Clarius Group LLC lower its holdings in shares of Canadian Pacific Kansas Metropolis Restricted (NYSE:CP – Free Report) (TSE:CP) by 16.6% throughout the third quarter, in line with the corporate in its most up-to-date disclosure with the SEC. The institutional investor owned 4,179 shares of the transportation firm’s inventory after promoting 832 shares throughout the interval. Clarius Group LLC’s holdings in Canadian Pacific Kansas Metropolis had been price $357,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers additionally not too long ago purchased and bought shares of CP. Vanguard Group Inc. raised its holdings in Canadian Pacific Kansas Metropolis by 1.7% within the first quarter. Vanguard Group Inc. now owns 34,926,548 shares of the transportation firm’s inventory price $3,079,474,000 after buying an extra 588,701 shares within the final quarter. TD Asset Administration Inc grew its place in shares of Canadian Pacific Kansas Metropolis by 2.5% within the 1st quarter. TD Asset Administration Inc now owns 21,703,229 shares of the transportation firm’s inventory price $1,915,196,000 after shopping for an extra 532,303 shares over the last quarter. Financial institution of Montreal Can raised its stake in shares of Canadian Pacific Kansas Metropolis by 2.8% throughout the 2nd quarter. Financial institution of Montreal Can now owns 19,932,768 shares of the transportation firm’s inventory price $1,580,556,000 after buying an extra 533,792 shares within the final quarter. 1832 Asset Administration L.P. lifted its place in Canadian Pacific Kansas Metropolis by 5.5% throughout the second quarter. 1832 Asset Administration L.P. now owns 13,821,347 shares of the transportation firm’s inventory valued at $1,088,155,000 after buying an extra 723,188 shares over the last quarter. Lastly, The Producers Life Insurance coverage Firm boosted its stake in Canadian Pacific Kansas Metropolis by 1.9% within the second quarter. The Producers Life Insurance coverage Firm now owns 11,568,212 shares of the transportation firm’s inventory valued at $909,721,000 after buying an extra 216,062 shares within the final quarter. 72.20% of the inventory is owned by hedge funds and different institutional buyers.
Wall Road Analyst Weigh In
CP has been the subject of a lot of current analyst studies. Scotiabank raised Canadian Pacific Kansas Metropolis from a “sector carry out” ranking to a “sector outperform” ranking in a analysis report on Wednesday, July tenth. Sanford C. Bernstein decreased their worth goal on Canadian Pacific Kansas Metropolis from $91.98 to $91.25 and set a “market carry out” ranking for the corporate in a analysis be aware on Wednesday. Evercore ISI upped their worth goal on shares of Canadian Pacific Kansas Metropolis from $89.00 to $91.00 and gave the corporate an “outperform” ranking in a report on Wednesday, September twenty fifth. Barclays raised their worth goal on shares of Canadian Pacific Kansas Metropolis from $95.00 to $97.00 and gave the inventory an “chubby” ranking in a report on Wednesday, September twenty fifth. Lastly, Stifel Nicolaus decreased their goal worth on Canadian Pacific Kansas Metropolis from $83.00 to $82.00 and set a “maintain” ranking for the corporate in a analysis be aware on Friday. 9 analysts have rated the inventory with a maintain ranking and twelve have assigned a purchase ranking to the corporate’s inventory. Based on knowledge from MarketBeat, Canadian Pacific Kansas Metropolis has a consensus ranking of “Average Purchase” and a consensus goal worth of $97.90.
Learn Our Newest Analysis Report on Canadian Pacific Kansas Metropolis
Canadian Pacific Kansas Metropolis Inventory Up 1.1 %
CP inventory opened at $82.06 on Friday. Canadian Pacific Kansas Metropolis Restricted has a one yr low of $68.92 and a one yr excessive of $91.58. The corporate has a debt-to-equity ratio of 0.42, a fast ratio of 0.44 and a present ratio of 0.51. The agency’s fifty day transferring common is $82.47 and its 200 day transferring common is $81.91. The agency has a market cap of $76.59 billion, a PE ratio of 29.62, a P/E/G ratio of two.21 and a beta of 0.96.
Canadian Pacific Kansas Metropolis (NYSE:CP – Get Free Report) (TSE:CP) final posted its earnings outcomes on Tuesday, July thirtieth. The transportation firm reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.31. Canadian Pacific Kansas Metropolis had a return on fairness of 8.77% and a internet margin of 24.45%. The agency had income of $3.60 billion for the quarter, in comparison with analysts’ expectations of $3.58 billion. Throughout the identical interval final yr, the agency earned $0.62 EPS. The corporate’s quarterly income was up 13.5% on a year-over-year foundation. On common, analysis analysts forecast that Canadian Pacific Kansas Metropolis Restricted will publish 3.2 EPS for the present yr.
Canadian Pacific Kansas Metropolis Cuts Dividend
The agency additionally not too long ago introduced a quarterly dividend, which can be paid on Monday, October twenty eighth. Stockholders of document on Friday, September twenty seventh can be paid a dividend of $0.1373 per share. This represents a $0.55 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend is Friday, September twenty seventh. Canadian Pacific Kansas Metropolis’s payout ratio is nineteen.86%.
About Canadian Pacific Kansas Metropolis
Canadian Pacific Kansas Metropolis Restricted, along with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the USA, and Mexico. The corporate transports bulk commodities, together with grain, coal, potash, fertilizers, and sulphur; merchandise freight, comparable to forest merchandise, power, chemical compounds and plastics, metals, minerals, client merchandise, and automotive; and intermodal site visitors comprising retail items in abroad containers.
See Additionally
Need to see what different hedge funds are holding CP? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Canadian Pacific Kansas Metropolis Restricted (NYSE:CP – Free Report) (TSE:CP).
Obtain Information & Rankings for Canadian Pacific Kansas Metropolis Day by day – Enter your e mail deal with under to obtain a concise day by day abstract of the newest information and analysts’ scores for Canadian Pacific Kansas Metropolis and associated firms with MarketBeat.com’s FREE day by day e mail publication.
