Roxbury Financial LLC Invests $89,000 in Canadian Pacific Kansas City Limited (NYSE:CP)

Roxbury Financial LLC purchased a new position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,164 shares of the transportation company’s stock, valued at approximately $89,000.

Several other institutional investors have also modified their holdings of CP. CWM LLC boosted its stake in shares of Canadian Pacific Kansas City by 5.0% during the 3rd quarter. CWM LLC now owns 7,425 shares of the transportation company’s stock worth $635,000 after acquiring an additional 352 shares in the last quarter. Creative Planning lifted its stake in Canadian Pacific Kansas City by 9.6% in the 3rd quarter. Creative Planning now owns 143,058 shares of the transportation company’s stock valued at $12,237,000 after buying an additional 12,558 shares in the last quarter. Vontobel Holding Ltd. lifted its stake in Canadian Pacific Kansas City by 13.9% in the 3rd quarter. Vontobel Holding Ltd. now owns 5,227 shares of the transportation company’s stock valued at $447,000 after buying an additional 639 shares in the last quarter. Trust Co. of Vermont lifted its stake in Canadian Pacific Kansas City by 4.7% in the 3rd quarter. Trust Co. of Vermont now owns 3,037 shares of the transportation company’s stock valued at $260,000 after buying an additional 135 shares in the last quarter. Finally, Net Worth Advisory Group purchased a new stake in Canadian Pacific Kansas City in the 3rd quarter valued at approximately $259,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CP. Loop Capital lowered Canadian Pacific Kansas City from a “buy” rating to a “sell” rating in a research note on Monday, February 3rd. Royal Bank of Canada upped their target price on Canadian Pacific Kansas City from $124.00 to $128.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. StockNews.com lowered Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research note on Wednesday, December 25th. Benchmark reiterated a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday, January 30th. Finally, Stephens boosted their price target on Canadian Pacific Kansas City from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $95.45.

Canadian Pacific Kansas City Trading Down 1.0 %

CP stock opened at $77.53 on Friday. The company has a market cap of $72.38 billion, a price-to-earnings ratio of 26.73, a PEG ratio of 2.02 and a beta of 0.97. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. The business has a fifty day simple moving average of $75.74 and a 200-day simple moving average of $78.66. 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 released its quarterly earnings data on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. On average, equities research analysts expect that Canadian Pacific Kansas City Limited will post 3.4 EPS for the current year.

Canadian Pacific Kansas City Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be issued a $0.1318 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.53 annualized dividend and a yield of 0.68%. Canadian Pacific Kansas City’s dividend payout ratio is currently 18.62%.

Canadian Pacific Kansas City 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.