Insider Selling: Canadian Pacific Kansas City (TSE:CP) Insider Sells 5,690 Shares of Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Maeghan Dawn Albiston sold 5,690 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of C$125.00, for a total value of C$711,250.00.

Canadian Pacific Kansas City Stock Down 0.7%

CP stock traded down C$0.89 during trading on Friday, reaching C$123.97. 567,343 shares of the company traded hands, compared to its average volume of 1,492,915. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67. The company has a market capitalization of C$110.05 billion, a price-to-earnings ratio of 27.67, a price-to-earnings-growth ratio of 2.32 and a beta of 1.18. The business has a 50 day simple moving average of C$114.39 and a 200 day simple moving average of C$108.44. Canadian Pacific Kansas City Limited has a 12 month low of C$96.50 and a 12 month high of C$126.66.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share 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 8.85% and a net margin of 27.21%. On average, equities research analysts anticipate that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 27th were issued a $0.228 dividend. 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 dividend payout ratio (DPR) is currently 20.36%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Raymond James Financial lifted their target price on Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Sanford C. Bernstein boosted their price objective on Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research report on Tuesday, March 31st. Citigroup dropped their price target on Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Royal Bank Of Canada dropped their price target 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. Finally, Scotiabank boosted their price objective on Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the stock a “hold” rating in a research note on Thursday, April 9th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently 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.