Rothschild Investment LLC Sells 217 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Rothschild Investment LLC lessened its position in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 8.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,239 shares of the transportation company’s stock after selling 217 shares during the period. Rothschild Investment LLC’s holdings in Canadian Pacific Kansas City were worth $157,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its holdings in shares of Canadian Pacific Kansas City by 18.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 839 shares of the transportation company’s stock worth $60,000 after buying an additional 133 shares in the last quarter. Wiser Advisor Group LLC increased its holdings in shares of Canadian Pacific Kansas City by 9.5% during the fourth quarter. Wiser Advisor Group LLC now owns 1,732 shares of the transportation company’s stock worth $125,000 after buying an additional 150 shares in the last quarter. Advisory Services Network LLC increased its holdings in shares of Canadian Pacific Kansas City by 2.2% during the fourth quarter. Advisory Services Network LLC now owns 7,194 shares of the transportation company’s stock worth $521,000 after buying an additional 152 shares in the last quarter. Transatlantique Private Wealth LLC increased its holdings in shares of Canadian Pacific Kansas City by 1.6% during the fourth quarter. Transatlantique Private Wealth LLC now owns 10,066 shares of the transportation company’s stock worth $728,000 after buying an additional 157 shares in the last quarter. Finally, BKM Wealth Management LLC increased its holdings in shares of Canadian Pacific Kansas City by 2.2% during the fourth 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. Institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Loop Capital downgraded Canadian Pacific Kansas City from a “buy” rating to a “sell” rating in a report on Monday, February 3rd. Royal Bank of Canada decreased their price objective on Canadian Pacific Kansas City from $122.00 to $121.00 and set an “outperform” rating for the company in a report on Thursday, May 1st. Bank of America increased their price objective on Canadian Pacific Kansas City from $82.00 to $90.00 and gave the company a “buy” rating in a report on Friday, May 16th. Barclays decreased their price objective on Canadian Pacific Kansas City from $91.00 to $87.00 and set an “overweight” rating for the company in a report on Wednesday, April 2nd. Finally, Argus set a $90.00 price objective on Canadian Pacific Kansas City in a report on Wednesday, March 26th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $90.63.

Canadian Pacific Kansas City Stock Performance

Shares of Canadian Pacific Kansas City stock opened at $81.69 on Monday. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42. The business has a 50-day moving average price of $74.78 and a two-hundred day moving average price of $75.36. Canadian Pacific Kansas City Limited has a 1-year low of $66.49 and a 1-year high of $87.72. The company has a market cap of $76.01 billion, a P/E ratio of 28.17, a PEG ratio of 2.00 and a beta of 1.09.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings results on Wednesday, April 30th. The transportation company reported $0.74 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.74. The firm had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.56 billion. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. The business’s revenue was up 8.0% compared to the same quarter last year. During the same period last year, the business posted $0.93 EPS. As a group, analysts anticipate that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current year.

Canadian Pacific Kansas City Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 28th. Stockholders of record on Friday, June 27th will be given a dividend of $0.1644 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date is Friday, June 27th. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.13. Canadian Pacific Kansas City’s dividend payout ratio is 21.28%.

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.