U.S. Capital Wealth Advisors LLC Acquires 403 Shares of Canadian Pacific Kansas City Limited $CP

U.S. Capital Wealth Advisors LLC raised its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 1.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 26,230 shares of the transportation company’s stock after acquiring an additional 403 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Canadian Pacific Kansas City were worth $2,079,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. North Capital Inc. acquired a new stake in Canadian Pacific Kansas City in the first quarter valued at $27,000. Cornerstone Planning Group LLC grew its position in shares of Canadian Pacific Kansas City by 209.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 378 shares of the transportation company’s stock valued at $28,000 after buying an additional 256 shares during the last quarter. Cheviot Value Management LLC bought a new stake in shares of Canadian Pacific Kansas City in the 1st quarter valued at about $30,000. Bernard Wealth Management Corp. acquired a new stake in shares of Canadian Pacific Kansas City in the fourth quarter valued at about $31,000. Finally, Hexagon Capital Partners LLC raised its position in shares of Canadian Pacific Kansas City by 49.5% during the first quarter. Hexagon Capital Partners LLC now owns 495 shares of the transportation company’s stock worth $35,000 after acquiring an additional 164 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Canadian Pacific Kansas City Stock Down 0.7%

Shares of NYSE CP opened at $74.08 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 0.93 and a debt-to-equity ratio of 0.45. The firm has a market cap of $67.18 billion, a PE ratio of 23.08, a P/E/G ratio of 2.09 and a beta of 1.06. The company’s fifty day simple moving average is $75.69 and its 200 day simple moving average is $76.33. Canadian Pacific Kansas City Limited has a 12-month low of $66.49 and a 12-month high of $86.84.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its quarterly earnings results on Wednesday, July 30th. The transportation company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.01). The company had revenue of $2.72 billion during the quarter, compared to the consensus estimate of $2.76 billion. Canadian Pacific Kansas City had a net margin of 28.05% and a return on equity of 8.69%. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period last year, the firm posted $1.05 earnings per share. As a group, sell-side analysts forecast that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 27th. Investors of record on Friday, September 26th will be paid a dividend of $0.1651 per share. This is an increase from Canadian Pacific Kansas City’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Friday, September 26th. This represents a $0.66 dividend on an annualized basis and a yield of 0.9%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.56%.

Analyst Upgrades and Downgrades

CP has been the topic of several analyst reports. Stephens upped their target price on Canadian Pacific Kansas City from $95.00 to $97.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Susquehanna reaffirmed a “positive” rating and issued a $94.00 price objective (up from $90.00) on shares of Canadian Pacific Kansas City in a research note on Tuesday, June 24th. National Bank Financial raised shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. National Bankshares reaffirmed an “outperform” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, September 18th. Finally, Scotiabank reiterated an “outperform” rating on shares of Canadian Pacific Kansas City in a report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $92.30.

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.