Greenleaf Trust Has $7.39 Million Position in Canadian Pacific Railway Limited (CP)

Greenleaf Trust boosted its position in shares of Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,428 shares of the transportation company’s stock after acquiring an additional 1,154 shares during the period. Greenleaf Trust’s holdings in Canadian Pacific Railway were worth $7,389,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of CP. Dimensional Fund Advisors LP lifted its position in Canadian Pacific Railway by 5.9% during the second quarter. Dimensional Fund Advisors LP now owns 28,761 shares of the transportation company’s stock valued at $4,625,000 after acquiring an additional 1,611 shares during the last quarter. Voya Investment Management LLC lifted its position in Canadian Pacific Railway by 11.1% during the second quarter. Voya Investment Management LLC now owns 2,468 shares of the transportation company’s stock valued at $397,000 after acquiring an additional 247 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in Canadian Pacific Railway by 15.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 5,744 shares of the transportation company’s stock valued at $925,000 after acquiring an additional 751 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Canadian Pacific Railway during the second quarter valued at approximately $3,136,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Canadian Pacific Railway during the second quarter valued at approximately $240,000. 67.12% of the stock is owned by institutional investors.

A number of equities research analysts recently commented on the stock. Goldman Sachs Group raised shares of Canadian Pacific Railway from a “neutral” rating to a “buy” rating and increased their target price for the company from $176.72 to $213.00 in a research report on Tuesday. Cowen increased their target price on shares of Canadian Pacific Railway from $184.00 to $207.00 and gave the company an “outperform” rating in a research report on Friday, January 19th. Deutsche Bank assumed coverage on shares of Canadian Pacific Railway in a research report on Wednesday, November 1st. They set a “buy” rating and a $209.00 target price for the company. Argus upped their price target on shares of Canadian Pacific Railway from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, October 19th. Finally, Morgan Stanley upped their price target on shares of Canadian Pacific Railway from $214.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and fifteen have issued a buy rating to the company. Canadian Pacific Railway presently has a consensus rating of “Buy” and an average price target of $192.87.

Canadian Pacific Railway Limited (CP) opened at $178.83 on Wednesday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.44 and a current ratio of 0.53. Canadian Pacific Railway Limited has a 52 week low of $143.20 and a 52 week high of $188.74. The stock has a market cap of $25,618.60, a P/E ratio of 14.00, a price-to-earnings-growth ratio of 1.46 and a beta of 1.08.

Canadian Pacific Railway (NYSE:CP) (TSE:CP) last issued its quarterly earnings results on Thursday, January 18th. The transportation company reported $2.54 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.57 by ($0.03). Canadian Pacific Railway had a net margin of 36.88% and a return on equity of 31.61%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.36 billion. equities research analysts expect that Canadian Pacific Railway Limited will post 10.51 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 29th. Stockholders of record on Friday, December 29th were paid a $0.44 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.98%. Canadian Pacific Railway’s payout ratio is currently 14.33%.

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Canadian Pacific Railway Profile

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The Company operates through rail transportation segment. The Company’s transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles.

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Institutional Ownership by Quarter for Canadian Pacific Railway (NYSE:CP)

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