Canadian Pacific Kansas City Limited (NYSE:CP) Shares Acquired by Sustainable Insight Capital Management LLC

Sustainable Insight Capital Management LLC boosted its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 15.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,100 shares of the transportation company’s stock after purchasing an additional 800 shares during the quarter. Sustainable Insight Capital Management LLC’s holdings in Canadian Pacific Kansas City were worth $441,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. The Manufacturers Life Insurance Company boosted its position in shares of Canadian Pacific Kansas City by 1.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,568,212 shares of the transportation company’s stock valued at $909,721,000 after purchasing an additional 216,062 shares during the period. JPMorgan Chase & Co. lifted its position in Canadian Pacific Kansas City by 4.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,768,362 shares of the transportation company’s stock worth $750,046,000 after acquiring an additional 381,594 shares during the period. Franklin Resources Inc. grew its stake in shares of Canadian Pacific Kansas City by 9.7% in the 3rd quarter. Franklin Resources Inc. now owns 6,096,341 shares of the transportation company’s stock valued at $501,219,000 after purchasing an additional 537,418 shares during the last quarter. Fiera Capital Corp increased its holdings in shares of Canadian Pacific Kansas City by 1.9% in the third quarter. Fiera Capital Corp now owns 5,814,277 shares of the transportation company’s stock valued at $497,918,000 after purchasing an additional 107,183 shares during the period. Finally, Rothschild & Co Wealth Management UK Ltd raised its stake in shares of Canadian Pacific Kansas City by 1.7% during the fourth quarter. Rothschild & Co Wealth Management UK Ltd now owns 5,094,113 shares of the transportation company’s stock worth $368,661,000 after purchasing an additional 85,542 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Citigroup reduced their target price on shares of Canadian Pacific Kansas City from $98.00 to $91.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. Stifel Nicolaus cut their price objective on Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating for the company in a research report on Thursday, January 16th. Stephens raised Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $81.00 to $88.00 in a research note on Monday, January 6th. Wells Fargo & Company reduced their price objective on Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Finally, Wolfe Research upgraded shares of Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 target price for the company in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $92.63.

Canadian Pacific Kansas City Stock Up 2.1 %

Shares of NYSE CP opened at $80.08 on Friday. The stock has a fifty day moving average price of $74.71 and a 200 day moving average price of $79.10. The company has a market cap of $74.76 billion, a P/E ratio of 28.60, a P/E/G ratio of 1.99 and a beta of 0.96. 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 Limited has a 12-month low of $70.89 and a 12-month high of $91.58.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $0.99 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $3.59 billion. During the same quarter in the prior year, the firm earned $0.69 EPS. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. Research analysts anticipate that Canadian Pacific Kansas City Limited will post 3 EPS for the current fiscal year.

Canadian Pacific Kansas City Company 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.