Dempze Nancy E Has $407,000 Stock Position in Canadian Pacific Kansas City Limited $CP

Dempze Nancy E boosted its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 27.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 5,134 shares of the transportation company’s stock after buying an additional 1,114 shares during the period. Dempze Nancy E’s holdings in Canadian Pacific Kansas City were worth $407,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. North Capital Inc. acquired a new position in Canadian Pacific Kansas City in the 1st quarter valued at about $27,000. Cornerstone Planning Group LLC grew its position in shares of Canadian Pacific Kansas City by 209.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 378 shares of the transportation company’s stock worth $28,000 after purchasing an additional 256 shares in the last quarter. Cheviot Value Management LLC acquired a new position in shares of Canadian Pacific Kansas City during the 1st quarter worth approximately $30,000. Hexagon Capital Partners LLC grew its position in shares of Canadian Pacific Kansas City by 49.5% during the 1st quarter. Hexagon Capital Partners LLC now owns 495 shares of the transportation company’s stock worth $35,000 after purchasing an additional 164 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of Canadian Pacific Kansas City during the 1st quarter worth approximately $35,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Stephens increased their target price on shares of Canadian Pacific Kansas City from $95.00 to $97.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Citigroup upped their price target on shares of Canadian Pacific Kansas City from $89.00 to $94.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. National Bankshares restated an “outperform” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, September 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Canadian Pacific Kansas City in a research note on Wednesday. Finally, Susquehanna dropped their price target on shares of Canadian Pacific Kansas City from $91.00 to $88.00 and set a “positive” rating for the company in a research note on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $91.85.

Canadian Pacific Kansas City Stock Down 0.1%

CP opened at $77.68 on Thursday. The firm has a market capitalization of $70.45 billion, a P/E ratio of 24.20, a PEG ratio of 2.18 and a beta of 1.08. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.93 and a quick ratio of 0.81. Canadian Pacific Kansas City Limited has a fifty-two week low of $66.49 and a fifty-two week high of $83.65. The company’s 50-day moving average is $75.25 and its 200 day moving average is $76.44.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings data on Wednesday, July 30th. The transportation company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). The company had revenue of $2.72 billion during the quarter, compared to the consensus estimate of $2.76 billion. Canadian Pacific Kansas City had a return on equity of 8.69% and a net margin of 28.05%.The business’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.05 EPS. Research analysts expect that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 27th. Shareholders of record on Friday, September 26th will be given a $0.1651 dividend. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.16. This represents a $0.66 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, September 26th. Canadian Pacific Kansas City’s payout ratio is presently 20.56%.

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.