Tilia Fiduciary Partners Inc. Acquires 1,703 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Tilia Fiduciary Partners Inc. boosted its holdings in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 6.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 29,176 shares of the transportation company’s stock after acquiring an additional 1,703 shares during the quarter. Canadian Pacific Kansas City comprises about 1.4% of Tilia Fiduciary Partners Inc.’s portfolio, making the stock its 27th largest holding. Tilia Fiduciary Partners Inc.’s holdings in Canadian Pacific Kansas City were worth $2,111,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Grove Bank & Trust grew its stake in shares of Canadian Pacific Kansas City by 56.0% in the 3rd quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock worth $31,000 after buying an additional 130 shares during the last quarter. Addison Advisors LLC boosted its holdings in Canadian Pacific Kansas City by 246.9% in the third quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock worth $34,000 after acquiring an additional 279 shares in the last quarter. FSA Wealth Management LLC purchased a new stake in shares of Canadian Pacific Kansas City in the third quarter worth $34,000. Asset Dedication LLC bought a new position in shares of Canadian Pacific Kansas City during the third quarter valued at $38,000. Finally, Kennebec Savings Bank purchased a new position in shares of Canadian Pacific Kansas City in the 3rd quarter worth about $42,000. Institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

CP has been the subject of a number of analyst reports. StockNews.com lowered shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research note on Wednesday, December 25th. Wells Fargo & Company reduced their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating for the company in a research report on Tuesday. Wolfe Research raised Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price objective on the stock in a research report on Wednesday. Citigroup reduced their target price on Canadian Pacific Kansas City from $98.00 to $91.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. Finally, Barclays upped their price target on Canadian Pacific Kansas City from $95.00 to $97.00 and gave the company an “overweight” rating in a report on Wednesday, September 25th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $93.56.

Canadian Pacific Kansas City Stock Performance

CP stock traded down $1.46 during midday trading on Friday, reaching $74.74. 1,579,086 shares of the company’s stock traded hands, compared to its average volume of 2,529,536. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42. Canadian Pacific Kansas City Limited has a 52-week low of $70.89 and a 52-week high of $91.58. The stock has a market cap of $69.76 billion, a P/E ratio of 26.69, a PEG ratio of 2.26 and a beta of 0.96. The stock’s 50-day moving average is $75.16 and its 200 day moving average is $79.36.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $0.99 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.02). The company had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.59 billion. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 24.50%. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the company earned $0.69 earnings per share. As a group, analysts anticipate that Canadian Pacific Kansas City Limited will post 3.05 EPS for the current year.

Canadian Pacific Kansas City Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Friday, December 27th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, December 27th. This represents a $0.56 annualized dividend and a dividend yield of 0.75%. This is an increase from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 18.93%.

About Canadian Pacific Kansas City

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.