Insider Selling: Canadian Pacific Kansas City (TSE:CP) Insider Sells 3,645 Shares of Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Maeghan Dawn Albiston sold 3,645 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of C$126.61, for a total transaction of C$461,493.45.

Maeghan Dawn Albiston also recently made the following trade(s):

• On Thursday, May 28th, Maeghan Dawn Albiston sold 5,690 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$125.00, for a total transaction of C$711,250.00.

Canadian Pacific Kansas City Price Performance

TSE:CP traded down C$0.15 during mid-day trading on Thursday, hitting C$123.69. The company’s stock had a trading volume of 649,294 shares, compared to its average volume of 1,497,619. The company has a market capitalization of C$109.80 billion, a price-to-earnings ratio of 27.61, a P/E/G 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. Canadian Pacific Kansas City Limited has a fifty-two week low of C$96.50 and a fifty-two week high of C$126.95. The stock has a fifty day moving average of C$115.59 and a 200-day moving average of C$109.10.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. The business had revenue of C$3.70 billion during the quarter. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 27.03%. As a group, equities analysts forecast that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Desjardins boosted their price target on shares of Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Sanford C. Bernstein raised their price objective on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a report on Tuesday, March 31st. TD lifted their target price on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a “hold” rating in a research note on Monday, April 13th. Raymond James Financial increased their price target 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. Finally, Scotiabank raised their price target on Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the company a “hold” rating in a report on Thursday, April 9th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.