Insider Selling: Canadian Pacific Kansas City (TSE:CP) Insider Sells C$711,250.00 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Maeghan Dawn Albiston sold 5,690 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of C$125.00, for a total transaction of C$711,250.00.

Canadian Pacific Kansas City Price Performance

Canadian Pacific Kansas City stock opened at C$123.10 on Monday. 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 has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67. The firm has a 50 day moving average price of C$114.66 and a 200 day moving average price of C$108.61. The company has a market cap of C$109.28 billion, a price-to-earnings ratio of 27.48, a PEG ratio of 2.32 and a beta of 1.18.

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 for the quarter. The company 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%. Sell-side analysts predict that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current year.

Canadian Pacific Kansas City Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. TD lifted 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 report on Monday, April 13th. Sanford C. Bernstein increased their price objective on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research report on Tuesday, March 31st. ATB Cormark Capital Markets increased their price objective on shares of Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the stock a “moderate buy” rating in a research report on Friday, April 17th. BMO Capital Markets increased their price objective on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th. Finally, Raymond James Financial increased their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.