Rothschild & Co Wealth Management UK Ltd Acquires 162,559 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Rothschild & Co Wealth Management UK Ltd lifted its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 3.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,929,554 shares of the transportation company’s stock after purchasing an additional 162,559 shares during the period. Canadian Pacific Kansas City accounts for about 6.4% of Rothschild & Co Wealth Management UK Ltd’s portfolio, making the stock its 9th largest holding. Rothschild & Co Wealth Management UK Ltd owned approximately 0.53% of Canadian Pacific Kansas City worth $389,731,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Valeo Financial Advisors LLC grew its stake in shares of Canadian Pacific Kansas City by 4.1% in the 3rd quarter. Valeo Financial Advisors LLC now owns 3,556 shares of the transportation company’s stock valued at $265,000 after buying an additional 141 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Canadian Pacific Kansas City by 0.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 51,089 shares of the transportation company’s stock worth $3,802,000 after purchasing an additional 148 shares during the last quarter. FirstPurpose Wealth LLC increased its position in shares of Canadian Pacific Kansas City by 4.7% during the 3rd quarter. FirstPurpose Wealth LLC now owns 3,399 shares of the transportation company’s stock worth $253,000 after purchasing an additional 154 shares during the last quarter. Keybank National Association OH raised its holdings in Canadian Pacific Kansas City by 0.4% in the 3rd quarter. Keybank National Association OH now owns 42,155 shares of the transportation company’s stock valued at $3,137,000 after buying an additional 159 shares during the period. Finally, United Capital Financial Advisers LLC lifted its position in Canadian Pacific Kansas City by 2.6% in the fourth quarter. United Capital Financial Advisers LLC now owns 6,415 shares of the transportation company’s stock valued at $479,000 after buying an additional 160 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Canadian Pacific Kansas City Stock Down 1.5 %

Shares of CP traded down $1.25 during mid-day trading on Wednesday, reaching $84.27. The company’s stock had a trading volume of 1,619,975 shares, compared to its average volume of 1,635,495. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.53 and a quick ratio of 0.46. Canadian Pacific Kansas City Limited has a 12-month low of $68.92 and a 12-month high of $91.58. The stock has a market cap of $78.59 billion, a PE ratio of 26.84, a price-to-earnings-growth ratio of 2.19 and a beta of 0.94. The company’s 50 day moving average is $87.17 and its 200 day moving average is $79.28.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings results on Tuesday, January 30th. The transportation company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.04. Canadian Pacific Kansas City had a return on equity of 8.52% and a net margin of 31.29%. The firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. Equities analysts anticipate that Canadian Pacific Kansas City Limited will post 3.21 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, March 28th will be paid a dividend of $0.1415 per share. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Wednesday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 17.83%.

Analysts Set New Price Targets

CP has been the subject of a number of recent analyst reports. Barclays lifted their price target on shares of Canadian Pacific Kansas City from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Thursday, April 4th. Stifel Nicolaus boosted their price objective on Canadian Pacific Kansas City from $80.00 to $83.00 and gave the company a “hold” rating in a report on Friday, April 12th. Scotiabank restated a “sector perform” rating on shares of Canadian Pacific Kansas City in a report on Monday, March 25th. JPMorgan Chase & Co. cut their price target on shares of Canadian Pacific Kansas City from $121.00 to $116.00 and set an “overweight” rating on the stock in a research note on Thursday, December 21st. Finally, StockNews.com raised shares of Canadian Pacific Kansas City from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Twelve research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $95.29.

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.