Tilia Fiduciary Partners Inc. Has $2.35 Million Position in Canadian Pacific Kansas City Limited (NYSE:CP)

Tilia Fiduciary Partners Inc. increased its stake in shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 3.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,473 shares of the transportation company’s stock after purchasing an additional 998 shares during the quarter. Canadian Pacific Kansas City makes up about 1.6% of Tilia Fiduciary Partners Inc.’s portfolio, making the stock its 25th largest holding. Tilia Fiduciary Partners Inc.’s holdings in Canadian Pacific Kansas City were worth $2,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. LRI Investments LLC bought a new position in shares of Canadian Pacific Kansas City in the 1st quarter valued at $32,000. Chris Bulman Inc bought a new position in Canadian Pacific Kansas City in the second quarter valued at about $35,000. ORG Partners LLC bought a new position in Canadian Pacific Kansas City in the second quarter valued at about $39,000. Tobam acquired a new stake in shares of Canadian Pacific Kansas City during the first quarter valued at about $51,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of Canadian Pacific Kansas City during the second quarter worth about $61,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

CP has been the subject of a number of research reports. Citigroup assumed coverage on shares of Canadian Pacific Kansas City in a report on Wednesday. They issued a “buy” rating and a $97.00 price objective for the company. Barclays raised their price target on shares of Canadian Pacific Kansas City from $95.00 to $97.00 and gave the company an “overweight” rating in a research note on Wednesday, September 25th. Jefferies Financial Group reduced their price objective on shares of Canadian Pacific Kansas City from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Sanford C. Bernstein raised their target price on Canadian Pacific Kansas City from $88.50 to $89.06 and gave the stock a “market perform” rating in a research report on Monday, July 8th. Finally, Stifel Nicolaus upped their price target on Canadian Pacific Kansas City from $82.00 to $83.00 and gave the company a “hold” rating in a research report on Wednesday, July 17th. Nine research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $97.83.

Canadian Pacific Kansas City Stock Down 0.2 %

NYSE CP traded down $0.14 on Wednesday, hitting $80.47. 425,028 shares of the company were exchanged, compared to its average volume of 2,101,295. The company has a current ratio of 0.51, a quick ratio of 0.44 and a debt-to-equity ratio of 0.42. The company has a market cap of $75.08 billion, a PE ratio of 25.84, a PEG ratio of 2.43 and a beta of 0.96. The stock has a fifty day moving average of $82.45 and a 200-day moving average of $82.00. Canadian Pacific Kansas City Limited has a 12 month low of $68.92 and a 12 month high of $91.58.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its quarterly earnings data on Tuesday, July 30th. The transportation company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.31. Canadian Pacific Kansas City had a net margin of 24.45% and a return on equity of 8.77%. The company had revenue of $3.60 billion for the quarter, compared to analysts’ expectations of $3.58 billion. During the same quarter in the prior year, the firm earned $0.62 EPS. The business’s revenue was up 13.5% on a year-over-year basis. As a group, analysts forecast that Canadian Pacific Kansas City Limited will post 3.1 earnings per share for the current year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 28th. Shareholders of record on Friday, September 27th will be paid a $0.1373 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.55 dividend on an annualized basis and a yield of 0.68%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 17.31%.

Canadian Pacific Kansas City 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.