Canadian Pacific Kansas City (TSE:CP) Stock: Insider Nadeem Velani Sells 1,500 Shares

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Nadeem Velani sold 1,500 shares of Canadian Pacific Kansas City stock in a transaction on Tuesday, November 3rd. The shares were sold at an average price of C$128.25, for a total value of C$192,375.00.

Nadeem Velani also recently made the following trade(s):

• On Monday, November 2nd, Nadeem Velani sold 1,925 shares of Canadian Pacific Kansas City stock. The stock was sold at an average price of C$127.75, for a total transaction of C$245,918.75.
• On Wednesday, November 4th, Nadeem Velani sold 8,880 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$131.75, for a total value of C$1,169,940.00.
• On Wednesday, November 4th, Nadeem Velani sold 4,682 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$131.80, for a total value of C$617,087.60.

Canadian Pacific Kansas City Stock Down 1.1%

CP stock opened at C$129.97 on Friday. The company has a debt-to-equity ratio of 56.46, a quick ratio of 0.42 and a current ratio of 0.52. Canadian Pacific Kansas City Limited has a one year low of C$96.50 and a one year high of C$133.54. The company has a fifty day moving average of C$124.30 and a 200-day moving average of C$120.07. The stock has a market capitalization of C$113.02 billion, a PE ratio of 30.02, a price-to-earnings-growth ratio of 2.32 and a beta of 1.38.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its quarterly earnings results on Wednesday, October 28th. The company reported C$1.28 earnings per share (EPS) for the quarter. Canadian Pacific Kansas City had a net margin of 24.14% and a return on equity of 8.37%. The company had revenue of C$4.22 billion during the quarter. As a group, analysts expect that Canadian Pacific Kansas City Limited will post 4.34 EPS for the current year.

Canadian Pacific Kansas City Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, October 26th. Stockholders of record on Monday, October 26th were given a $0.2680 dividend. This represents a $1.07 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, September 25th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 22.91%.

Canadian Pacific Kansas City News Summary

Here are the key news stories impacting Canadian Pacific Kansas City this week:

• Positive Sentiment: A report says record grain volumes have strengthened CPKC’s investment story, suggesting solid freight activity. The article does not provide volume figures or quantify the financial impact. How Record Grain Volumes At Canadian Pacific Kansas City Have Changed Its Investment Story
• Neutral Sentiment: Several reports point to an investor checkpoint or company appearance on November 17. These events could give investors an opportunity to hear updates, but no specific announcements or agenda are reported. Canadian Pacific Kansas City stock sets November 17 investor checkpoint Canadian Pacific Kansas City stock sets investor focus on November 17
• Negative Sentiment: Insider Nadeem Velani reported multiple share sales dated November 2–4. One report says his holdings fell 65.48%, leaving him with 4,682 shares. The sales could pressure sentiment, though insider transactions alone do not indicate a deterioration in CPKC’s business outlook. Canadian Pacific Kansas City insider Nadeem Velani sells shares

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CP. JPMorgan Chase & Co. raised their price objective on shares of Canadian Pacific Kansas City from C$135.00 to C$153.00 in a research note on Thursday, July 30th. Raymond James Financial set a C$144.00 target price on shares of Canadian Pacific Kansas City and gave the stock an “outperform” rating in a research note on Monday, October 19th. Stifel Nicolaus set a C$150.00 price objective on shares of Canadian Pacific Kansas City and gave the stock a “buy” rating in a research note on Tuesday, October 27th. Citigroup lifted their target price on Canadian Pacific Kansas City from C$102.00 to C$106.00 and gave the stock a “buy” rating in a research report on Thursday, October 29th. Finally, Canadian Imperial Bank of Commerce boosted their target price on shares of Canadian Pacific Kansas City from C$143.00 to C$150.00 and gave the company an “outperform” rating in a research note on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$139.00.

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.