Crossmark Global Holdings Inc. Purchases 987 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Crossmark Global Holdings Inc. boosted its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 2.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 41,616 shares of the transportation company’s stock after acquiring an additional 987 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Canadian Pacific Kansas City were worth $3,011,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in CP. Grove Bank & Trust grew its stake in shares of Canadian Pacific Kansas City by 56.0% in the 3rd quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock worth $31,000 after purchasing an additional 130 shares during the last quarter. Tower View Wealth Management LLC increased its holdings in shares of Canadian Pacific Kansas City by 0.3% in the third quarter. Tower View Wealth Management LLC now owns 51,550 shares of the transportation company’s stock valued at $4,410,000 after buying an additional 130 shares in the last quarter. Trust Co. of Vermont lifted its position in shares of Canadian Pacific Kansas City by 4.7% during the 3rd quarter. Trust Co. of Vermont now owns 3,037 shares of the transportation company’s stock valued at $260,000 after acquiring an additional 135 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in shares of Canadian Pacific Kansas City by 12.7% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 1,252 shares of the transportation company’s stock worth $107,000 after acquiring an additional 141 shares in the last quarter. Finally, Pinnacle Bancorp Inc. grew its holdings in shares of Canadian Pacific Kansas City by 13.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,250 shares of the transportation company’s stock worth $90,000 after acquiring an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Price Performance

Shares of CP stock opened at $78.51 on Thursday. Canadian Pacific Kansas City Limited has a 12 month low of $70.89 and a 12 month high of $91.58. The company has a market capitalization of $73.29 billion, a P/E ratio of 28.04, a P/E/G ratio of 1.92 and a beta of 0.96. The stock has a 50 day moving average of $74.66 and a two-hundred 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 earnings results on Wednesday, October 23rd. The transportation company reported $0.99 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.59 billion. During the same period last year, the business earned $0.69 earnings per share. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. As a group, equities analysts expect that Canadian Pacific Kansas City Limited will post 3 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CP shares. Stephens upgraded shares of Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $81.00 to $88.00 in a report on Monday, January 6th. Sanford C. Bernstein reduced their target price on Canadian Pacific Kansas City from $91.98 to $91.25 and set a “market perform” rating for the company in a report on Wednesday, October 9th. StockNews.com downgraded Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Wednesday, December 25th. Evercore ISI upped their price target on shares of Canadian Pacific Kansas City from $89.00 to $91.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 25th. Finally, Susquehanna reduced their price objective on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, Canadian Pacific Kansas City currently has a consensus rating of “Moderate Buy” and a consensus target price of $92.63.

About Canadian Pacific Kansas City

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.