Canadian National Railway Compa (NYSE:CNI).
Cgov Asset Management says it sold 734,207 shares in the previous quarter decreasing its stake in Canadian National Railway Compa (CNI) by 36.3%. Its investment was valued at $135,742,000 a decrease of 31.7% as of quarter end.
Here are some other firms who have updated their holdings. As of quarter end Private Capital Advisors, Inc. had sold a total of 150 shares trimming its holdings by 0.3%. The value of the total investment in Canadian National Railway Compa went from $4,246,000 to $4,643,000 increasing 9.3% quarter to quarter. Pennsylvania Trust Co bolstered its position by buying 10,110 shares an increase of 64.2% in the quarter. Pennsylvania Trust Co currently owns 25,868 shares with a value of $2,130,000. The value of the position overall is up by 82.8%.
As of the end of the quarter Creative Planning had disposed of 12,089 shares trimming its stake by 92.4%. The value of the investment in CNI decreased from $968,000 to $0 a change of 100.0% for the reporting period.
On October 28 analysts at Seaport Global initiated coverage with a rating of “Neutral”. On October 17, 2016 the stock rating was set at “Market Perform” according to a Raymond James report which was a cut from the previous “Outperform” rating.
On September 27, 2016 Loop Capital began coverage of CNI setting a rating of “Hold”. September 13 investment analysts at Citigroup left the company rating at “Neutral” but raised the price expectation from $62.00 to $66.00.
On September 12 Barclays made no change to the stock rating of “Equal-weight” and moved up the price target to $68.00 from $67.00. On July 26 the company was changed to a “Outperform” in a report from Raymond James a boost from the previous “Market Perform” rating.
The company is up by 1.53 percent from yesterday’s close. The company also recently declared a dividend paid on Friday June 30th, 2017. The dividend was $0.285 per share for the quarter which is $1.14 annualized. This dividend amount represented a yeild of $1.67. The ex-dividend date was set for Wednesday the 7th of June 2017.
Company shares last traded at $83.85 which is just a bit higher than $78.14, the stock’s 50 day moving average and a tad higher than the 200 day moving average of $72.97. The 50 day moving average went up $5.71 or +7.31% and the 200 day average went up by +14.91%.
The P/E ratio is currently 22.56 and the market cap is 63.40B. As of the last earnings report the EPS was $3.72 and is estimated to be $3.93 for the current year with 756,099,000 shares currently outstanding. Next quarter’s EPS is expected be $1.04 with next year’s EPS anticipated to be $4.32.