ORG Companions LLC lowered its holdings in Canadian Pacific Kansas Metropolis Restricted (NYSE:CP – Free Report) (TSE:CP) by 27.7% in the course of the third quarter, in line with the corporate in its most up-to-date disclosure with the Securities & Trade Fee. The agency owned 360 shares of the transportation firm’s inventory after promoting 138 shares in the course of the interval. ORG Companions LLC’s holdings in Canadian Pacific Kansas Metropolis have been price $31,000 on the finish of the newest quarter.
Different institutional buyers additionally not too long ago modified their holdings of the corporate. Vanguard Group Inc. boosted its stake in Canadian Pacific Kansas Metropolis by 1.7% within the 1st quarter. Vanguard Group Inc. now owns 34,926,548 shares of the transportation firm’s inventory price $3,079,474,000 after buying a further 588,701 shares in the course of the interval. TD Asset Administration Inc lifted its holdings in shares of Canadian Pacific Kansas Metropolis by 2.5% within the first 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 a further 532,303 shares within the final quarter. Financial institution of Montreal Can boosted its place in shares of Canadian Pacific Kansas Metropolis by 2.8% within the second quarter. Financial institution of Montreal Can now owns 19,932,768 shares of the transportation firm’s inventory valued at $1,580,556,000 after buying a further 533,792 shares in the course of the interval. 1832 Asset Administration L.P. grew its stake in Canadian Pacific Kansas Metropolis by 5.5% in the course of 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 a further 723,188 shares within the final quarter. Lastly, The Producers Life Insurance coverage Firm elevated its holdings in Canadian Pacific Kansas Metropolis by 1.9% in the course of the 2nd quarter. The Producers Life Insurance coverage Firm now owns 11,568,212 shares of the transportation firm’s inventory price $909,721,000 after buying a further 216,062 shares in the course of the interval. 72.20% of the inventory is at the moment owned by hedge funds and different institutional buyers.
Analyst Scores Adjustments
A number of brokerages have commented on CP. Citigroup initiated protection on shares of Canadian Pacific Kansas Metropolis in a report on Wednesday, October ninth. They issued a “purchase” ranking and a $97.00 value goal for the corporate. Stifel Nicolaus diminished their goal value on Canadian Pacific Kansas Metropolis from $83.00 to $82.00 and set a “maintain” ranking for the corporate in a analysis report on Friday, October eleventh. Susquehanna raised their value goal on Canadian Pacific Kansas Metropolis from $80.00 to $94.00 and gave the corporate a “impartial” ranking in a report on Wednesday, October 2nd. Evercore ISI boosted their value goal on Canadian Pacific Kansas Metropolis from $89.00 to $91.00 and gave the inventory an “outperform” ranking in a report on Wednesday, September twenty fifth. Lastly, Sanford C. Bernstein lowered their goal value on shares of Canadian Pacific Kansas Metropolis from $91.98 to $91.25 and set a “market carry out” ranking on the inventory in a analysis word on Wednesday, October ninth. 9 analysis analysts have rated the inventory with a maintain ranking and twelve have issued a purchase ranking to the corporate’s inventory. In line with knowledge from MarketBeat, the inventory has a median ranking of “Reasonable Purchase” and a median value goal of $97.90.
Canadian Pacific Kansas Metropolis Inventory Up 0.7 %
Shares of NYSE:CP opened at $81.98 on Thursday. The inventory has a market capitalization of $76.49 billion, a P/E ratio of 26.28, a price-to-earnings-growth ratio of two.21 and a beta of 0.96. The inventory’s 50-day shifting common value is $82.73 and its 200-day shifting common value is $81.77. The corporate has a present ratio of 0.51, a fast ratio of 0.44 and a debt-to-equity ratio of 0.42. Canadian Pacific Kansas Metropolis Restricted has a 12-month low of $68.92 and a 12-month excessive of $91.58.
Canadian Pacific Kansas Metropolis (NYSE:CP – Get Free Report) (TSE:CP) final posted its quarterly earnings outcomes on Tuesday, July thirtieth. The transportation firm reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate 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 enterprise had income of $3.60 billion for the quarter, in comparison with analyst estimates of $3.58 billion. Throughout the identical interval final yr, the corporate earned $0.62 EPS. Canadian Pacific Kansas Metropolis’s income for the quarter was up 13.5% in comparison with the identical quarter final yr. On common, equities analysts anticipate that Canadian Pacific Kansas Metropolis Restricted will publish 3.2 earnings per share for the present yr.
Canadian Pacific Kansas Metropolis Cuts Dividend
The corporate additionally not too long ago declared a quarterly dividend, which can be paid on Monday, October twenty eighth. Buyers of file on Friday, September twenty seventh can be issued a dividend of $0.1373 per share. The ex-dividend date is Friday, September twenty seventh. This represents a $0.55 dividend on an annualized foundation and a yield of 0.67%. Canadian Pacific Kansas Metropolis’s dividend payout ratio is at the moment 17.31%.
Canadian Pacific Kansas Metropolis Firm Profile
Canadian Pacific Kansas Metropolis Restricted, along with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the US, and Mexico. The corporate transports bulk commodities, together with grain, coal, potash, fertilizers, and sulphur; merchandise freight, equivalent to forest merchandise, power, chemical substances and plastics, metals, minerals, shopper merchandise, and automotive; and intermodal site visitors comprising retail items in abroad containers.
Really useful Tales
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