This afternoon we watched Canadian Pacific Kansas City drop -1.5% to a price of $79.93 per share. The Large-Cap Railroads company is now trading -14.53% below its average target price of $93.52. Analysts have set target prices ranging from $76.03 to $125.7 per share for Canadian Pacific Kansas City, and have given the stock an average rating of buy.
The stock has a very low short interest at 1.3%, and a short ratio of 5.98. At 0.03%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that an average number of institutional investors are invested in the stock, with 76.6% of Canadian Pacific Kansas City's shares being owned by this investor type.
Institutions Invested in Canadian Pacific Kansas City
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2024-06-30 | TCI Fund Management Ltd | 6% | 54,913,285 | $4,389,218,886 |
2024-06-30 | Royal Bank of Canada | 6% | 51,304,563 | $4,100,773,736 |
2024-06-30 | Vanguard Group Inc | 4% | 35,650,247 | $2,849,524,253 |
2024-06-30 | WCM Investment Management, LLC | 3% | 30,289,840 | $2,421,066,920 |
2024-06-30 | FMR, LLC | 3% | 27,782,054 | $2,220,619,584 |
2024-06-30 | TD Asset Management, Inc | 2% | 21,722,035 | $1,736,242,264 |
2024-06-30 | Bank of Montreal/Can/ | 2% | 19,932,768 | $1,593,226,152 |
2024-06-30 | Massachusetts Financial Services Co. | 2% | 17,753,159 | $1,419,010,004 |
2024-06-30 | Pershing Square Capital Management, L.P. | 2% | 14,965,641 | $1,196,203,689 |
2024-06-30 | 1832 Asset Management L.P. | 1% | 13,821,347 | $1,104,740,269 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Canadian Pacific Kansas City.