---
title: "Massachusetts Financial Services Co. MA Reduces Holdings in Canadian Pacific Kansas City Limited $CP"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295998725.md"
description: "Massachusetts Financial Services Co. reduced its stake in Canadian Pacific Kansas City Limited (CP) by 12.2% in Q2, selling 589,883 shares to hold 4,248,626 shares valued at $368.1 million. Conversely, other institutions like GAMMA Investing and Foster Group increased their holdings. Analysts maintain a 'Moderate Buy' consensus with an average price target of $108.60, following recent upgrades from Wells Fargo and Royal Bank of Canada. CP recently reported quarterly earnings beating estimates."
datetime: "2026-08-15T10:24:54.000Z"
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  - [en](https://longbridge.com/en/news/295998725.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295998725.md)
generator: "portal-rs"
---

# Massachusetts Financial Services Co. MA Reduces Holdings in Canadian Pacific Kansas City Limited $CP

Massachusetts Financial Services Co. MA reduced its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP by 12.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,248,626 shares of the transportation company's stock after selling 589,883 shares during the period. Massachusetts Financial Services Co. MA owned 0.48% of Canadian Pacific Kansas City worth $368,143,000 as of its most recent SEC filing.

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Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC grew its holdings in Canadian Pacific Kansas City by 3.8% during the 2nd quarter. GAMMA Investing LLC now owns 3,511 shares of the transportation company's stock valued at $304,000 after buying an additional 130 shares during the last quarter. Foster Group Inc. increased its position in Canadian Pacific Kansas City by 3.3% during the second quarter. Foster Group Inc. now owns 4,279 shares of the transportation company's stock worth $371,000 after buying an additional 137 shares in the last quarter. Modern Wealth Management LLC raised its holdings in shares of Canadian Pacific Kansas City by 1.2% in the first quarter. Modern Wealth Management LLC now owns 12,170 shares of the transportation company's stock worth $950,000 after acquiring an additional 142 shares during the last quarter. Altshuler Shaham Ltd raised its holdings in shares of Canadian Pacific Kansas City by 1.2% in the first quarter. Altshuler Shaham Ltd now owns 11,766 shares of the transportation company's stock worth $926,000 after acquiring an additional 144 shares during the last quarter. Finally, Essex Financial Services Inc. lifted its position in shares of Canadian Pacific Kansas City by 3.2% in the first quarter. Essex Financial Services Inc. now owns 4,785 shares of the transportation company's stock valued at $376,000 after acquiring an additional 149 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock. 

## Wall Street Analyst Weigh In

CP has been the topic of a number of recent research reports. Evercore set a $99.00 target price on shares of Canadian Pacific Kansas City in a report on Thursday, July 30th. Stephens upgraded shares of Canadian Pacific Kansas City to a "hold" rating in a report on Wednesday, July 8th. Wells Fargo & Company boosted their price objective on shares of Canadian Pacific Kansas City from $90.00 to $100.00 and gave the company an "overweight" rating in a research report on Wednesday, July 8th. Royal Bank Of Canada reissued an "outperform" rating and set a $145.00 price objective (up from $139.00) on shares of Canadian Pacific Kansas City in a research note on Thursday, July 30th. Finally, Susquehanna raised their target price on shares of Canadian Pacific Kansas City from $104.00 to $106.00 and gave the stock a "positive" rating in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Canadian Pacific Kansas City currently has an average rating of "Moderate Buy" and a consensus price target of $108.60.

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**View Our Latest Stock Analysis on CP**

## Canadian Pacific Kansas City Stock Performance

Shares of NYSE:CP opened at $93.53 on Friday. The company has a market cap of $82.16 billion, a P/E ratio of 30.08, a PEG ratio of 1.84 and a beta of 1.10. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.50 and a current ratio of 0.59. Canadian Pacific Kansas City Limited has a one year low of $68.42 and a one year high of $94.66. The business's 50-day simple moving average is $89.72 and its 200 day simple moving average is $85.41. 

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Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last released its quarterly earnings results on Wednesday, July 29th. The transportation company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.89 by $0.03. The firm had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.89 billion. Canadian Pacific Kansas City had a return on equity of 9.02% and a net margin of 25.02%.Canadian Pacific Kansas City's revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.12 EPS. On average, sell-side analysts forecast that Canadian Pacific Kansas City Limited will post 3.7 earnings per share for the current fiscal year. 

## Canadian Pacific Kansas City Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Friday, September 25th will be given a dividend of $0.268 per share. This represents a $1.07 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, September 25th. Canadian Pacific Kansas City's payout ratio is presently 25.08%. 

## Canadian Pacific Kansas City Profile

(Free Report)

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports. 

CPKC's core business is freight transportation and related logistics services.

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**Want to see what other hedge funds are holding CP?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP.

*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.*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**