James Dominic Luther Clements Sells 21,035 Shares of Canadian Pacific Kansas City (TSE:CP) Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider James Dominic Luther Clements sold 21,035 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of C$125.68, for a total value of C$2,643,678.80.

Canadian Pacific Kansas City Trading Up 0.1%

Shares of CP stock opened at C$125.88 on Wednesday. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67. Canadian Pacific Kansas City Limited has a 1 year low of C$96.50 and a 1 year high of C$127.17. The stock has a fifty day moving average of C$116.86 and a two-hundred day moving average of C$109.87. The firm has a market capitalization of C$111.75 billion, a PE ratio of 28.10, a price-to-earnings-growth ratio of 2.32 and a beta of 1.29.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced 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 return on equity of 8.78% and a net margin of 27.03%.The company had revenue of C$3.70 billion during the quarter. As a group, research analysts expect that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current year.

Canadian Pacific Kansas City Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. ATB Cormark Capital Markets upped their price objective on 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. JPMorgan Chase & Co. upped their price objective on Canadian Pacific Kansas City from C$120.00 to C$133.00 in a report on Thursday, April 30th. Royal Bank Of Canada cut their price objective on Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an “outperform” rating for the company in a report on Thursday, April 30th. BMO Capital Markets upped their price objective on Canadian Pacific Kansas City from C$126.00 to C$132.00 in a report on Thursday, February 19th. Finally, Raymond James Financial upped their price objective on Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and a consensus 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.