Capital One National Association Has $334,000 Stake in Canadian Pacific Railway Limited (NYSE:CP)

Capital One National Association lowered its position in shares of Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) by 10.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,075 shares of the transportation company’s stock after selling 243 shares during the period. Capital One National Association’s holdings in Canadian Pacific Railway Limited were worth $334,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Comerica Bank boosted its stake in Canadian Pacific Railway Limited by 5.3% in the fourth quarter. Comerica Bank now owns 11,166 shares of the transportation company’s stock worth $1,658,000 after buying an additional 567 shares during the period. Guggenheim Capital LLC boosted its stake in Canadian Pacific Railway Limited by 96.3% in the fourth quarter. Guggenheim Capital LLC now owns 6,520 shares of the transportation company’s stock worth $930,000 after buying an additional 3,198 shares during the period. AQR Capital Management LLC boosted its stake in Canadian Pacific Railway Limited by 804.3% in the fourth quarter. AQR Capital Management LLC now owns 25,447 shares of the transportation company’s stock worth $3,635,000 after buying an additional 22,633 shares during the period. Quadrature Capital Ltd purchased a new stake in Canadian Pacific Railway Limited during the fourth quarter worth about $2,391,000. Finally, Park National Corp OH boosted its stake in Canadian Pacific Railway Limited by 15.1% in the first quarter. Park National Corp OH now owns 1,834 shares of the transportation company’s stock worth $269,000 after buying an additional 241 shares during the period. Institutional investors own 70.18% of the company’s stock.

Shares of Canadian Pacific Railway Limited (NYSE CP) opened at 166.45 on Monday. Canadian Pacific Railway Limited has a 12-month low of $139.29 and a 12-month high of $167.52. The firm has a market cap of $24.42 billion, a price-to-earnings ratio of 21.61 and a beta of 1.10. The stock’s 50 day moving average is $156.77 and its 200 day moving average is $151.05.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 31st. Stockholders of record on Friday, June 30th will be given a $0.412 dividend. The ex-dividend date of this dividend is Wednesday, June 28th. This is a boost from Canadian Pacific Railway Limited’s previous quarterly dividend of $0.38. This represents a $1.65 annualized dividend and a dividend yield of 0.99%. Canadian Pacific Railway Limited’s payout ratio is presently 21.86%.

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CP has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Canadian Pacific Railway Limited from a “hold” rating to a “sell” rating in a research report on Tuesday, March 21st. Loop Capital reaffirmed a “buy” rating on shares of Canadian Pacific Railway Limited in a research report on Saturday, March 25th. Credit Suisse Group reaffirmed a “buy” rating and set a $171.00 price objective on shares of Canadian Pacific Railway Limited in a research report on Friday, April 7th. Barclays PLC reaffirmed an “overweight” rating and set a $174.00 price objective (down previously from $177.00) on shares of Canadian Pacific Railway Limited in a research report on Saturday, April 22nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $164.00 price objective (down previously from $165.00) on shares of Canadian Pacific Railway Limited in a research report on Saturday, April 22nd. Five research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $187.24.

Canadian Pacific Railway Limited 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 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 Limited (NYSE:CP)

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