Vanguard Group Inc. Has $3.04 Billion Holdings in Canadian Pacific Kansas City Limited $CP

Vanguard Group Inc. boosted its position in Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 2.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,223,823 shares of the transportation company's stock after buying an additional 1,080,835 shares during the period. Vanguard Group Inc. owned approximately 4.18% of Canadian Pacific Kansas City worth $3,036,558,000 at the end of the most recent quarter.

• 3 REITs to Watch as Rate Cuts Ignite a Real Estate Super Cycle

A number of other institutional investors have also bought and sold shares of the company. Invesco Ltd. boosted its position in shares of Canadian Pacific Kansas City by 59.5% during the 1st quarter. Invesco Ltd. now owns 16,984,351 shares of the transportation company's stock valued at $1,192,471,000 after purchasing an additional 6,337,312 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Canadian Pacific Kansas City by 70.4% in the first quarter. Goldman Sachs Group Inc. now owns 9,299,753 shares of the transportation company's stock worth $652,936,000 after purchasing an additional 3,842,866 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new position in Canadian Pacific Kansas City in the first quarter valued at approximately $126,928,000. Causeway Capital Management LLC boosted its holdings in shares of Canadian Pacific Kansas City by 11.5% during the 1st quarter. Causeway Capital Management LLC now owns 17,208,788 shares of the transportation company's stock worth $1,207,605,000 after buying an additional 1,778,984 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its position in shares of Canadian Pacific Kansas City by 47.7% during the 1st quarter. Canada Pension Plan Investment Board now owns 4,541,610 shares of the transportation company's stock worth $318,775,000 after buying an additional 1,465,689 shares during the period. Institutional investors own 72.20% of the company's stock.

Canadian Pacific Kansas City Trading Down 0.6%

NYSE CP opened at $68.90 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.54 and a debt-to-equity ratio of 0.46. The business has a fifty day simple moving average of $73.95 and a 200 day simple moving average of $76.67. Canadian Pacific Kansas City Limited has a 12 month low of $66.49 and a 12 month high of $83.65. The firm has a market capitalization of $61.82 billion, a P/E ratio of 21.01, a PEG ratio of 1.62 and a beta of 1.08.

• Is Coupang the Next MercadoLibre? A Playbook for Global Dominance

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last posted its earnings results on Wednesday, October 29th. The transportation company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by ($0.01). The firm had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.71 billion. Canadian Pacific Kansas City had a return on equity of 8.79% and a net margin of 28.41%.During the same quarter in the previous year, the company earned $0.99 EPS. On average, analysts predict that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 26th. Shareholders of record on Wednesday, December 31st will be given a $0.228 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a positive change from Canadian Pacific Kansas City's previous quarterly dividend of $0.17. Canadian Pacific Kansas City's payout ratio is currently 20.12%.

Analyst Upgrades and Downgrades

• 3 Companies That Just Raised Dividends; 2 to Buy, 1 to Avoid

A number of research analysts recently issued reports on CP shares. Royal Bank Of Canada dropped their target price on shares of Canadian Pacific Kansas City from $129.00 to $127.00 and set an "outperform" rating on the stock in a research report on Thursday, October 30th. Stephens upped their price objective on shares of Canadian Pacific Kansas City from $95.00 to $97.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. National Bank Financial raised shares of Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 30th. National Bankshares reaffirmed an "outperform" rating on shares of Canadian Pacific Kansas City in a research report on Thursday, September 18th. Finally, Barclays set a $90.00 price target on Canadian Pacific Kansas City and gave the stock an "overweight" rating in a report on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $91.69.

View Our Latest Report on Canadian Pacific Kansas City

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.

Featured Articles

• Five stocks we like better than Canadian Pacific Kansas City
• Why Special Dividends Can be a Delightful Surprise for Income Investors
• Wall Street Sees a Winner in Take-Two Stock. Should You?
• What is diluted earnings per share (Diluted EPS)?
• Datavault AI Just Raised Guidance by 400%—Are You Paying Attention?
• Utilities Stocks Explained – How and Why to Invest in Utilities
• Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop?

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Canadian Pacific Kansas City Right Now?

Before you consider Canadian Pacific Kansas City, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canadian Pacific Kansas City wasn't on the list.

While Canadian Pacific Kansas City currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here