Rothschild & Co Wealth Management UK Ltd Acquires 189,931 Shares of Canadian Pacific Kansas City Limited $CP

Rothschild & Co Wealth Management UK Ltd boosted its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 3.7% during the third quarter, HoldingsChannel reports. The fund owned 5,304,930 shares of the transportation company’s stock after purchasing an additional 189,931 shares during the quarter. Canadian Pacific Kansas City comprises 6.4% of Rothschild & Co Wealth Management UK Ltd’s holdings, making the stock its 8th largest position. Rothschild & Co Wealth Management UK Ltd’s holdings in Canadian Pacific Kansas City were worth $395,164,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Canadian Pacific Kansas City in the second quarter worth $27,000. Caldwell Trust Co acquired a new position in Canadian Pacific Kansas City during the 3rd quarter worth about $30,000. Acadian Asset Management LLC acquired a new position in Canadian Pacific Kansas City during the 1st quarter worth about $35,000. Cornerstone Planning Group LLC grew its position in shares of Canadian Pacific Kansas City by 205.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 498 shares of the transportation company’s stock valued at $36,000 after buying an additional 335 shares during the last quarter. Finally, SJS Investment Consulting Inc. acquired a new stake in shares of Canadian Pacific Kansas City in the third quarter valued at about $39,000. Institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

CP has been the subject of a number of recent analyst reports. Royal Bank Of Canada reissued an “outperform” rating and set a $124.00 target price (down previously from $127.00) on shares of Canadian Pacific Kansas City in a research report on Thursday, January 29th. National Bank Financial cut shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 8th. Barclays set a $93.00 target price on shares of Canadian Pacific Kansas City in a research note on Thursday, January 29th. Citigroup cut their price target on shares of Canadian Pacific Kansas City from $88.00 to $86.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Finally, Morgan Stanley raised Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 8th. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $92.00.

Canadian Pacific Kansas City Stock Down 0.1%

Shares of NYSE CP opened at $83.84 on Thursday. The company has a quick ratio of 0.54, a current ratio of 0.63 and a debt-to-equity ratio of 0.46. The firm has a market cap of $75.27 billion, a PE ratio of 25.96, a P/E/G ratio of 1.79 and a beta of 1.10. The company’s fifty day simple moving average is $75.35 and its 200 day simple moving average is $74.58. Canadian Pacific Kansas City Limited has a 12-month low of $66.49 and a 12-month high of $85.15.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings data on Wednesday, January 28th. The transportation company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.04). The company had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.85 billion. Canadian Pacific Kansas City had a net margin of 27.49% and a return on equity of 8.88%. Canadian Pacific Kansas City’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.29 EPS. As a group, sell-side analysts forecast that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Friday, March 27th will be issued a $0.228 dividend. The ex-dividend date is Friday, March 27th. This represents a $0.91 annualized dividend and a yield of 1.1%. Canadian Pacific Kansas City’s dividend payout ratio is presently 20.43%.

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.