Vestmark Advisory Solutions Inc. Has $1.64 Million Stake in Canadian Pacific Kansas City Limited (NYSE:CP)

Vestmark Advisory Solutions Inc. boosted its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 750.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,701 shares of the transportation company’s stock after acquiring an additional 20,032 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Canadian Pacific Kansas City were worth $1,643,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC grew its stake in shares of Canadian Pacific Kansas City by 18.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 839 shares of the transportation company’s stock worth $60,000 after acquiring an additional 133 shares in the last quarter. Pinnacle Bancorp Inc. boosted its holdings in Canadian Pacific Kansas City by 13.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,250 shares of the transportation company’s stock worth $90,000 after purchasing an additional 150 shares during the last quarter. Wiser Advisor Group LLC increased its stake in Canadian Pacific Kansas City by 9.5% in the 4th quarter. Wiser Advisor Group LLC now owns 1,732 shares of the transportation company’s stock valued at $125,000 after buying an additional 150 shares during the last quarter. BKM Wealth Management LLC lifted its position in Canadian Pacific Kansas City by 2.2% during the 4th quarter. BKM Wealth Management LLC now owns 7,267 shares of the transportation company’s stock worth $526,000 after buying an additional 158 shares in the last quarter. Finally, Forte Capital LLC ADV boosted its stake in shares of Canadian Pacific Kansas City by 2.4% during the 3rd quarter. Forte Capital LLC ADV now owns 7,415 shares of the transportation company’s stock worth $634,000 after buying an additional 173 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Trading Down 0.9 %

Shares of CP stock opened at $77.69 on Friday. Canadian Pacific Kansas City Limited has a 12-month low of $70.89 and a 12-month high of $91.58. The firm has a 50 day moving average price of $76.81 and a two-hundred day moving average price of $78.49. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $72.54 billion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 2.00 and a beta of 0.98.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its quarterly earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. As a group, analysts predict that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current year.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be paid a $0.1318 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.53 annualized dividend and a dividend yield of 0.68%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 17.93%.

Analysts Set New Price Targets

A number of research firms recently issued reports on CP. StockNews.com downgraded Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research report on Wednesday, December 25th. Loop Capital cut Canadian Pacific Kansas City from a “buy” rating to a “sell” rating in a research note on Monday, February 3rd. Citigroup increased their price objective on Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Stifel Nicolaus lowered their target price on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating on the stock in a report on Thursday, January 16th. Finally, Benchmark reiterated a “hold” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, January 30th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $95.45.

Canadian Pacific Kansas City 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.