Cigna Investments Inc. New Sells 465 Shares of Canadian Natural Resources Limited (NYSE:CNQ)

Cigna Investments Inc. New cut its position in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,349 shares of the oil and gas producer’s stock after selling 465 shares during the quarter. Cigna Investments Inc. New’s holdings in Canadian Natural Resources were worth $1,214,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new stake in shares of Canadian Natural Resources during the second quarter worth about $276,000. Carnegie Investment Counsel grew its stake in shares of Canadian Natural Resources by 0.9% during the third quarter. Carnegie Investment Counsel now owns 88,416 shares of the oil and gas producer’s stock worth $2,936,000 after acquiring an additional 783 shares during the last quarter. Sound Income Strategies LLC purchased a new stake in shares of Canadian Natural Resources during the third quarter worth about $46,000. Creative Planning grew its stake in shares of Canadian Natural Resources by 15.8% during the third quarter. Creative Planning now owns 92,067 shares of the oil and gas producer’s stock worth $3,058,000 after acquiring an additional 12,570 shares during the last quarter. Finally, Jamison Private Wealth Management Inc. purchased a new stake in shares of Canadian Natural Resources during the third quarter worth about $179,000. 74.03% of the stock is currently owned by institutional investors.

Canadian Natural Resources Price Performance

Shares of CNQ stock opened at $30.65 on Tuesday. Canadian Natural Resources Limited has a fifty-two week low of $28.65 and a fifty-two week high of $41.29. The firm has a market capitalization of $64.47 billion, a price-to-earnings ratio of 11.90 and a beta of 1.45. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.53 and a current ratio of 0.84. The stock’s 50-day simple moving average is $31.32 and its 200-day simple moving average is $33.48.

Canadian Natural Resources 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).