Canadian Pacific Kansas City Limited (NYSE:CP) is Windmill Hill Asset Management Ltd’s 10th Largest Position

Windmill Hill Asset Management Ltd lessened its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 19.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,541 shares of the transportation company’s stock after selling 7,170 shares during the period. Canadian Pacific Kansas City comprises approximately 2.1% of Windmill Hill Asset Management Ltd’s holdings, making the stock its 10th largest holding. Windmill Hill Asset Management Ltd’s holdings in Canadian Pacific Kansas City were worth $2,138,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Grove Bank & Trust increased its position in shares of Canadian Pacific Kansas City by 56.0% during the third quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock valued at $31,000 after buying an additional 130 shares during the period. Addison Advisors LLC boosted its position in Canadian Pacific Kansas City by 246.9% during the 3rd quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 279 shares in the last quarter. FSA Wealth Management LLC purchased a new position in shares of Canadian Pacific Kansas City during the 3rd quarter worth approximately $34,000. YANKCOM Partnership bought a new position in shares of Canadian Pacific Kansas City in the 4th quarter worth approximately $36,000. Finally, Asset Dedication LLC purchased a new position in shares of Canadian Pacific Kansas City in the 3rd quarter valued at approximately $38,000. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Trading Up 0.3 %

Canadian Pacific Kansas City stock opened at $78.32 on Friday. Canadian Pacific Kansas City Limited has a 52-week low of $70.89 and a 52-week high of $91.58. The company has a market cap of $73.12 billion, a P/E ratio of 27.01, a P/E/G ratio of 2.06 and a beta of 0.97. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. The business has a 50-day simple moving average of $75.47 and a two-hundred day simple moving average of $78.84.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. Analysts predict that Canadian Pacific Kansas City Limited will post 3.39 EPS for the current year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be paid a dividend of $0.1318 per share. This represents a $0.53 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 18.62%.

Analyst Ratings Changes

A number of equities analysts have issued reports on CP shares. Susquehanna decreased their price objective on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a report on Wednesday, January 8th. Wells Fargo & Company dropped their price objective on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Royal Bank of Canada raised their price objective on Canadian Pacific Kansas City from $124.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. StockNews.com cut shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Wednesday, December 25th. Finally, Stifel Nicolaus dropped their target price on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating on the stock in a research note on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, Canadian Pacific Kansas City presently has a consensus rating of “Moderate Buy” and an average target price of $95.45.

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.