Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Sells C$1,664,359.45 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer James Dominic Luther Clements sold 15,657 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of C$106.30, for a total transaction of C$1,664,359.45.

Canadian Pacific Kansas City Stock Down 3.0 %

CP opened at C$102.25 on Friday. The company has a market capitalization of C$95.41 billion, a PE ratio of 27.41, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The firm has a 50-day simple moving average of C$107.59 and a two-hundred day simple moving average of C$109.62. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. Canadian Pacific Kansas City Limited has a 52 week low of C$101.76 and a 52 week high of C$123.37.

Canadian Pacific Kansas City Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Monday, January 27th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City’s payout ratio is presently 20.38%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on CP shares. Citigroup set a C$97.00 price objective on shares of Canadian Pacific Kansas City and gave the company a “buy” rating in a research report on Wednesday, October 9th. Sanford C. Bernstein reduced their price target on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research report on Wednesday, October 9th. Susquehanna raised Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 24th. National Bankshares increased their target price on shares of Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Finally, Desjardins dropped their price target on shares of Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$121.43.

Canadian Pacific Kansas City Company 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.