Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer Keith E. Creel Sells 51,727 Shares

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer Keith E. Creel sold 51,727 shares of Canadian Pacific Kansas City stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of C$104.91, for a total value of C$5,426,615.01.

Canadian Pacific Kansas City Stock Down 1.0 %

Shares of CP opened at C$104.58 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. The company has a 50-day moving average price of C$106.77 and a two-hundred day moving average price of C$109.59. The stock has a market cap of C$97.59 billion, a price-to-earnings ratio of 28.04, a P/E/G ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City Limited has a 12 month low of C$101.76 and a 12 month high of C$123.37.

Canadian Pacific Kansas City Announces Dividend

The business 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 $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City’s dividend payout ratio is 20.38%.

Analyst Upgrades and Downgrades

Several research firms have commented on CP. ATB Capital boosted their target price on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Citigroup set a C$97.00 target price on shares of Canadian Pacific Kansas City and gave the stock a “buy” rating in a research report on Wednesday, October 9th. Barclays raised their target price on Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a “buy” rating in a report on Wednesday, September 25th. Royal Bank of Canada lowered their price objective on Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. Finally, Desjardins reduced their target price on Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$121.43.

About Canadian Pacific Kansas City

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.