Canadian Pacific Kansas City Limited (TSE:CP) Senior Officer James Dominic Luther Clements Sells 15,657 Shares

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) Senior Officer James Dominic Luther Clements sold 15,657 shares of the business’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of C$106.30, for a total transaction of C$1,664,359.45.

Canadian Pacific Kansas City Stock Performance

Shares of CP stock opened at C$102.25 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$107.59 and a 200-day moving average price of C$109.62. Canadian Pacific Kansas City Limited has a 52 week low of C$101.76 and a 52 week high of C$123.37. The firm has a market capitalization of C$95.41 billion, a PE ratio of 27.41, a P/E/G ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Monday, January 27th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Friday, December 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 20.38%.

Analysts Set New Price Targets

Several research firms have recently issued reports on CP. Susquehanna upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 24th. National Bankshares lifted their price objective on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. ATB Capital raised their price target on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Desjardins cut their price objective on shares of Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. Finally, Barclays raised their price objective on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Canadian Pacific Kansas City has a consensus rating of “Moderate Buy” and a consensus 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.