From MarketBeat:

US Bancorp DE increased its stake in Canadian Pacific Kansas City Limited by 11.0% during the third quarter, now owning 131,112 shares. Other large investors like WCM Investment Management LLC and Vanguard Group Inc. also upped their holdings, with institutional investors now owning 67.93% of the company’s stock.

Several equities research analysts weighed in on Canadian Pacific Kansas City, resulting in a consensus rating of “Moderate Buy” and a consensus price target of $94.56.

Canadian Pacific Kansas City stock traded down $0.17 during midday trading on Friday, reaching $78.66. The firm has a market capitalization of $73.32 billion, a price-to-earnings ratio of 23.68, a price-to-earnings-growth ratio of 2.52 and a beta of 0.97.

Canadian Pacific Kansas City reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.01. The firm had revenue of $2.49 billion for the quarter and posted a net margin of 37.10%.

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States, transporting both bulk commodities and merchandise freight.



Read more: US Bancorp DE Buys 12,953 Shares of Canadian Pacific Kansas City Limited (NYSE:CP)