Canadian Pacific Kansas City (TSE:CP) Insider James Dominic Luther Clements Sells 21,035 Shares of Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider James Dominic Luther Clements sold 21,035 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of C$125.68, for a total value of C$2,643,678.80.

Canadian Pacific Kansas City Stock Up 0.3%

Shares of Canadian Pacific Kansas City stock opened at C$125.73 on Tuesday. The business’s 50 day simple moving average is C$116.52 and its 200 day simple moving average is C$109.67. Canadian Pacific Kansas City Limited has a 52-week low of C$96.50 and a 52-week high of C$127.17. The firm has a market cap of C$111.62 billion, a PE ratio of 28.06, a P/E/G ratio of 2.32 and a beta of 1.29. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 27.03%.The business had revenue of C$3.70 billion for the quarter. On average, analysts predict that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 27th. Investors of record on Monday, April 27th were given a $0.228 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.36%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CP. TD lifted their target price on Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a “hold” rating in a research report on Monday, April 13th. Sanford C. Bernstein lifted their target price on Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research report on Tuesday, March 31st. Scotiabank lifted their target price on Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the company a “hold” rating in a research report on Thursday, April 9th. BMO Capital Markets boosted their price target on Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th. Finally, JPMorgan Chase & Co. boosted their price target on Canadian Pacific Kansas City from C$120.00 to C$133.00 in a research report on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and a consensus price target of C$123.07.

About Canadian Pacific Kansas City

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.