Stratos Wealth Partners LTD. Has $540,000 Stock Holdings in Canadian Pacific Kansas City Limited (NYSE:CP)

Stratos Wealth Partners LTD. lifted its position in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 3.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,465 shares of the transportation company’s stock after purchasing an additional 226 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Canadian Pacific Kansas City were worth $540,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in CP. Calamos Wealth Management LLC raised its position in Canadian Pacific Kansas City by 1,583.4% in the 4th quarter. Calamos Wealth Management LLC now owns 152,196 shares of the transportation company’s stock valued at $11,014,000 after purchasing an additional 143,155 shares during the last quarter. Calamos Advisors LLC increased its stake in shares of Canadian Pacific Kansas City by 2,497.4% in the fourth quarter. Calamos Advisors LLC now owns 321,430 shares of the transportation company’s stock valued at $23,262,000 after buying an additional 309,055 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of Canadian Pacific Kansas City by 341.2% in the fourth quarter. Jennison Associates LLC now owns 148,233 shares of the transportation company’s stock valued at $10,728,000 after buying an additional 114,633 shares during the last quarter. Oak Family Advisors LLC acquired a new position in Canadian Pacific Kansas City during the 4th quarter worth about $262,000. Finally, Golden State Equity Partners grew its holdings in Canadian Pacific Kansas City by 19,739.1% during the 4th quarter. Golden State Equity Partners now owns 4,563 shares of the transportation company’s stock worth $330,000 after acquiring an additional 4,540 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

CP has been the subject of a number of research reports. Susquehanna lowered their price objective on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a research report on Wednesday, January 8th. Stephens lifted their price target on shares of Canadian Pacific Kansas City from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Wells Fargo & Company cut their price objective on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Benchmark reaffirmed a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday, January 30th. Finally, Stifel Nicolaus cut their price target on Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating on the stock in a research note on Thursday, January 16th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $95.45.

Canadian Pacific Kansas City Price Performance

NYSE:CP opened at $78.36 on Wednesday. Canadian Pacific Kansas City Limited has a 52-week low of $70.89 and a 52-week high of $91.58. The company has a market cap of $73.15 billion, a P/E ratio of 27.02, a P/E/G ratio of 2.02 and a beta of 0.97. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. The stock’s 50-day simple moving average is $75.57 and its 200 day simple moving average is $78.73.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.26. Canadian Pacific Kansas City had a net margin of 25.51% and a return on equity of 8.86%. As a group, sell-side analysts forecast that Canadian Pacific Kansas City Limited will post 3.4 EPS for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be paid a dividend of $0.1318 per share. The ex-dividend date is Friday, March 28th. This represents a $0.53 annualized dividend and a dividend yield of 0.67%. Canadian Pacific Kansas City’s dividend payout ratio is currently 18.62%.

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.