Simon Quick Advisors LLC Has $203,000 Position in Canadian Natural Resources Limited (NYSE:CNQ)

Simon Quick Advisors LLC lessened its stake in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 30.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,585 shares of the oil and gas producer’s stock after selling 2,847 shares during the quarter. Simon Quick Advisors LLC’s holdings in Canadian Natural Resources were worth $203,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CNQ. Stokes Capital Advisors LLC increased its stake in shares of Canadian Natural Resources by 2.0% in the fourth quarter. Stokes Capital Advisors LLC now owns 174,684 shares of the oil and gas producer’s stock worth $5,392,000 after acquiring an additional 3,383 shares during the last quarter. Clarius Group LLC increased its position in Canadian Natural Resources by 9.9% in the 4th quarter. Clarius Group LLC now owns 7,788 shares of the oil and gas producer’s stock worth $240,000 after purchasing an additional 702 shares during the last quarter. Galibier Capital Management Ltd. raised its stake in shares of Canadian Natural Resources by 2.2% during the 4th quarter. Galibier Capital Management Ltd. now owns 795,332 shares of the oil and gas producer’s stock worth $24,542,000 after purchasing an additional 17,370 shares in the last quarter. Verity & Verity LLC lifted its holdings in shares of Canadian Natural Resources by 12.0% during the 4th quarter. Verity & Verity LLC now owns 297,487 shares of the oil and gas producer’s stock valued at $9,183,000 after buying an additional 31,935 shares during the last quarter. Finally, Merit Financial Group LLC bought a new stake in shares of Canadian Natural Resources in the 4th quarter valued at approximately $285,000. Hedge funds and other institutional investors own 74.03% of the company’s stock.

Canadian Natural Resources Trading Down 1.1 %

Canadian Natural Resources stock opened at $31.30 on Friday. Canadian Natural Resources Limited has a one year low of $29.23 and a one year high of $41.29. The company’s fifty day moving average price is $32.00 and its two-hundred day moving average price is $33.88. The company has a market capitalization of $65.82 billion, a price-to-earnings ratio of 12.15 and a beta of 1.46. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.84 and a quick ratio of 0.53.

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) last issued its quarterly earnings data on Thursday, October 31st. The oil and gas producer reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.30. The business had revenue of $7.62 billion for the quarter, compared to the consensus estimate 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 period last year, the business earned $0.96 EPS. On average, analysts forecast that Canadian Natural Resources Limited will post 2.44 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Desjardins upgraded shares of Canadian Natural Resources from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, October 8th. Four investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

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).