55,774 Shares in Canadian National Railway (NYSE:CNI) Purchased by Rothschild & Co Wealth Management UK Ltd

Rothschild & Co Wealth Management UK Ltd purchased a new position in Canadian National Railway (NYSE:CNI) (TSE:CNR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 55,774 shares of the transportation company’s stock, valued at approximately $5,662,000. Canadian National Railway makes up 0.1% of Rothschild & Co Wealth Management UK Ltd’s portfolio, making the stock its 21st largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Fortitude Family Office LLC boosted its position in shares of Canadian National Railway by 738.7% during the third quarter. Fortitude Family Office LLC now owns 260 shares of the transportation company’s stock valued at $30,000 after buying an additional 229 shares during the period. Coastline Trust Co purchased a new stake in shares of Canadian National Railway in the third quarter valued at approximately $34,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in Canadian National Railway by 48.2% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 332 shares of the transportation company’s stock worth $34,000 after buying an additional 108 shares in the last quarter. Reston Wealth Management LLC bought a new position in Canadian National Railway in the third quarter worth approximately $41,000. Finally, Sanctuary Wealth Management L.L.C. bought a new position in Canadian National Railway in the third quarter worth approximately $56,000. Hedge funds and other institutional investors own 80.74% of the company’s stock.

Canadian National Railway Stock Up 0.7 %

Shares of NYSE CNI opened at $104.43 on Thursday. The company has a 50 day simple moving average of $105.08 and a 200-day simple moving average of $111.60. The company has a market capitalization of $65.67 billion, a P/E ratio of 16.74, a P/E/G ratio of 2.34 and a beta of 0.91. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.64 and a quick ratio of 0.49. Canadian National Railway has a 1 year low of $98.96 and a 1 year high of $134.02.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last posted its quarterly earnings data on Tuesday, October 22nd. The transportation company reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. The firm had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.08 billion. Canadian National Railway had a net margin of 31.65% and a return on equity of 23.62%. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the company posted $1.26 EPS. On average, equities research analysts predict that Canadian National Railway will post 5.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CNI. Wells Fargo & Company reduced their price objective on shares of Canadian National Railway from $125.00 to $123.00 and set an “overweight” rating for the company in a research note on Monday, January 13th. JPMorgan Chase & Co. raised Canadian National Railway from a “neutral” rating to an “overweight” rating in a research report on Tuesday, January 7th. Evercore ISI raised Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 19th. Stifel Nicolaus raised shares of Canadian National Railway from a “hold” rating to a “buy” rating and dropped their price objective for the company from $132.00 to $120.00 in a report on Thursday, January 16th. Finally, Citigroup raised shares of Canadian National Railway from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $126.00 to $130.00 in a report on Tuesday, November 12th. One 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat, Canadian National Railway presently has an average rating of “Moderate Buy” and a consensus price target of $124.02.

Canadian National Railway 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.