Lawson Kroeker Investment Management Inc. NE lowered its stake in Canadian Pacific Kansas City Limited (NYSE:CP – Free Report) (TSE:CP) by 1.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 96,897 shares of the transportation company’s stock after selling 1,675 shares during the period. Canadian Pacific Kansas City makes up 1.3% of Lawson Kroeker Investment Management Inc. NE’s portfolio, making the stock its 25th largest holding. Lawson Kroeker Investment Management Inc. NE’s holdings in Canadian Pacific Kansas City were worth $7,012,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Grove Bank & Trust boosted its holdings in Canadian Pacific Kansas City by 56.0% in the 3rd quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 130 shares during the period. Addison Advisors LLC boosted its holdings in Canadian Pacific Kansas City by 246.9% in the 3rd quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 279 shares during the period. FSA Wealth Management LLC bought a new stake in Canadian Pacific Kansas City in the 3rd quarter valued at about $34,000. Asset Dedication LLC bought a new stake in Canadian Pacific Kansas City in the 3rd quarter valued at about $38,000. Finally, Kennebec Savings Bank bought a new stake in Canadian Pacific Kansas City in the 3rd quarter valued at about $42,000. Institutional investors and hedge funds own 72.20% of the company’s stock.
Canadian Pacific Kansas City Price Performance
Shares of NYSE:CP opened at $78.66 on Thursday. The company has a market cap of $73.44 billion, a price-to-earnings ratio of 28.09, a PEG ratio of 2.01 and a beta of 0.96. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46. The firm has a 50 day simple moving average of $75.15 and a 200 day simple moving average of $79.05. Canadian Pacific Kansas City Limited has a one year low of $70.89 and a one year high of $91.58.
Wall Street Analyst Weigh In
A number of analysts have issued reports on CP shares. Susquehanna cut their price objective on shares of 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. Citigroup cut their price target on shares of Canadian Pacific Kansas City from $98.00 to $91.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. Wolfe Research raised shares of Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price target for the company in a report on Wednesday, January 8th. Bank of America cut their price target on shares of Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Finally, Stephens raised shares of Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $81.00 to $88.00 in a report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, Canadian Pacific Kansas City currently has a consensus rating of “Moderate Buy” and a consensus price target of $92.63.
Check Out Our Latest Report on Canadian Pacific Kansas City
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.
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