Canadian Pacific Kansas City (TSE:CP) Insider John Kenneth Brooks Sells 65,130 Shares of Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider John Kenneth Brooks sold 65,130 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of C$122.24, for a total transaction of C$7,961,491.20.

Canadian Pacific Kansas City Stock Up 2.6%

Shares of CP opened at C$126.24 on Thursday. The stock has a market capitalization of C$112.07 billion, a PE ratio of 28.18, a P/E/G ratio of 2.32 and a beta of 1.18. Canadian Pacific Kansas City Limited has a 1 year low of C$96.50 and a 1 year high of C$126.66. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67. The company’s 50-day simple moving average is C$114.10 and its 200-day simple moving average is C$108.26.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. The company had revenue of C$3.70 billion for the quarter. Canadian Pacific Kansas City had a net margin of 27.21% and a return on equity of 8.85%. Analysts forecast that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 27th were issued a dividend of $0.228 per share. The ex-dividend date was Friday, March 27th. This represents a $0.91 dividend on an annualized basis and a yield of 0.7%. Canadian Pacific Kansas City’s dividend payout ratio is 20.36%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on CP shares. Barclays upped their price target on Canadian Pacific Kansas City from C$125.00 to C$135.00 in a report on Thursday, April 30th. National Bank Financial upped their price target on Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the stock an “outperform” rating in a report on Wednesday, April 15th. BMO Capital Markets upped their price target on Canadian Pacific Kansas City from C$126.00 to C$132.00 in a report on Thursday, February 19th. Sanford C. Bernstein upped their price target on Canadian Pacific Kansas City from C$117.00 to C$125.00 in a report on Tuesday, March 31st. Finally, ATB Cormark Capital Markets upped their price target on Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the stock a “moderate buy” rating in a report on Friday, April 17th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$123.07.

About Canadian Pacific Kansas City

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.