U.S. Capital Wealth Advisors LLC Reduces Position in Canadian Pacific Kansas City Limited (NYSE:CP)

U.S. Capital Wealth Advisors LLC decreased its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 34.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 15,259 shares of the transportation company’s stock after selling 7,883 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Canadian Pacific Kansas City were worth $1,104,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Golden State Equity Partners boosted its holdings in shares of Canadian Pacific Kansas City by 19,739.1% during the fourth quarter. Golden State Equity Partners now owns 4,563 shares of the transportation company’s stock worth $330,000 after purchasing an additional 4,540 shares during the last quarter. Spire Wealth Management acquired a new stake in shares of Canadian Pacific Kansas City during the fourth quarter worth $44,000. Capital Insight Partners LLC boosted its holdings in shares of Canadian Pacific Kansas City by 7.7% during the fourth quarter. Capital Insight Partners LLC now owns 40,557 shares of the transportation company’s stock worth $2,935,000 after purchasing an additional 2,899 shares during the last quarter. Independence Bank of Kentucky boosted its holdings in shares of Canadian Pacific Kansas City by 225.9% during the fourth quarter. Independence Bank of Kentucky now owns 8,554 shares of the transportation company’s stock worth $619,000 after purchasing an additional 5,929 shares during the last quarter. Finally, Waldron Private Wealth LLC boosted its holdings in shares of Canadian Pacific Kansas City by 93.4% during the fourth quarter. Waldron Private Wealth LLC now owns 21,128 shares of the transportation company’s stock worth $1,529,000 after purchasing an additional 10,202 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Canadian Pacific Kansas City Stock Up 3.1 %

Shares of NYSE CP opened at $77.10 on Wednesday. Canadian Pacific Kansas City Limited has a 1 year low of $70.89 and a 1 year high of $91.58. The firm has a market cap of $71.98 billion, a price-to-earnings ratio of 26.58, a PEG ratio of 2.06 and a beta of 0.97. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. The stock’s 50-day simple moving average is $75.36 and its 200-day simple moving average is $78.89.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share (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%. As a group, equities analysts anticipate that Canadian Pacific Kansas City Limited will post 3.39 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently disclosed 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. This represents a $0.53 annualized dividend and a yield of 0.68%. The ex-dividend date is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio is currently 18.62%.

Analysts Set New Price Targets

CP has been the topic of a number of research analyst reports. Wells Fargo & Company reduced their target price on Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Loop Capital cut Canadian Pacific Kansas City from a “buy” rating to a “sell” rating in a report on Monday. Stifel Nicolaus reduced their target price on Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating on the stock in a report on Thursday, January 16th. StockNews.com cut Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Wednesday, December 25th. Finally, Wolfe Research upgraded Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 target price on the stock in a report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $95.45.

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.