Narwhal Capital Management Sells 6,490 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Narwhal Capital Management trimmed its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 6.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 87,867 shares of the transportation company’s stock after selling 6,490 shares during the period. Narwhal Capital Management’s holdings in Canadian Pacific Kansas City were worth $6,359,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Compass Wealth Management LLC boosted its holdings in Canadian Pacific Kansas City by 2.4% in the fourth quarter. Compass Wealth Management LLC now owns 58,317 shares of the transportation company’s stock worth $4,221,000 after purchasing an additional 1,372 shares in the last quarter. Geneos Wealth Management Inc. acquired a new stake in shares of Canadian Pacific Kansas City in the fourth quarter worth about $344,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Canadian Pacific Kansas City during the 4th quarter worth about $249,000. Sustainable Insight Capital Management LLC increased its holdings in shares of Canadian Pacific Kansas City by 15.1% during the 4th quarter. Sustainable Insight Capital Management LLC now owns 6,100 shares of the transportation company’s stock valued at $441,000 after acquiring an additional 800 shares during the last quarter. Finally, Cardinal Capital Management Inc. raised its stake in shares of Canadian Pacific Kansas City by 4.7% in the 4th quarter. Cardinal Capital Management Inc. now owns 1,247,403 shares of the transportation company’s stock valued at $90,115,000 after acquiring an additional 56,012 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Down 0.2 %

Shares of Canadian Pacific Kansas City stock opened at $79.86 on Monday. Canadian Pacific Kansas City Limited has a 52-week low of $70.89 and a 52-week high of $91.58. The firm has a market capitalization of $74.56 billion, a PE ratio of 28.52, a price-to-earnings-growth ratio of 2.01 and a beta of 0.96. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46. The company’s fifty day moving average price is $74.91 and its two-hundred day moving average price is $79.11.

Analyst Ratings Changes

CP has been the topic of a number of recent analyst reports. Barclays dropped their price target on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Stifel Nicolaus dropped their target price on shares of 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 downgraded Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research report on Wednesday, December 25th. Bank of America cut their price objective on Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. Finally, Wolfe Research raised 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. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and a consensus price target of $92.63.

About Canadian Pacific Kansas City

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.