Canadian Pacific Kansas City (TSE:CP) Insider Sells C$501,152.30 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Cassandra Quach sold 4,015 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of C$124.82, for a total transaction of C$501,152.30.

Canadian Pacific Kansas City Price Performance

TSE:CP opened at C$123.10 on Monday. The firm has a market capitalization of C$109.28 billion, a P/E ratio of 27.48, a PEG ratio of 2.32 and a beta of 1.18. Canadian Pacific Kansas City Limited has a 1-year low of C$96.50 and a 1-year high of C$126.66. The company’s fifty day moving average price is C$114.66 and its 200-day moving average price is C$108.61. The company has a debt-to-equity ratio of 52.35, a current ratio of 0.67 and a quick ratio of 0.42.

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

Canadian Pacific Kansas City Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts recently commented on CP shares. Scotiabank raised their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the company a “hold” rating in a research report on Thursday, April 9th. ATB Cormark Capital Markets raised their price target 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 research report on Friday, April 17th. TD raised their price target on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a “hold” rating in a research report on Monday, April 13th. Desjardins raised their price target on shares of Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Sanford C. Bernstein raised their price target on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research report on Tuesday, March 31st. Eight research analysts have rated the stock with 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 price target of C$123.07.

Canadian Pacific Kansas City Company Profile

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.