Canadian Natural Resources Limited (NYSE:CNQ) Shares Bought by Jamison Private Wealth Management Inc.

Jamison Private Wealth Management Inc. grew its holdings in shares of Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 117.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,719 shares of the oil and gas producer’s stock after purchasing an additional 6,319 shares during the period. Jamison Private Wealth Management Inc.’s holdings in Canadian Natural Resources were worth $362,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of CNQ. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Canadian Natural Resources by 123.0% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 8,920,000 shares of the oil and gas producer’s stock worth $317,766,000 after acquiring an additional 4,920,000 shares during the period. Assenagon Asset Management S.A. increased its stake in Canadian Natural Resources by 6,902.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 3,652,855 shares of the oil and gas producer’s stock worth $112,763,000 after purchasing an additional 3,600,686 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in Canadian Natural Resources by 73.3% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 7,834,264 shares of the oil and gas producer’s stock worth $260,116,000 after acquiring an additional 3,312,442 shares during the period. National Bank of Canada FI boosted its position in Canadian Natural Resources by 63.5% during the 3rd quarter. National Bank of Canada FI now owns 8,233,388 shares of the oil and gas producer’s stock worth $273,417,000 after acquiring an additional 3,198,007 shares during the period. Finally, Fisher Asset Management LLC boosted its position in Canadian Natural Resources by 3.9% during the 3rd quarter. Fisher Asset Management LLC now owns 43,581,024 shares of the oil and gas producer’s stock worth $1,447,326,000 after acquiring an additional 1,651,452 shares during the period. 74.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Desjardins upgraded Canadian Natural Resources from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, October 8th. Four equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Canadian Natural Resources Trading Down 1.1 %

Shares of NYSE CNQ opened at $31.30 on Monday. The stock has a market cap of $65.82 billion, a price-to-earnings ratio of 12.15 and a beta of 1.46. The business has a 50 day simple moving average of $31.96 and a 200 day simple moving average of $33.84. Canadian Natural Resources Limited has a 52 week low of $29.23 and a 52 week high of $41.29. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.53 and a current ratio of 0.84.

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) last announced its quarterly earnings results on Thursday, October 31st. The oil and gas producer reported $0.97 EPS for the quarter, beating the consensus estimate of $0.67 by $0.30. The business had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $6.40 billion. Canadian Natural Resources had a return on equity of 20.07% and a net margin of 18.45%. During the same quarter in the previous year, the business posted $0.96 EPS. On average, research analysts predict that Canadian Natural Resources Limited will post 2.44 earnings per share for the current fiscal year.

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).