Keith E. Creel Sells 59,925 Shares of Canadian Pacific Kansas City Limited (TSE:CP) Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer Keith E. Creel sold 59,925 shares of the company’s stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of C$105.26, for a total value of C$6,307,717.49.

Keith E. Creel also recently made the following trade(s):

• On Friday, May 10th, Keith E. Creel sold 59,925 shares of Canadian Pacific Kansas City stock. The stock was sold at an average price of C$113.21, for a total value of C$6,783,869.55.
• On Wednesday, April 10th, Keith E. Creel sold 59,925 shares of Canadian Pacific Kansas City stock. The stock was sold at an average price of C$119.53, for a total value of C$7,162,691.43.

Canadian Pacific Kansas City Stock Performance

Shares of CP stock traded down C$0.35 during trading on Tuesday, reaching C$105.28. The company had a trading volume of 179,783 shares, compared to its average volume of 1,217,434. The firm’s 50 day simple moving average is C$112.24 and its two-hundred day simple moving average is C$110.67. The company has a debt-to-equity ratio of 51.94, a current ratio of 0.49 and a quick ratio of 0.42. Canadian Pacific Kansas City Limited has a one year low of C$94.45 and a one year high of C$123.37. The company has a market capitalization of C$98.20 billion, a PE ratio of 26.02, a PEG ratio of 2.32 and a beta of 0.77.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings data on Wednesday, April 24th. The company reported C$0.93 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.95 by C($0.02). The company had revenue of C$3.52 billion during the quarter, compared to the consensus estimate of C$3.52 billion. Canadian Pacific Kansas City had a net margin of 28.26% and a return on equity of 9.36%. Sell-side analysts forecast that Canadian Pacific Kansas City Limited will post 4.1603293 earnings per share for the current year.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 29th. Shareholders of record on Friday, June 28th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Friday, June 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 18.77%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CP. BMO Capital Markets increased their price target on Canadian Pacific Kansas City from C$125.00 to C$133.00 in a research note on Monday, April 8th. Barclays increased their price target on Canadian Pacific Kansas City from C$120.00 to C$130.00 in a research note on Thursday, April 4th. Desjardins increased their price target on Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the stock a “buy” rating in a research note on Friday, April 12th. National Bankshares decreased their target price on Canadian Pacific Kansas City from C$121.00 to C$119.00 and set a “sector perform” rating for the company in a research note on Thursday, April 25th. Finally, Sanford C. Bernstein raised their target price on Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the company a “hold” rating in a research note on Monday, April 15th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$120.63.

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.