Keith E. Creel Sells 59,925 Shares of Canadian Pacific Kansas City Limited (TSE:CP) Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer Keith E. Creel sold 59,925 shares of the company’s stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total transaction of C$7,162,691.43.

Canadian Pacific Kansas City Trading Down 0.0 %

Shares of TSE CP opened at C$118.55 on Friday. The company’s 50 day simple moving average is C$117.96 and its 200 day simple moving average is C$107.11. Canadian Pacific Kansas City Limited has a fifty-two week low of C$94.45 and a fifty-two week high of C$123.37. The firm has a market capitalization of C$110.55 billion, a P/E ratio of 28.16, a P/E/G ratio of 2.32 and a beta of 0.75. The company has a debt-to-equity ratio of 53.85, a current ratio of 0.53 and a quick ratio of 0.42.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its quarterly earnings data on Tuesday, January 30th. The company reported C$1.18 earnings per share for the quarter, beating the consensus estimate of C$1.12 by C$0.06. Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%. The business had revenue of C$3.78 billion for the quarter, compared to analyst estimates of C$3.66 billion. On average, analysts predict that Canadian Pacific Kansas City Limited will post 4.3864556 EPS for the current year.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, March 28th will be issued a $0.19 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $0.76 annualized dividend and a yield of 0.64%. Canadian Pacific Kansas City’s dividend payout ratio is currently 18.05%.

Wall Street Analysts Forecast Growth

CP has been the topic of several research analyst reports. BMO Capital Markets upped their price objective on shares of Canadian Pacific Kansas City from C$125.00 to C$133.00 in a research note on Monday, April 8th. Stephens upped their price objective on shares of Canadian Pacific Kansas City from C$78.00 to C$83.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 4th. TD Securities upped their price objective on shares of Canadian Pacific Kansas City from C$110.00 to C$115.00 and gave the stock a “hold” rating in a research note on Wednesday, January 31st. Sanford C. Bernstein upped their price objective on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the stock a “market perform” rating in a research note on Monday, February 5th. Finally, CIBC upped their target price on shares of Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 27th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$120.19.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.