Canadian Pacific Kansas City (TSE:CP) Insider Sells C$2,643,678.80 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider James Dominic Luther Clements sold 21,035 shares of Canadian Pacific Kansas City stock in a transaction on Friday, June 5th. The shares were sold at an average price of C$125.68, for a total value of C$2,643,678.80.

Canadian Pacific Kansas City Stock Performance

Shares of TSE:CP traded up C$1.18 during midday trading on Monday, reaching C$126.57. 392,314 shares of the company traded hands, compared to its average volume of 1,486,734. The firm’s fifty day moving average price is C$116.19 and its two-hundred day moving average price is C$109.47. The firm has a market capitalization of C$112.36 billion, a price-to-earnings ratio of 28.25, a price-to-earnings-growth ratio of 2.32 and a beta of 1.29. The company has a quick ratio of 0.42, a current ratio of 0.67 and a debt-to-equity ratio of 52.35. Canadian Pacific Kansas City Limited has a 12 month low of C$96.50 and a 12 month high of C$127.17.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 27.03%.The business had revenue of C$3.70 billion during the quarter. On average, equities analysts expect that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current year.

Canadian Pacific Kansas City Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 27th. Investors of record on Monday, April 27th were issued a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio is 20.36%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$133.00 in a report on Thursday, April 30th. Desjardins raised their price target on Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Sanford C. Bernstein lifted their price target on Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research report on Tuesday, March 31st. Raymond James Financial boosted their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Finally, TD lifted their price objective on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the stock a “hold” rating in a report on Monday, April 13th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and a consensus price target of C$123.07.

About Canadian Pacific Kansas City

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.