Advisor OS LLC decreased its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP – Free Report) (TSE:CP) by 41.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,584 shares of the transportation company’s stock after selling 2,521 shares during the period. Advisor OS LLC’s holdings in Canadian Pacific Kansas City were worth $259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently made changes to their positions in the company. Pinnacle Bancorp Inc. increased its stake in Canadian Pacific Kansas City by 13.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,250 shares of the transportation company’s stock worth $90,000 after buying an additional 150 shares during the period. BKM Wealth Management LLC raised its position in shares of Canadian Pacific Kansas City by 2.2% in the 4th quarter. BKM Wealth Management LLC now owns 7,267 shares of the transportation company’s stock worth $526,000 after acquiring an additional 158 shares in the last quarter. Forte Capital LLC ADV lifted its position in shares of Canadian Pacific Kansas City by 2.4% during the third quarter. Forte Capital LLC ADV now owns 7,415 shares of the transportation company’s stock valued at $634,000 after buying an additional 173 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Canadian Pacific Kansas City by 12.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,632 shares of the transportation company’s stock valued at $118,000 after acquiring an additional 175 shares in the last quarter. Finally, Kolinsky Wealth Management LLC boosted its position in shares of Canadian Pacific Kansas City by 3.9% in the 3rd quarter. Kolinsky Wealth Management LLC now owns 4,932 shares of the transportation company’s stock worth $422,000 after purchasing an additional 184 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.
Canadian Pacific Kansas City Trading Down 1.6 %
NYSE CP opened at $76.51 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. Canadian Pacific Kansas City Limited has a one year low of $70.89 and a one year high of $91.58. The firm has a market cap of $71.43 billion, a price-to-earnings ratio of 26.38, a PEG ratio of 2.00 and a beta of 0.97. The firm has a 50 day simple moving average of $76.35 and a 200-day simple moving average of $78.56.
Canadian Pacific Kansas City Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 28th will be paid a $0.1318 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.53 annualized dividend and a yield of 0.69%. Canadian Pacific Kansas City’s dividend payout ratio is currently 17.93%.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on CP. StockNews.com cut shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Wednesday, December 25th. Benchmark reissued a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday, January 30th. Barclays lowered their price target on Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Citigroup increased their price objective on shares of Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Finally, Susquehanna dropped their price objective on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a report on Wednesday, January 8th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $95.45.
Read Our Latest Stock Analysis on CP
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.
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