Canadian National Railway Company (CNI) is Windward Capital Management Co. CA’s 8th Largest Position

Windward Capital Management Co. CA decreased its stake in Canadian National Railway Company (NYSE:CNI) (TSE:CNR) by 0.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 236,736 shares of the transportation company’s stock after selling 659 shares during the period. Canadian National Railway makes up 3.2% of Windward Capital Management Co. CA’s investment portfolio, making the stock its 8th largest holding. Windward Capital Management Co. CA’s holdings in Canadian National Railway were worth $19,613,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hall Laurie J Trustee lifted its stake in shares of Canadian National Railway by 4.1% in the second quarter. Hall Laurie J Trustee now owns 1,275 shares of the transportation company’s stock valued at $103,000 after purchasing an additional 50 shares during the period. City Holding Co. lifted its stake in shares of Canadian National Railway by 15.4% in the second quarter. City Holding Co. now owns 1,313 shares of the transportation company’s stock valued at $106,000 after purchasing an additional 175 shares during the period. Bronfman E.L. Rothschild L.P. lifted its stake in shares of Canadian National Railway by 0.9% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,416 shares of the transportation company’s stock valued at $115,000 after purchasing an additional 12 shares during the period. UBS Asset Management Americas Inc. acquired a new stake in shares of Canadian National Railway in the first quarter valued at about $123,000. Finally, Proficio Capital Partners LLC lifted its stake in shares of Canadian National Railway by 151.9% in the first quarter. Proficio Capital Partners LLC now owns 1,768 shares of the transportation company’s stock valued at $135,000 after purchasing an additional 1,066 shares during the period. Hedge funds and other institutional investors own 54.44% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Canadian National Railway Company (CNI) is Windward Capital Management Co. CA’s 8th Largest Position” was originally reported by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://transcriptdaily.com/2017/10/23/canadian-national-railway-company-cni-is-windward-capital-management-co-cas-8th-largest-position.html.

Several analysts recently commented on the stock. Credit Suisse Group reiterated a “neutral” rating and issued a $84.00 price objective (up previously from $78.00) on shares of Canadian National Railway in a research note on Thursday, July 13th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Canadian National Railway from a “hold” rating to a “buy” rating and set a $93.00 target price for the company in a report on Tuesday, July 11th. Cowen and Company restated a “buy” rating and set a $83.00 target price on shares of Canadian National Railway in a report on Sunday, September 24th. BidaskClub downgraded shares of Canadian National Railway from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Finally, Stifel Nicolaus restated a “hold” rating and set a $89.00 target price on shares of Canadian National Railway in a report on Friday, October 6th. Fourteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Canadian National Railway has a consensus rating of “Hold” and an average target price of $82.47.

Shares of Canadian National Railway Company (CNI) traded up 0.40% during midday trading on Monday, hitting $81.91. 110,386 shares of the stock were exchanged. Canadian National Railway Company has a one year low of $61.72 and a one year high of $84.48. The stock’s 50-day moving average price is $81.45 and its 200 day moving average price is $78.97. The stock has a market cap of $61.51 billion, a P/E ratio of 19.58 and a beta of 1.13.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 8th were issued a $0.3276 dividend. This is an increase from Canadian National Railway’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Thursday, September 7th. This represents a $1.31 dividend on an annualized basis and a dividend yield of 1.61%. Canadian National Railway’s dividend payout ratio is currently 34.38%.

Canadian National Railway Company Profile

Canadian National Railway Company is engaged in the rail and related transportation business. The Company’s network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America.

Institutional Ownership by Quarter for Canadian National Railway (NYSE:CNI)

Receive News & Ratings for Canadian National Railway Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian National Railway Company and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply