Canadian Pacific Kansas City Limited (NYSE:CP) Shares Acquired by Inspire Investing LLC

Inspire Investing LLC boosted its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 12.1% during the 4th quarter, Holdings Channel reports. The fund owned 11,926 shares of the transportation company’s stock after acquiring an additional 1,286 shares during the quarter. Inspire Investing LLC’s holdings in Canadian Pacific Kansas City were worth $863,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the business. Grove Bank & Trust grew its stake in shares of Canadian Pacific Kansas City by 56.0% in the third quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock worth $31,000 after purchasing an additional 130 shares in the last quarter. Addison Advisors LLC lifted its holdings in Canadian Pacific Kansas City by 246.9% in the third quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock worth $34,000 after purchasing an additional 279 shares during the period. FSA Wealth Management LLC bought a new position in Canadian Pacific Kansas City in the 3rd quarter valued at about $34,000. Asset Dedication LLC acquired a new position in Canadian Pacific Kansas City during the 3rd quarter valued at about $38,000. Finally, Kennebec Savings Bank bought a new stake in Canadian Pacific Kansas City during the third quarter worth approximately $42,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Stock Performance

NYSE:CP opened at $80.08 on Friday. The stock has a market capitalization of $74.76 billion, a P/E ratio of 28.60, a price-to-earnings-growth ratio of 1.99 and a beta of 0.96. Canadian Pacific Kansas City Limited has a 1 year low of $70.89 and a 1 year high of $91.58. The firm has a 50 day moving average of $74.71 and a 200-day moving average of $79.10. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $0.99 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.02). Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 24.50%. The company had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3.59 billion. During the same period in the prior year, the company earned $0.69 EPS. The firm’s revenue was up 6.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Canadian Pacific Kansas City Limited will post 3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on CP shares. Bank of America lowered their price target on Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. Wells Fargo & Company dropped their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Barclays reduced their price objective on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. StockNews.com downgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Wednesday, December 25th. Finally, Stephens raised shares of Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $81.00 to $88.00 in a research note on Monday, January 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, Canadian Pacific Kansas City has a consensus rating of “Moderate Buy” and a consensus target price of $92.63.

Canadian Pacific Kansas City Company 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.