Compass Wealth Management LLC Buys 1,372 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Compass Wealth Management LLC raised its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,317 shares of the transportation company’s stock after acquiring an additional 1,372 shares during the period. Compass Wealth Management LLC’s holdings in Canadian Pacific Kansas City were worth $4,221,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. AE Wealth Management LLC purchased a new position in shares of Canadian Pacific Kansas City during the second quarter valued at approximately $217,000. AXA S.A. lifted its stake in shares of Canadian Pacific Kansas City by 25.9% during the 2nd quarter. AXA S.A. now owns 245,765 shares of the transportation company’s stock worth $19,349,000 after acquiring an additional 50,607 shares during the last quarter. APG Asset Management N.V. boosted its holdings in Canadian Pacific Kansas City by 10.5% during the 2nd quarter. APG Asset Management N.V. now owns 909,571 shares of the transportation company’s stock valued at $66,822,000 after acquiring an additional 86,481 shares during the period. MBB Public Markets I LLC grew its position in Canadian Pacific Kansas City by 46.3% in the 2nd quarter. MBB Public Markets I LLC now owns 212,100 shares of the transportation company’s stock valued at $16,699,000 after acquiring an additional 67,100 shares during the last quarter. Finally, Marathon Capital Management purchased a new stake in Canadian Pacific Kansas City in the second quarter worth $229,000. 72.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CP has been the subject of a number of recent analyst reports. Wells Fargo & Company lowered their target price on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Benchmark restated a “hold” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, October 24th. Citigroup decreased their price target on shares of Canadian Pacific Kansas City from $98.00 to $91.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. Sanford C. Bernstein cut their price target on Canadian Pacific Kansas City from $91.98 to $91.25 and set a “market perform” rating on the stock in a research note on Wednesday, October 9th. Finally, Bank of America cut their price objective on shares of Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating on the stock in a report on Thursday, October 24th. One analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and a consensus target price of $92.63.

Canadian Pacific Kansas City Stock Performance

CP opened at $79.86 on Friday. The firm’s 50-day moving average price is $74.91 and its 200-day moving average price is $79.10. The company has a market cap of $74.56 billion, a P/E ratio of 28.52, a price-to-earnings-growth ratio of 2.01 and a beta of 0.96. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. Canadian Pacific Kansas City Limited has a 52-week low of $70.89 and a 52-week high of $91.58.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $0.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.02). The company had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.59 billion. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 24.50%. The company’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.69 EPS. As a group, equities analysts anticipate that Canadian Pacific Kansas City Limited will post 3 EPS for the current fiscal year.

Canadian Pacific Kansas City Company Profile

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.