John Kenneth Brooks Sells 65,130 Shares of Canadian Pacific Kansas City (TSE:CP) Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider John Kenneth Brooks sold 65,130 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of C$122.24, for a total transaction of C$7,961,491.20.

Canadian Pacific Kansas City Stock Performance

CP opened at C$124.86 on Friday. Canadian Pacific Kansas City Limited has a 12-month low of C$96.50 and a 12-month high of C$126.66. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35. The firm has a market capitalization of C$110.84 billion, a PE ratio of 27.87, a P/E/G ratio of 2.32 and a beta of 1.18. The firm has a 50 day moving average of C$114.39 and a two-hundred day moving average of C$108.44.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. Canadian Pacific Kansas City had a net margin of 27.21% and a return on equity of 8.85%. The company had revenue of C$3.70 billion during the quarter. On average, analysts anticipate that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current year.

Canadian Pacific Kansas City Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. National Bank Financial raised their price target on shares of Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. Scotiabank lifted their target price on shares of Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the company a “hold” rating in a report on Thursday, April 9th. BMO Capital Markets lifted their target price on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a report on Thursday, February 19th. ATB Cormark Capital Markets lifted their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the company a “moderate buy” rating in a report on Friday, April 17th. Finally, Sanford C. Bernstein lifted their target price on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a report on Tuesday, March 31st. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Canadian Pacific Kansas City currently has a consensus 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.