Canadian National Railway (TSE:CNR) Director Acquires C$88,307.74 in Stock

Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Shauneen Elizabeth Bruder bought 608 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were bought at an average cost of C$145.24 per share, with a total value of C$88,307.74.

Shauneen Elizabeth Bruder also recently made the following trade(s):

• On Wednesday, September 25th, Shauneen Elizabeth Bruder purchased 543 shares of Canadian National Railway stock. The stock was bought at an average cost of C$157.53 per share, with a total value of C$85,539.88.

Canadian National Railway Stock Performance

Shares of CNR stock opened at C$148.07 on Thursday. The firm’s 50 day moving average is C$152.75 and its 200 day moving average is C$157.67. The stock has a market capitalization of C$93.21 billion, a P/E ratio of 17.59, a PEG ratio of 3.38 and a beta of 0.65. Canadian National Railway has a 12 month low of C$143.72 and a 12 month high of C$181.34. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 107.62.

Canadian National Railway Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be given a dividend of $0.845 per share. This represents a $3.38 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Monday, December 9th. Canadian National Railway’s dividend payout ratio is presently 40.14%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on CNR shares. Scotiabank cut their price objective on Canadian National Railway from C$187.00 to C$180.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 11th. National Bankshares dropped their price target on shares of Canadian National Railway from C$181.00 to C$178.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. Citigroup upgraded shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 12th. UBS Group lifted their target price on shares of Canadian National Railway from C$189.00 to C$190.00 in a research note on Thursday, October 24th. Finally, Royal Bank of Canada raised Canadian National Railway from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from C$169.00 to C$179.00 in a research note on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, seven have given a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$171.07.

About Canadian National Railway

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.