Financiere des Professionnels Fonds d investissement inc. Has $2.23 Million Stock Position in Canadian Pacific Kansas City Limited $CP

Financiere des Professionnels Fonds d investissement inc. reduced its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 72.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 30,281 shares of the transportation company’s stock after selling 80,844 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in Canadian Pacific Kansas City were worth $2,230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Rothschild & Co Wealth Management UK Ltd lifted its stake in shares of Canadian Pacific Kansas City by 0.9% in the fourth quarter. Rothschild & Co Wealth Management UK Ltd now owns 5,353,188 shares of the transportation company’s stock worth $394,156,000 after acquiring an additional 48,258 shares during the period. Templeton & Phillips Capital Management LLC lifted its stake in shares of Canadian Pacific Kansas City by 100.0% in the third quarter. Templeton & Phillips Capital Management LLC now owns 28,660 shares of the transportation company’s stock worth $2,135,000 after acquiring an additional 14,330 shares during the period. Fiera Capital Corp lifted its stake in shares of Canadian Pacific Kansas City by 3.1% in the third quarter. Fiera Capital Corp now owns 5,864,045 shares of the transportation company’s stock worth $436,581,000 after acquiring an additional 178,661 shares during the period. Thornburg Investment Management Inc. lifted its stake in shares of Canadian Pacific Kansas City by 12.2% in the third quarter. Thornburg Investment Management Inc. now owns 2,295,096 shares of the transportation company’s stock worth $170,962,000 after acquiring an additional 250,341 shares during the period. Finally, Cardinal Capital Management Inc. lifted its stake in shares of Canadian Pacific Kansas City by 3.7% in the fourth quarter. Cardinal Capital Management Inc. now owns 1,549,556 shares of the transportation company’s stock worth $114,094,000 after acquiring an additional 55,423 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Stock Down 0.6%

Canadian Pacific Kansas City stock opened at $89.63 on Thursday. The company has a quick ratio of 0.57, a current ratio of 0.67 and a debt-to-equity ratio of 0.46. Canadian Pacific Kansas City Limited has a 12-month low of $68.42 and a 12-month high of $91.50. The firm’s fifty day moving average is $85.07 and its 200 day moving average is $79.98. The company has a market capitalization of $79.51 billion, a PE ratio of 27.66, a PEG ratio of 1.93 and a beta of 1.09.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its earnings results on Wednesday, April 29th. The transportation company reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the previous year, the firm earned $1.06 EPS. The firm’s revenue was down 2.5% on a year-over-year basis. As a group, sell-side analysts predict that Canadian Pacific Kansas City Limited will post 3.76 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

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

Analyst Upgrades and Downgrades

CP has been the topic of a number of recent analyst reports. Royal Bank Of Canada cut their price objective on 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. Barclays set a $99.00 price target on Canadian Pacific Kansas City and gave the stock an “overweight” rating in a report on Thursday, April 30th. Scotiabank downgraded Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 9th. Canadian Imperial Bank of Commerce set a $140.00 price target on Canadian Pacific Kansas City in a report on Tuesday. Finally, Citigroup increased their price target on Canadian Pacific Kansas City from $93.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $103.22.

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.