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

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

Canadian Pacific Kansas City Stock Down 1.0 %

TSE:CP opened at C$104.58 on Friday. The business’s fifty day moving average price is C$106.77 and its 200 day moving average price is C$109.59. The firm has a market capitalization of C$97.59 billion, a price-to-earnings ratio of 28.04, a PEG ratio of 2.32 and a beta of 0.79. The company has a current ratio of 0.51, a quick ratio of 0.42 and a debt-to-equity ratio of 50.47. Canadian Pacific Kansas City Limited has a 1-year low of C$101.76 and a 1-year 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. Stockholders 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 dividend yield of 0.73%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 20.38%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Susquehanna upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 24th. ATB Capital increased 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 research note on Thursday, October 24th. JPMorgan Chase & Co. boosted their price objective on Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 8th. 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 research note on Wednesday, September 25th. Finally, Desjardins dropped their price target 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. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$121.43.

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.