Canadian Pacific Railway Limited (CP) Insider Keith E. Creel Sells 1,100 Shares

Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP) insider Keith E. Creel sold 1,100 shares of Canadian Pacific Railway stock in a transaction on Thursday, November 8th. The shares were sold at an average price of C$276.60, for a total value of C$304,260.00.

CP opened at C$275.65 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.55 and a debt-to-equity ratio of 116.25. Canadian Pacific Railway Limited has a 12 month low of C$212.50 and a 12 month high of C$291.56.

Canadian Pacific Railway (TSE:CP) (NYSE:CP) last released its quarterly earnings data on Thursday, October 18th. The company reported C$4.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$4.09 by C$0.03. The company had revenue of C$1.90 billion during the quarter, compared to analysts’ expectations of C$1.90 billion. As a group, equities research analysts predict that Canadian Pacific Railway Limited will post 16.3500004146138 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 29th. Stockholders of record on Friday, September 28th were issued a $0.65 dividend. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $2.60 annualized dividend and a dividend yield of 0.94%. This is an increase from Canadian Pacific Railway’s previous quarterly dividend of $0.56. Canadian Pacific Railway’s payout ratio is currently 14.63%.

Several equities research analysts have issued reports on the company. Cowen dropped their price target on Canadian Pacific Railway from C$229.00 to C$225.00 and set a “c$254.60” rating for the company in a research note on Thursday, July 19th. TD Securities lifted their price target on Canadian Pacific Railway from C$265.00 to C$270.00 and gave the stock a “c$254.60” rating in a research note on Thursday, July 19th. Desjardins lifted their price target on Canadian Pacific Railway from C$259.00 to C$274.00 and gave the stock a “c$254.60” rating in a research note on Thursday, July 19th. Raymond James lifted their price target on Canadian Pacific Railway from C$275.00 to C$285.00 and gave the stock a “c$254.60” rating in a research note on Thursday, July 19th. Finally, BMO Capital Markets lifted their price target on Canadian Pacific Railway from C$265.00 to C$270.00 and gave the stock a “c$254.60” rating in a research note on Thursday, July 19th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Canadian Pacific Railway presently has a consensus rating of “Buy” and a consensus target price of C$289.64.

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Canadian Pacific Railway Company Profile

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; and merchandise freight, such as finished vehicles and machineries, automotive parts, chemicals and plastics, petroleum and crude products, and metals and minerals, as well as forest, industrial, and consumer products.

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Insider Buying and Selling by Quarter for Canadian Pacific Railway (TSE:CP)

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