Kampmann Melissa S. Has $647,000 Holdings in Canadian National Railway (NYSE:CNI)

Kampmann Melissa S. lessened its holdings in shares of Canadian National Railway (NYSE:CNI) (TSE:CNR) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,370 shares of the transportation company’s stock after selling 230 shares during the quarter. Kampmann Melissa S.’s holdings in Canadian National Railway were worth $647,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of CNI. Quintet Private Bank Europe S.A. bought a new stake in shares of Canadian National Railway during the fourth quarter worth approximately $25,000. Arlington Trust Co LLC bought a new stake in shares of Canadian National Railway during the fourth quarter worth approximately $30,000. Addison Advisors LLC boosted its holdings in shares of Canadian National Railway by 80.2% during the fourth quarter. Addison Advisors LLC now owns 319 shares of the transportation company’s stock worth $32,000 after acquiring an additional 142 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Canadian National Railway by 48.2% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 332 shares of the transportation company’s stock worth $34,000 after acquiring an additional 108 shares during the period. Finally, Kestra Investment Management LLC bought a new stake in shares of Canadian National Railway during the fourth quarter worth approximately $59,000. Institutional investors and hedge funds own 80.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CNI. Loop Capital cut Canadian National Railway from a “hold” rating to a “sell” rating in a report on Monday, February 3rd. Jefferies Financial Group upgraded Canadian National Railway from a “hold” rating to a “buy” rating and set a $120.00 price objective for the company in a report on Friday, January 10th. TD Securities upgraded Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th. Susquehanna cut their price target on Canadian National Railway from $125.00 to $115.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Finally, Royal Bank of Canada cut their price target on Canadian National Railway from $174.00 to $171.00 and set an “outperform” rating for the company in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have issued a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat, Canadian National Railway presently has an average rating of “Moderate Buy” and a consensus target price of $124.19.

Canadian National Railway Trading Up 0.0 %

Shares of CNI stock opened at $97.55 on Thursday. The stock’s fifty day moving average price is $101.43 and its two-hundred day moving average price is $107.49. The company has a market cap of $61.30 billion, a PE ratio of 19.05, a P/E/G ratio of 1.95 and a beta of 0.91. Canadian National Railway has a fifty-two week low of $93.64 and a fifty-two week high of $134.02. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.48 and a current ratio of 0.66.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its earnings results on Thursday, January 30th. The transportation company reported $1.30 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.09). Canadian National Railway had a net margin of 26.09% and a return on equity of 22.48%. Equities analysts predict that Canadian National Railway will post 5.52 EPS for the current fiscal year.

Canadian National Railway Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be paid a $0.6159 dividend. This represents a $2.46 dividend on an annualized basis and a dividend yield of 2.53%. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.61. The ex-dividend date is Monday, March 10th. Canadian National Railway’s dividend payout ratio is presently 47.66%.

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.