Union Bancaire Privee UBP SA Makes New $1.43 Million Investment in Canadian Pacific Kansas City Limited (NYSE:CP)

Union Bancaire Privee UBP SA purchased a new stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 20,881 shares of the transportation company’s stock, valued at approximately $1,429,000.

Other large investors have also made changes to their positions in the company. Millennium Management LLC boosted its holdings in shares of Canadian Pacific Kansas City by 2,685.7% in the second quarter. Millennium Management LLC now owns 111,427 shares of the transportation company’s stock valued at $8,773,000 after buying an additional 107,427 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Canadian Pacific Kansas City by 9.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,275 shares of the transportation company’s stock worth $809,000 after purchasing an additional 919 shares during the period. IMS Capital Management bought a new position in Canadian Pacific Kansas City during the 2nd quarter worth about $532,000. Granite Bay Wealth Management LLC bought a new position in Canadian Pacific Kansas City during the 2nd quarter worth about $513,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Canadian Pacific Kansas City in the 2nd quarter valued at about $3,267,000. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

CP has been the subject of several research reports. Susquehanna decreased their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a research note on Wednesday, January 8th. Stifel Nicolaus lowered 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 report on Thursday, January 16th. Stephens upgraded shares of Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $81.00 to $88.00 in a research note on Monday, January 6th. Wolfe Research raised shares of Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price objective for the company in a research report on Wednesday, January 8th. Finally, Benchmark reiterated a “hold” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $92.63.

Canadian Pacific Kansas City Price Performance

Shares of Canadian Pacific Kansas City stock opened at $80.72 on Tuesday. 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 stock has a market capitalization of $75.36 billion, a price-to-earnings ratio of 28.83, a price-to-earnings-growth ratio of 2.01 and a beta of 0.96. Canadian Pacific Kansas City Limited has a twelve month low of $70.89 and a twelve month high of $91.58. The company has a 50-day simple moving average of $74.91 and a two-hundred day simple moving average of $79.09.

Canadian Pacific Kansas City Company 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.