Canadian Pacific Kansas City Limited $CP Shares Acquired by Cantillon Capital Management LLC

Cantillon Capital Management LLC lifted its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 0.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,207,858 shares of the transportation company’s stock after buying an additional 33,849 shares during the period. Cantillon Capital Management LLC’s holdings in Canadian Pacific Kansas City were worth $309,825,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Acadian Asset Management LLC purchased a new stake in Canadian Pacific Kansas City during the 1st quarter valued at about $35,000. Wealth Watch Advisors INC purchased a new position in Canadian Pacific Kansas City in the 3rd quarter worth approximately $36,000. Aventura Private Wealth LLC acquired a new position in shares of Canadian Pacific Kansas City during the 4th quarter worth approximately $37,000. McIlrath & Eck LLC boosted its holdings in shares of Canadian Pacific Kansas City by 475.3% during the 4th quarter. McIlrath & Eck LLC now owns 512 shares of the transportation company’s stock worth $38,000 after purchasing an additional 423 shares during the last quarter. Finally, Albion Financial Group UT grew its position in shares of Canadian Pacific Kansas City by 451.7% in the fourth quarter. Albion Financial Group UT now owns 640 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 524 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CP has been the subject of several recent research reports. Sanford C. Bernstein increased their price target on Canadian Pacific Kansas City from $85.41 to $90.00 and gave the company a “market perform” rating in a report on Tuesday, March 31st. Susquehanna restated a “positive” rating and issued a $104.00 target price on shares of Canadian Pacific Kansas City in a report on Friday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Canadian Pacific Kansas City in a research note on Friday, May 29th. Barclays set a $99.00 price target on shares of Canadian Pacific Kansas City and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, Citigroup raised their price objective on shares of Canadian Pacific Kansas City from $93.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $98.63.

Canadian Pacific Kansas City Trading Up 0.2%

Shares of Canadian Pacific Kansas City stock opened at $90.07 on Monday. The stock has a 50 day moving average of $84.36 and a 200 day moving average of $79.54. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.57 and a current ratio of 0.67. The firm has a market capitalization of $79.91 billion, a price-to-earnings ratio of 27.80, a PEG ratio of 1.92 and a beta of 1.09. Canadian Pacific Kansas City Limited has a fifty-two week low of $68.42 and a fifty-two week high of $91.50.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings results on Wednesday, April 29th. The transportation company reported $0.76 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.02). The business had revenue of $2.66 billion during the quarter, compared to analyst estimates of $2.70 billion. Canadian Pacific Kansas City had a net margin of 27.20% and a return on equity of 8.86%. The business’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same period last year, the company earned $1.06 EPS. As a group, research analysts predict that Canadian Pacific Kansas City Limited will post 3.76 earnings per share for the current year.

Canadian Pacific Kansas City Increases Dividend

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

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.