Insider Selling: Canadian Pacific Kansas City (TSE:CP) Insider Sells C$184,094.20 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Pamela Lynne Arpin sold 1,385 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of C$132.92, for a total transaction of C$184,094.20. Following the transaction, the insider owned 4,578 shares in the company, valued at C$608,507.76. This represents a 23.23% decrease in their position.

Canadian Pacific Kansas City Stock Performance

Shares of TSE CP opened at C$131.40 on Thursday. The firm’s 50-day moving average price is C$127.20 and its 200-day moving average price is C$119.98. Canadian Pacific Kansas City Limited has a 52-week low of C$96.50 and a 52-week high of C$133.38. The company has a market cap of C$115.51 billion, a PE ratio of 30.56, a PEG ratio of 2.32 and a beta of 1.28. The company has a quick ratio of 0.42, a current ratio of 0.59 and a debt-to-equity ratio of 53.93.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its quarterly earnings data on Wednesday, July 29th. The company reported C$1.27 earnings per share for the quarter. The firm had revenue of C$4.16 billion during the quarter. Canadian Pacific Kansas City had a net margin of 25.04% and a return on equity of 8.35%. As a group, analysts anticipate that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current year.

Canadian Pacific Kansas City Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 27th were paid a dividend of $0.268 per share. The ex-dividend date was Friday, June 26th. This represents a $1.07 dividend on an annualized basis and a yield of 0.8%. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 22.14%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CP. National Bank Financial raised their price target on Canadian Pacific Kansas City from C$132.00 to C$140.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. TD upped their price objective on Canadian Pacific Kansas City from C$128.00 to C$134.00 and gave the company a “hold” rating in a research report on Thursday, July 30th. Barclays increased their target price on Canadian Pacific Kansas City from C$135.00 to C$145.00 in a report on Friday, June 26th. Stephens upgraded Canadian Pacific Kansas City to a “hold” rating in a research note on Wednesday, July 8th. Finally, Raymond James Financial upped their price target on shares of Canadian Pacific Kansas City from C$140.00 to C$144.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$134.36.

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.