing an additional 145 shares during the period. Fortune Financial Advisors LLC raised its position in shares of Canadian Pacific Kansas City by 1.2% in the fourth quarter. Fortune Financial Advisors LLC now owns 13,623 shares of the transportation company’s stock valued at $1,003,000 after purchasing an additional 158 shares during the period. Brookstone Capital Management raised its position in shares of Canadian Pacific Kansas City by 1.2% in the fourth quarter. Brookstone Capital Management now owns 14,355 shares of the transportation company’s stock valued at $1,057,000 after purchasing an additional 176 shares during the period. Finally, Advisory Services Network LLC raised its position in shares of Canadian Pacific Kansas City by 3.1% in the third quarter. Advisory Services Network LLC now owns 6,764 shares of the transportation company’s stock valued at $504,000 after purchasing an additional 204 shares during the period. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CP shares. Barclays set a $99.00 price objective on shares of Canadian Pacific Kansas City and gave the company an “overweight” rating in a research report on Thursday, April 30th. Scotiabank lowered shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 9th. Citigroup increased their price objective on shares of Canadian Pacific Kansas City from $93.00 to $97.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. National Bank Financial raised shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 15th. Finally, Royal Bank Of Canada decreased their price target on shares of Canadian Pacific Kansas City from $128.00 to $127.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and an average price target of $95.30.

Canadian Pacific Kansas City Trading Up 3.0%

CP stock opened at $86.04 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.41 and a current ratio of 0.67. The company’s 50-day simple moving average is $82.47 and its 200 day simple moving average is $77.26. Canadian Pacific Kansas City Limited has a 52 week low of $68.42 and a 52 week high of $89.42. The company has a market capitalization of $76.38 billion, a PE ratio of 26.56, a price-to-earnings-growth ratio of 1.79 and a beta of 1.09.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its quarterly earnings results on Wednesday, April 29th. The transportation company reported $0.76 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.02). Canadian Pacific Kansas City had a net margin of 27.20% and a return on equity of 8.86%. The business had revenue of $2.66 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same quarter last year, the company posted $1.06 earnings per share. The company’s revenue was down 2.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Canadian Pacific Kansas City Limited will post 3.75 earnings per share for the current year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Friday, June 26th will be paid a $0.268 dividend. This represents a $1.07 annualized dividend and a dividend yield of 1.2%. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, June 26th. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.68%.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.