Canadian Pacific Railway Limite’s P/E ratio is 18.35 and market cap is 24.58B. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of the United States Government securities and the United States Government Agency securities, including the United States Government mortgage-backed securities that pay interest in an attempt to generate current income, and by employing a strategy of writing (selling) call options on individual or baskets of the United States Government securities, the United States Government Agency securities or other debt securities held by the Fund in an attempt to generate gains from option premiums. It also reduced its holding in Pfizer Inc (NYSE:PFE) by 12,441 shares in the quarter, leaving it with 148,021 shares, and cut its stake in Ishares (CSJ). About 2.40M shares traded or 8.11% up from the average. Eqis Capital Management Inc. acquired a new position in Canadian National Railway during the 1st quarter valued at about $239,000. Canadian National Railway Company now has $60.97 billion valuation. Captrust Financial Advisors purchased a new stake in shares of Canadian Pacific Railway Limited in the second quarter worth about $130,000. Point72 Asset Management, L.p. now owns 728,450 shares with a value of $117,148,000. Bank of New York Mellon Corp now owns 925,088 shares of the transportation company’s stock valued at $68,393,000 after buying an additional 40,603 shares in the last quarter. Finally, Stephens Inc. AR boosted its stake in shares of Canadian Pacific Railway Limited by 72.9% in the second quarter. Canada Pension Plan Investment Board now owns 29,800 shares of the transportation company’s stock valued at $4,788,000 after buying an additional 100 shares during the period.
WARNING: This piece was originally reported by TrueBlueTribune and is owned by of TrueBlueTribune. If you are viewing this piece on another website, it was copied illegally and reposted in violation of U.S. and global copyright and trademark laws. The rating was maintained by Barclays Capital on Tuesday, April 26 with “Equal-Weight”.
Among 23 analysts covering Canadian National Railway (NYSE:CNI), 10 have Buy rating, 1 Sell and 12 Hold. About 289,663 shares traded. The firm has a 50 day moving average price of $155.72 and a 200-day moving average price of $155.01.
Analysts expect Canadian Pacific Railway Limited (TSE:CP) to report $3.01 EPS on October, 18.They anticipate $0.28 EPS change or 10.26 % from last quarter’s $2.73 EPS. The stock has a consensus rating of “Hold” and a consensus target price of $80.56.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 30th. Shareholders of record on Friday, September 29th will be issued a $0.4411 dividend. Seekingalpha.com’s news article titled: “Nucor: Potential Catalysts” with publication date: September 12, 2017 was also an interesting one. This represents a $1.31 dividend on an annualized basis and a dividend yield of 1.60%. After having $2.06 EPS previously, Canadian Pacific Railway Limited (USA)’s analysts see 15.53 % EPS growth. Canadian Pacific Railway Limited’s dividend payout ratio (DPR) is 19.88%.
A number of analysts have recently commented on CP shares. Canadian Pacific Railway Limited had 41 analyst reports since July 22, 2015 according to SRatingsIntel. Finally, Royal Bank Of Canada raised their price target on shares of Canadian Pacific Railway Limited from C$227.00 to C$229.00 and gave the company an “outperform” rating in a research report on Thursday, July 20th. The stock of Canadian National Railway (USA) (NYSE:CNI) earned “Outperform” rating by Cowen & Co on Wednesday, October 26. Cowen & Co maintained Canadian Pacific Railway Limited (USA) (NYSE:CP) rating on Friday, July 28. TD Securities downgraded Canadian National Railway (USA) (NYSE:CNI) on Tuesday, April 26 to “Hold” rating.
In a report released on Friday June 16, 2017 CIBC World Markets reduced the stock price target of Canadian National Railway (TSE:CNR) from $105.00 to $11.00 indicating a possible downside of -0.90%.
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.