Canadian National Railway (NYSE:CNI) Shares Sold by Private Capital Advisors Inc.

Private Capital Advisors Inc. lowered its position in Canadian National Railway (NYSE:CNI) (TSE:CNR) by 2.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,494 shares of the transportation company’s stock after selling 1,289 shares during the period. Canadian National Railway comprises approximately 0.5% of Private Capital Advisors Inc.’s investment portfolio, making the stock its 27th biggest position. Private Capital Advisors Inc.’s holdings in Canadian National Railway were worth $4,517,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Fortitude Family Office LLC increased its holdings in Canadian National Railway by 738.7% in the 3rd quarter. Fortitude Family Office LLC now owns 260 shares of the transportation company’s stock worth $30,000 after acquiring an additional 229 shares in the last quarter. Coastline Trust Co purchased a new stake in shares of Canadian National Railway during the third quarter worth about $34,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Canadian National Railway by 48.2% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 332 shares of the transportation company’s stock worth $34,000 after purchasing an additional 108 shares during the last quarter. Reston Wealth Management LLC purchased a new position in Canadian National Railway in the 3rd quarter valued at about $41,000. Finally, Sanctuary Wealth Management L.L.C. acquired a new stake in Canadian National Railway in the 3rd quarter worth about $56,000. Institutional investors and hedge funds own 80.74% of the company’s stock.

Canadian National Railway Stock Up 1.8 %

Canadian National Railway stock opened at $106.26 on Friday. The firm has a 50 day moving average price of $104.94 and a 200 day moving average price of $111.55. Canadian National Railway has a fifty-two week low of $98.96 and a fifty-two week high of $134.02. The company has a market capitalization of $66.82 billion, a PE ratio of 17.03, a price-to-earnings-growth ratio of 2.36 and a beta of 0.91. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.49 and a current ratio of 0.64.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its quarterly earnings results on Tuesday, October 22nd. The transportation company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.70 by $0.02. The company had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.08 billion. Canadian National Railway had a net margin of 31.65% and a return on equity of 23.62%. The firm’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.26 EPS. Research analysts expect that Canadian National Railway will post 5.15 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CNI. Susquehanna lowered their price target on Canadian National Railway from $125.00 to $115.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. JPMorgan Chase & Co. raised shares of Canadian National Railway from a “neutral” rating to an “overweight” rating in a research note on Tuesday, January 7th. Sanford C. Bernstein reduced their target price on shares of Canadian National Railway from $130.67 to $126.29 and set a “market perform” rating for the company in a research report on Wednesday, October 9th. Royal Bank of Canada restated an “outperform” rating and set a $174.00 price target on shares of Canadian National Railway in a research report on Friday, January 10th. Finally, Evercore ISI raised shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and four have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $124.02.

Canadian National Railway Company Profile

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.