288,662 Canadian Pacific Kansas City Limited $CP Shares Acquired by Calamos Advisors LLC

Calamos Advisors LLC raised its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 379.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 364,799 shares of the transportation company’s stock after buying an additional 288,662 shares during the period. Calamos Advisors LLC’s holdings in Canadian Pacific Kansas City were worth $31,044,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC lifted its stake in shares of Canadian Pacific Kansas City by 3.8% in the 2nd quarter. GAMMA Investing LLC now owns 3,511 shares of the transportation company’s stock valued at $304,000 after acquiring an additional 130 shares during the last quarter. First Eagle Investment Management LLC increased its stake in Canadian Pacific Kansas City by 4.0% in the 2nd quarter. First Eagle Investment Management LLC now owns 3,516 shares of the transportation company’s stock worth $305,000 after purchasing an additional 134 shares during the period. Foster Group Inc. lifted its position in Canadian Pacific Kansas City by 3.3% in the second quarter. Foster Group Inc. now owns 4,279 shares of the transportation company’s stock valued at $371,000 after purchasing an additional 137 shares during the last quarter. MGO One Seven LLC lifted its position in Canadian Pacific Kansas City by 1.4% in the third quarter. MGO One Seven LLC now owns 10,376 shares of the transportation company’s stock valued at $883,000 after purchasing an additional 141 shares during the last quarter. Finally, Modern Wealth Management LLC boosted its stake in shares of Canadian Pacific Kansas City by 1.2% during the first quarter. Modern Wealth Management LLC now owns 12,170 shares of the transportation company’s stock valued at $950,000 after purchasing an additional 142 shares during the period. 72.20% of the stock is owned by institutional investors.

Canadian Pacific Kansas City Trading Down 1.8%

CP stock traded down $1.70 on Friday, reaching $92.06. The company’s stock had a trading volume of 2,165,949 shares, compared to its average volume of 2,313,588. The firm has a market cap of $80.05 billion, a PE ratio of 29.51, a PEG ratio of 1.93 and a beta of 1.06. The business has a fifty day simple moving average of $88.52 and a two-hundred day simple moving average of $86.43. Canadian Pacific Kansas City Limited has a 12-month low of $68.50 and a 12-month high of $96.90. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.44 and a current ratio of 0.52.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings data on Wednesday, October 28th. The transportation company reported $0.91 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.03). Canadian Pacific Kansas City had a return on equity of 9.27% and a net margin of 24.14%. The company had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter last year, the company posted $1.10 earnings per share. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. As a group, research analysts forecast that Canadian Pacific Kansas City Limited will post 3.67 EPS for the current year.

Canadian Pacific Kansas City Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 25th. Investors of record on Thursday, December 31st will be given a dividend of C$0.27 per share. The ex-dividend date is Thursday, December 31st. This represents a $1.07 annualized dividend and a dividend yield of 1.2%. Canadian Pacific Kansas City’s payout ratio is currently 24.68%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on CP shares. Evercore restated an “outperform” rating and issued a $96.00 target price on shares of Canadian Pacific Kansas City in a report on Thursday, October 29th. Zacks Research cut shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 26th. Citizens Jmp started coverage on shares of Canadian Pacific Kansas City in a report on Wednesday, July 15th. They set a “market perform” rating for the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, September 24th. Finally, Barclays set a $104.00 price target on Canadian Pacific Kansas City and gave the company an “overweight” rating in a report on Thursday, October 29th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $112.58.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City Limited (NYSE: CP), known as CPKC, operates a transcontinental freight railway. Its network connects Canada, the United States and Mexico, providing rail transportation and related logistics services for businesses across North America.

CPKC carries a range of goods, including grain and other agricultural products, intermodal freight, automotive shipments, energy products, chemicals, forest products and industrial materials. Its services include rail freight transportation, intermodal shipping and logistics solutions.

The company was formed in April 2023 through the combination of Canadian Pacific Railway and Kansas City Southern.