Maeghan Dawn Albiston Sells 2,900 Shares of Canadian Pacific Kansas City Limited (TSE:CP) Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer Maeghan Dawn Albiston sold 2,900 shares of Canadian Pacific Kansas City stock in a transaction dated Monday, December 16th. The shares were sold at an average price of C$106.10, for a total value of C$307,694.64.

Canadian Pacific Kansas City Trading Up 0.2 %

Shares of CP opened at C$105.43 on Thursday. The stock has a market capitalization of C$98.38 billion, a PE ratio of 28.27, a P/E/G ratio of 2.32 and a beta of 0.79. The company’s fifty day moving average is C$107.76 and its 200 day moving average is C$109.67. The company has a debt-to-equity ratio of 50.47, a quick ratio of 0.42 and a current ratio of 0.51. Canadian Pacific Kansas City Limited has a fifty-two week low of C$101.76 and a fifty-two week high of C$123.37.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Monday, January 27th will be issued a $0.19 dividend. The ex-dividend date is Friday, December 27th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.72%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 20.38%.

Analyst Upgrades and Downgrades

CP has been the topic of several analyst reports. Citigroup set a C$97.00 price target on shares of Canadian Pacific Kansas City and gave the company a “buy” rating in a report on Wednesday, October 9th. ATB Capital upped their target price on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Barclays increased their price target on Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the stock a “buy” rating in a research note on Wednesday, September 25th. National Bankshares boosted their price objective on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. Finally, Desjardins cut their target price on Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$121.43.

Canadian Pacific Kansas City Company 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.