John Kenneth Brooks Sells 65,130 Shares of Canadian Pacific Kansas City (TSE:CP) Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider John Kenneth Brooks sold 65,130 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of C$122.24, for a total value of C$7,961,491.20.

Canadian Pacific Kansas City Stock Up 1.4%

CP traded up C$1.71 on Wednesday, hitting C$124.77. 494,159 shares of the company were exchanged, compared to its average volume of 1,497,084. Canadian Pacific Kansas City Limited has a twelve month low of C$96.50 and a twelve month high of C$124.78. The company has a market cap of C$110.76 billion, a price-to-earnings ratio of 27.85, a price-to-earnings-growth ratio of 2.32 and a beta of 1.18. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35. The firm has a 50-day moving average price of C$113.82 and a two-hundred day moving average price of C$108.06.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its earnings results on Wednesday, April 29th. The company reported C$1.04 EPS for the quarter. Canadian Pacific Kansas City had a return on equity of 8.85% and a net margin of 27.21%.The firm had revenue of C$3.70 billion during the quarter. On average, equities analysts predict that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current year.

Canadian Pacific Kansas City Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 27th. Investors of record on Monday, April 27th were paid a dividend of $0.228 per share. This represents a $0.91 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, March 27th. Canadian Pacific Kansas City’s payout ratio is presently 20.36%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Raymond James Financial upped their price objective on Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. TD upped their price objective on Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the stock a “hold” rating in a research report on Monday, April 13th. BMO Capital Markets upped their price objective on Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th. JPMorgan Chase & Co. upped their price objective on Canadian Pacific Kansas City from C$120.00 to C$133.00 in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada lowered their price objective on Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an “outperform” rating for the company in a research report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$123.07.

About Canadian Pacific Kansas City

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.