Brokerages Set Canadian Pacific Kansas City Limited (TSE:CP) PT at C$125.86

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have been given an average rating of “Moderate Buy” by the twelve analysts that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$125.86.

Several research analysts have issued reports on CP shares. ATB Cormark Capital Markets upped their price objective on Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the stock a “moderate buy” rating in a report on Friday, April 17th. TD lifted their target price on 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. Scotiabank boosted their target price on Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the stock a “hold” rating in a research report on Thursday, April 9th. National Bank Financial upped their price target on Canadian Pacific Kansas City from C$125.00 to C$132.00 and gave the company an “outperform” rating in a research note on Friday, June 26th. Finally, Sanford C. Bernstein raised their price target on Canadian Pacific Kansas City from C$117.00 to C$125.00 in a report on Tuesday, March 31st.

Insider Activity at Canadian Pacific Kansas City

In other news, insider James Dominic Luther Clements sold 21,035 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of C$125.68, for a total value of C$2,643,678.80. Also, insider John Kenneth Brooks sold 65,130 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of C$122.24, for a total transaction of C$7,961,491.20. In the last quarter, insiders sold 99,515 shares of company stock worth $12,279,066. Insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Price Performance

Shares of TSE CP opened at C$122.96 on Monday. The firm’s 50-day simple moving average is C$120.76 and its 200 day simple moving average is C$112.33. The company has a market cap of C$109.16 billion, a price-to-earnings ratio of 27.45, a price-to-earnings-growth ratio of 2.32 and a beta of 1.29. The company has a quick ratio of 0.42, a current ratio of 0.67 and a debt-to-equity ratio of 52.35. Canadian Pacific Kansas City has a 12-month low of C$96.50 and a 12-month high of C$127.50.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings data on Wednesday, April 29th. The company reported C$1.04 EPS for the quarter. Canadian Pacific Kansas City had a net margin of 27.03% and a return on equity of 8.78%. The firm had revenue of C$3.70 billion for the quarter. On average, research analysts expect that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 27th will be given a dividend of $0.268 per share. This represents a $1.07 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, June 26th. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.36%.

Canadian Pacific Kansas City Company Profile

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.