Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Maeghan Dawn Albiston Sells 2,900 Shares

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer Maeghan Dawn Albiston sold 2,900 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of C$106.10, for a total transaction of C$307,694.64.

Canadian Pacific Kansas City Price Performance

Canadian Pacific Kansas City stock opened at C$105.19 on Wednesday. The business has a 50 day simple moving average of C$107.88 and a 200 day simple moving average of C$109.70. Canadian Pacific Kansas City Limited has a one year low of C$101.26 and a one year high of C$123.37. The company has a market capitalization of C$98.15 billion, a PE ratio of 28.20, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The company has a debt-to-equity ratio of 50.47, a current ratio of 0.51 and a quick ratio of 0.42.

Canadian Pacific Kansas City Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Monday, January 27th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City’s payout ratio is 20.38%.

Analyst Upgrades and Downgrades

CP has been the topic of several recent analyst reports. Citigroup set a C$97.00 target price on shares of Canadian Pacific Kansas City and gave the stock a “buy” rating in a report on Wednesday, October 9th. National Bankshares boosted their price objective on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Susquehanna raised Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 24th. ATB Capital increased their price objective on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, Barclays boosted their target price on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Canadian Pacific Kansas City currently has an average rating of “Moderate Buy” and a consensus target price of C$121.43.

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.