HBK Investments L P grew its holdings in shares of Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) by 696.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,331 shares of the transportation company’s stock after acquiring an additional 33,521 shares during the quarter. HBK Investments L P’s holdings in Canadian Pacific Railway were worth $7,005,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of CP. Cerebellum GP LLC bought a new stake in Canadian Pacific Railway in the 4th quarter worth approximately $133,000. SeaCrest Wealth Management LLC bought a new stake in Canadian Pacific Railway in the 4th quarter worth approximately $180,000. Jones Collombin Investment Counsel Inc lifted its position in Canadian Pacific Railway by 46.7% in the 4th quarter. Jones Collombin Investment Counsel Inc now owns 1,012 shares of the transportation company’s stock worth $185,000 after buying an additional 322 shares during the last quarter. Financial Gravity Companies Inc. bought a new stake in Canadian Pacific Railway in the 4th quarter worth approximately $192,000. Finally, Boston Private Wealth LLC bought a new stake in Canadian Pacific Railway in the 3rd quarter worth approximately $203,000. Hedge funds and other institutional investors own 69.53% of the company’s stock.

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Canadian Pacific Railway Limited (NYSE CP) opened at $178.16 on Wednesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.64 and a quick ratio of 0.57. Canadian Pacific Railway Limited has a 12 month low of $143.20 and a 12 month high of $188.80. The company has a market capitalization of $25,964.05, a P/E ratio of 20.44, a price-to-earnings-growth ratio of 1.49 and a beta of 1.07.

Canadian Pacific Railway (NYSE:CP) (TSE:CP) last posted its earnings results on Thursday, January 18th. The transportation company reported $2.54 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.57 by ($0.03). Canadian Pacific Railway had a net margin of 36.88% and a return on equity of 29.96%. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.36 billion. equities analysts predict that Canadian Pacific Railway Limited will post 10.51 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Friday, March 23rd will be paid a dividend of $0.4473 per share. The ex-dividend date of this dividend is Thursday, March 22nd. This is a boost from Canadian Pacific Railway’s previous quarterly dividend of $0.44. This represents a $1.79 annualized dividend and a dividend yield of 1.00%. Canadian Pacific Railway’s payout ratio is 14.33%.

A number of equities analysts have commented on the company. Cowen lifted their price target on Canadian Pacific Railway from $184.00 to $207.00 and gave the stock an “outperform” rating in a research note on Friday, January 19th. Goldman Sachs Group raised Canadian Pacific Railway from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $176.72 to $213.00 in a research note on Tuesday, February 13th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a $200.00 price target (down from $209.00) on shares of Canadian Pacific Railway in a research note on Thursday, March 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and fifteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $194.13.

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Canadian Pacific Railway Company Profile

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The Company operates through rail transportation segment. The Company’s transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles.

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Institutional Ownership by Quarter for Canadian Pacific Railway (NYSE:CP)

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