Canadian Pacific Kansas City (TSE:CP) Insider Maeghan Dawn Albiston Sells 5,690 Shares

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Maeghan Dawn Albiston sold 5,690 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of C$125.00, for a total transaction of C$711,250.00.

Canadian Pacific Kansas City Price Performance

TSE:CP opened at C$123.10 on Friday. The firm’s fifty day moving average is C$114.66 and its two-hundred day moving average is C$108.54. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67. Canadian Pacific Kansas City Limited has a one year low of C$96.50 and a one year high of C$126.66. The firm has a market cap of C$109.28 billion, a price-to-earnings ratio of 27.48, a PEG ratio of 2.32 and a beta of 1.18.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. Canadian Pacific Kansas City had a net margin of 27.21% and a return on equity of 8.85%. The business had revenue of C$3.70 billion for the quarter. Research analysts expect that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current 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 paid a $0.228 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 20.36%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on CP shares. JPMorgan Chase & Co. raised their target price on shares of Canadian Pacific Kansas City from C$120.00 to C$133.00 in a research note on Thursday, April 30th. Raymond James Financial raised their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. National Bank Financial lifted their price target on shares of Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. BMO Capital Markets lifted their price target on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th. Finally, Scotiabank lifted their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the company a “hold” rating in a research report on Thursday, April 9th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average 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.