Quilter Plc Has $67.42 Million Position in Canadian Pacific Kansas City Limited $CP

Quilter Plc lifted its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 1.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 915,756 shares of the transportation company’s stock after purchasing an additional 8,786 shares during the period. Quilter Plc’s holdings in Canadian Pacific Kansas City were worth $67,421,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC acquired a new stake in Canadian Pacific Kansas City in the 2nd quarter valued at approximately $27,000. Caldwell Trust Co bought a new stake in shares of Canadian Pacific Kansas City in the third quarter valued at approximately $30,000. Acadian Asset Management LLC acquired a new stake in shares of Canadian Pacific Kansas City in the first quarter worth $35,000. Cornerstone Planning Group LLC grew its stake in shares of Canadian Pacific Kansas City by 205.5% in the third quarter. Cornerstone Planning Group LLC now owns 498 shares of the transportation company’s stock worth $36,000 after acquiring an additional 335 shares during the last quarter. Finally, Wealth Watch Advisors INC bought a new position in Canadian Pacific Kansas City during the third quarter worth $36,000. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Stock Performance

NYSE CP opened at $78.93 on Monday. Canadian Pacific Kansas City Limited has a twelve month low of $66.49 and a twelve month high of $89.42. The company has a quick ratio of 0.41, a current ratio of 0.49 and a debt-to-equity ratio of 0.43. The stock has a market cap of $70.82 billion, a P/E ratio of 24.44, a PEG ratio of 1.68 and a beta of 1.07. The company’s 50-day simple moving average is $81.18 and its 200 day simple moving average is $76.15.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings results on Wednesday, January 28th. The transportation company reported $0.95 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.04). The business had revenue of $2.85 billion for the quarter, compared to the consensus estimate of $2.85 billion. Canadian Pacific Kansas City had a return on equity of 8.91% and a net margin of 27.49%.The firm’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.29 EPS. As a group, research analysts forecast that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Friday, March 27th will be given a dividend of $0.228 per share. This represents a $0.91 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 20.74%.

Analysts Set New Price Targets

A number of analysts have weighed in on CP shares. Sanford C. Bernstein increased their price target on shares of Canadian Pacific Kansas City from $85.41 to $90.00 and gave the company a “market perform” rating in a report on Tuesday, March 31st. Barclays dropped their price objective on shares of Canadian Pacific Kansas City from $93.00 to $91.00 and set an “overweight” rating on the stock in a report on Friday, March 27th. Evercore reduced their target price on shares of Canadian Pacific Kansas City from $87.00 to $85.00 and set an “outperform” rating for the company in a research note on Thursday, January 29th. National Bank Financial downgraded Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 8th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $124.00 price target (down from $127.00) on shares of Canadian Pacific Kansas City in a research note on Thursday, January 29th. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and a consensus target price of $91.82.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.