Atlanta Consulting Group Advisors LLC Has $238,000 Stock Position in Canadian Pacific Kansas City Limited (NYSE:CP)

Atlanta Consulting Group Advisors LLC cut its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 14.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,779 shares of the transportation company’s stock after selling 464 shares during the period. Atlanta Consulting Group Advisors LLC’s holdings in Canadian Pacific Kansas City were worth $238,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Grove Bank & Trust grew its position in shares of Canadian Pacific Kansas City by 56.0% during the 3rd quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock worth $31,000 after buying an additional 130 shares during the period. LRI Investments LLC bought a new position in Canadian Pacific Kansas City during the 1st quarter worth approximately $32,000. Addison Advisors LLC grew its holdings in Canadian Pacific Kansas City by 246.9% during the third quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 279 shares during the period. Chris Bulman Inc bought a new stake in Canadian Pacific Kansas City in the second quarter valued at approximately $35,000. Finally, Asset Dedication LLC acquired a new stake in Canadian Pacific Kansas City in the third quarter worth $38,000. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Down 2.5 %

NYSE CP opened at $73.99 on Monday. Canadian Pacific Kansas City Limited has a 12 month low of $69.27 and a 12 month high of $91.58. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42. The stock has a 50 day moving average of $81.44 and a 200-day moving average of $80.66. The company has a market cap of $69.06 billion, a PE ratio of 26.43, a PEG ratio of 2.20 and a beta of 0.98.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $0.99 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.02). The firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.59 billion. Canadian Pacific Kansas City had a net margin of 24.50% and a return on equity of 8.78%. The business’s revenue was up 6.3% on a year-over-year basis. During the same period last year, the business earned $0.69 EPS. On average, equities research analysts anticipate that Canadian Pacific Kansas City Limited will post 3.05 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, December 27th will be paid a $0.14 dividend. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. The ex-dividend date is Friday, December 27th. This represents a $0.56 annualized dividend and a yield of 0.76%. Canadian Pacific Kansas City’s dividend payout ratio is currently 19.64%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Stephens decreased their price target on shares of Canadian Pacific Kansas City from $85.00 to $81.00 and set an “equal weight” rating for the company in a report on Monday, October 28th. Benchmark reissued a “hold” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, October 24th. Barclays raised their price target on Canadian Pacific Kansas City from $95.00 to $97.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 25th. Sanford C. Bernstein decreased their price objective on Canadian Pacific Kansas City from $91.98 to $91.25 and set a “market perform” rating for the company in a research report on Wednesday, October 9th. Finally, Evercore ISI raised their target price on shares of Canadian Pacific Kansas City from $89.00 to $91.00 and gave the stock an “outperform” rating in a report on Wednesday, September 25th. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and an average price target of $93.68.

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.