Mount Yale Investment Advisors LLC acquired a new stake in Canadian National Railway (NYSE:CNI – Free Report) (TSE:CNR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,292 shares of the transportation company’s stock, valued at approximately $233,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Renaissance Technologies LLC bought a new position in Canadian National Railway during the 2nd quarter valued at approximately $1,725,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Canadian National Railway by 11.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 13,687 shares of the transportation company’s stock valued at $1,617,000 after acquiring an additional 1,445 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Canadian National Railway by 34.0% during the second quarter. NewEdge Advisors LLC now owns 7,464 shares of the transportation company’s stock valued at $882,000 after acquiring an additional 1,892 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in Canadian National Railway by 10.0% in the second quarter. B. Riley Wealth Advisors Inc. now owns 4,573 shares of the transportation company’s stock worth $540,000 after acquiring an additional 417 shares during the period. Finally, Truist Financial Corp increased its position in Canadian National Railway by 6.4% during the 2nd quarter. Truist Financial Corp now owns 25,546 shares of the transportation company’s stock valued at $3,018,000 after purchasing an additional 1,534 shares during the period. 80.74% of the stock is owned by institutional investors.
Canadian National Railway Price Performance
Shares of CNI opened at $105.51 on Thursday. The company has a market capitalization of $66.35 billion, a P/E ratio of 16.91, a price-to-earnings-growth ratio of 2.36 and a beta of 0.91. Canadian National Railway has a twelve month low of $98.96 and a twelve month high of $134.02. The company has a quick ratio of 0.49, a current ratio of 0.64 and a debt-to-equity ratio of 0.96. The firm has a 50 day moving average of $104.72 and a 200 day moving average of $111.16.
Analysts Set New Price Targets
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.
See Also
- Five stocks we like better than Canadian National Railway
- The Significance of Brokerage Rankings in Stock Selection
- How to Short Sell Stocks Like a Pro: Strategies and Tips
- How to Choose Top Rated Stocks
- 3 Steel Stocks Soaring After Tariff Announcements
- Overbought Stocks Explained: Should You Trade Them?
- Top Analysts’ Picks for 2025: 3 of Morgan Stanley’s Favorites
Want to see what other hedge funds are holding CNI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Canadian National Railway (NYSE:CNI – Free Report) (TSE:CNR).
Receive News & Ratings for Canadian National Railway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian National Railway and related companies with MarketBeat.com's FREE daily email newsletter.