32,179 Shares in Canadian Pacific Kansas City Limited $CP Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC purchased a new stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 32,179 shares of the transportation company’s stock, valued at approximately $2,674,000.

Several other institutional investors have also added to or reduced their stakes in the company. Prosperity Bancshares Inc bought a new stake in Canadian Pacific Kansas City in the 4th quarter worth approximately $26,000. Gilpin Wealth Management LLC bought a new position in shares of Canadian Pacific Kansas City during the 4th quarter valued at approximately $29,000. McMillan Office Inc. purchased a new position in shares of Canadian Pacific Kansas City in the fourth quarter valued at $31,000. Wealth Watch Advisors INC purchased a new position in shares of Canadian Pacific Kansas City in the third quarter valued at $36,000. Finally, Acadian Asset Management LLC bought a new stake in Canadian Pacific Kansas City in the first quarter worth $35,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

CP has been the topic of a number of recent research reports. Wall Street Zen raised shares of Canadian Pacific Kansas City from a “sell” rating to a “hold” rating in a research note on Sunday, July 26th. Stephens raised shares of Canadian Pacific Kansas City to a “hold” rating in a research note on Wednesday, July 8th. Weiss Ratings upgraded shares of Canadian Pacific Kansas City from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 2nd. Susquehanna upped their target price on shares of Canadian Pacific Kansas City from $104.00 to $106.00 and gave the company a “positive” rating in a research report on Tuesday, July 14th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Canadian Pacific Kansas City in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $108.60.

Canadian Pacific Kansas City Stock Performance

NYSE:CP opened at $90.59 on Wednesday. The firm has a market capitalization of $79.88 billion, a PE ratio of 29.13, a PEG ratio of 1.77 and a beta of 1.10. The stock’s fifty day moving average is $89.37 and its 200 day moving average is $84.39. Canadian Pacific Kansas City Limited has a fifty-two week low of $68.42 and a fifty-two week high of $93.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.50 and a current ratio of 0.59.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its quarterly earnings data on Wednesday, July 29th. The transportation company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.89 by $0.03. Canadian Pacific Kansas City had a net margin of 25.02% and a return on equity of 9.02%. The company had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.89 billion. During the same period in the previous year, the firm earned $1.12 earnings per share. Canadian Pacific Kansas City’s quarterly revenue was up 12.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Canadian Pacific Kansas City Limited will post 3.69 earnings per share for the current year.

Canadian Pacific Kansas City Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Friday, September 25th will be issued a $0.268 dividend. This represents a $1.07 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, September 25th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 25.08%.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.