Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells C$1,664,359.45 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer James Dominic Luther Clements sold 15,657 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of C$106.30, for a total transaction of C$1,664,359.45.

Canadian Pacific Kansas City Price Performance

Shares of TSE CP opened at C$103.80 on Friday. The company has a debt-to-equity ratio of 50.47, a current ratio of 0.51 and a quick ratio of 0.42. The company has a market cap of C$96.86 billion, a price-to-earnings ratio of 27.83, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The stock’s 50-day moving average is C$107.46 and its two-hundred day moving average is C$109.64. Canadian Pacific Kansas City Limited has a 1-year low of C$101.76 and a 1-year high of C$123.37.

Canadian Pacific Kansas City Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Monday, January 27th will be paid a $0.19 dividend. The ex-dividend date is Friday, December 27th. This represents a $0.76 dividend on an annualized basis and a yield of 0.73%. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.38%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on CP shares. Citigroup set a C$97.00 price objective on Canadian Pacific Kansas City and gave the stock a “buy” rating in a research report on Wednesday, October 9th. Barclays raised their price objective on Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. ATB Capital upped their target price on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. lifted their price target on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the company an “overweight” rating in a research report on Tuesday, October 8th. Finally, Desjardins lowered their price objective on shares of 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 given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average 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.