Fiera Capital Corp Has $436.58 Million Holdings in Canadian Pacific Kansas City Limited $CP

Fiera Capital Corp grew its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 3.1% in the 3rd quarter, Holdings Channel reports. The firm owned 5,864,045 shares of the transportation company’s stock after acquiring an additional 178,661 shares during the quarter. Canadian Pacific Kansas City accounts for about 1.4% of Fiera Capital Corp’s portfolio, making the stock its 21st largest holding. Fiera Capital Corp’s holdings in Canadian Pacific Kansas City were worth $436,581,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Intech Investment Management LLC lifted its holdings in Canadian Pacific Kansas City by 16.0% in the first quarter. Intech Investment Management LLC now owns 21,276 shares of the transportation company’s stock valued at $1,493,000 after buying an additional 2,940 shares during the period. Acadian Asset Management LLC bought a new position in shares of Canadian Pacific Kansas City in the 1st quarter worth about $35,000. Sivia Capital Partners LLC acquired a new position in shares of Canadian Pacific Kansas City in the 2nd quarter valued at about $206,000. Harbour Investments Inc. lifted its stake in shares of Canadian Pacific Kansas City by 139.4% in the 2nd quarter. Harbour Investments Inc. now owns 2,212 shares of the transportation company’s stock valued at $175,000 after purchasing an additional 1,288 shares during the period. Finally, Stephens Inc. AR boosted its position in shares of Canadian Pacific Kansas City by 4.2% during the 2nd quarter. Stephens Inc. AR now owns 6,502 shares of the transportation company’s stock valued at $515,000 after purchasing an additional 265 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Canadian Pacific Kansas City Price Performance

Shares of NYSE CP opened at $84.66 on Friday. The stock has a market cap of $76.00 billion, a price-to-earnings ratio of 26.21, a PEG ratio of 1.78 and a beta of 1.10. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.54 and a current ratio of 0.63. Canadian Pacific Kansas City Limited has a fifty-two week low of $66.49 and a fifty-two week high of $85.15. The firm’s 50-day simple moving average is $75.54 and its 200 day simple moving average is $74.65.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings data on Wednesday, January 28th. The transportation company reported $0.95 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.04). Canadian Pacific Kansas City had a return on equity of 8.88% and a net margin of 27.49%.The company had revenue of $2.85 billion during the quarter, compared to analysts’ expectations of $2.85 billion. During the same period last year, the company earned $1.29 earnings per share. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. As a group, research analysts anticipate 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 business also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Friday, March 27th will be paid a dividend of $0.228 per share. 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 (DPR) is 20.43%.

Wall Street Analyst Weigh In

CP has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Canadian Pacific Kansas City in a report on Thursday, October 30th. Morgan Stanley upgraded shares of Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 8th. Barclays set a $93.00 target price on shares of Canadian Pacific Kansas City in a research note on Thursday, January 29th. Citigroup reduced their price target on shares of Canadian Pacific Kansas City from $88.00 to $86.00 and set a “buy” rating for the company in a report on Friday, January 30th. Finally, Wall Street Zen lowered shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Sunday, February 15th. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $92.00.

Canadian Pacific Kansas City Company Profile

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.