Shareholder Dsm Capital Partners LLC Has Lifted Canadian Pacific Railway (CP) Position

Canadian Pacific Railway Limited (NYSE:CP) Logo

Dsm Capital Partners Llc increased its stake in Canadian Pacific Railway (CP) by 10.57% based on its latest 2018Q2 regulatory filing with the SEC. Dsm Capital Partners Llc bought 53,615 shares as the company’s stock rose 6.74% with the market. The hedge fund held 560,617 shares of the railroads company at the end of 2018Q2, valued at $102.60 million, up from 507,002 at the end of the previous reported quarter. Dsm Capital Partners Llc who had been investing in Canadian Pacific Railway for a number of months, seems to be bullish on the $26.96 billion market cap company. The stock decreased 3.43% or $6.72 during the last trading session, reaching $189.28. About 760,076 shares traded or 7.27% up from the average. Canadian Pacific Railway Limited (NYSE:CP) has risen 28.67% since December 8, 2017 and is uptrending. It has outperformed by 13.05% the S&P500.

Dsm Capital Partners Llc, which manages about $5.78B and $6.56B US Long portfolio, decreased its stake in Charles Schwab (NYSE:SCHW) by 2.01M shares to 6.33M shares, valued at $323.57 million in 2018Q2, according to the filing. It also reduced its holding in Cl C by 2,911 shares in the quarter, leaving it with 24,755 shares, and cut its stake in Hdfc Bank (NYSE:HDB).

More notable recent Canadian Pacific Railway Limited (NYSE:CP) news were published by: Seekingalpha.com which released: “Stocks To Watch: Eyes On Cyber Monday, Argentina And Mars – Seeking Alpha” on November 24, 2018, also Fool.ca with their article: “2 TSX Index Stocks Near Their 52-Week Highs I Would Definitely Be Looking to Sell Right Now – The Motley Fool Canada” published on November 12, 2018, Benzinga.com published: “Canadian Pacific (NYSE:CP) One Of ‘Best-Managed,’ ‘Most Efficient’ Railroads Globally, Stifel Says – Benzinga” on October 12, 2018. More interesting news about Canadian Pacific Railway Limited (NYSE:CP) were released by: Globenewswire.com and their article: “Market Trends Toward New Normal in Canadian Pacific Railway, Koninklijke Philips NV, EnLink Midstream Partners, LP, Black Hills, Dover, and SEI Investments — Emerging Consolidated Expectations, Analyst Ratings – GlobeNewswire” published on December 06, 2018 as well as Streetinsider.com‘s news article titled: “Oil pucks and pellets; Canada eyes new ways to move stranded crude – StreetInsider.com” with publication date: November 11, 2018.

Canadian Pacific Railway Limited (NYSE:CP) Ratings Coverage

Among 8 analysts covering Canadian Pacific (NYSE:CP), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Canadian Pacific had 10 analyst reports since June 22, 2018 according to SRatingsIntel. The stock of Canadian Pacific Railway Limited (NYSE:CP) has “Hold” rating given on Monday, October 8 by Stifel Nicolaus. Argus Research maintained the shares of CP in report on Tuesday, July 31 with “Buy” rating. As per Thursday, July 19, the company rating was maintained by Credit Suisse. The stock has “Buy” rating by Citigroup on Friday, October 5. The firm has “Buy” rating by Deutsche Bank given on Friday, October 5. Bank of America maintained Canadian Pacific Railway Limited (NYSE:CP) on Monday, October 1 with “Buy” rating. Seaport Global maintained Canadian Pacific Railway Limited (NYSE:CP) rating on Friday, June 22. Seaport Global has “Buy” rating and $20500 target. Stifel Nicolaus maintained Canadian Pacific Railway Limited (NYSE:CP) rating on Thursday, July 19. Stifel Nicolaus has “Hold” rating and $207 target. BMO Capital Markets maintained Canadian Pacific Railway Limited (NYSE:CP) rating on Friday, October 5. BMO Capital Markets has “Outperform” rating and $305 target. Deutsche Bank maintained it with “Buy” rating and $248 target in Monday, December 3 report.

Canadian Pacific Railway Limited (NYSE:CP) Ratings Chart

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