Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Denis Losier sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of C$104.48, for a total transaction of C$208,960.00. Following the completion of the transaction, the director now directly owns 167,254 shares in the company, valued at approximately C$17,474,697.92.
Denis Losier also recently made the following trade(s):
- On Thursday, March 19th, Denis Losier sold 2,000 shares of Canadian National Railway stock. The stock was sold at an average price of C$104.00, for a total transaction of C$207,990.00.
TSE CNR opened at C$109.35 on Friday. Canadian National Railway has a 12 month low of C$92.01 and a 12 month high of C$127.96. The stock has a market cap of $70.64 billion and a price-to-earnings ratio of 18.76. The company’s 50 day moving average is C$114.94 and its two-hundred day moving average is C$118.59. The company has a current ratio of 0.66, a quick ratio of 0.30 and a debt-to-equity ratio of 79.25.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.575 per share. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Monday, March 9th. This represents a $2.30 dividend on an annualized basis and a yield of 2.10%. Canadian National Railway’s dividend payout ratio (DPR) is presently 36.88%.
A number of equities analysts recently issued reports on the stock. Scotiabank raised shares of Canadian National Railway from a “sector perform” rating to an “outperform” rating and dropped their price objective for the stock from C$126.00 to C$110.00 in a report on Monday, March 16th. National Bank Financial dropped their price objective on shares of Canadian National Railway from C$125.00 to C$113.00 and set a “sector perform” rating on the stock in a report on Wednesday, March 11th. Credit Suisse Group reissued an “outperform” rating and issued a C$97.00 price objective on shares of Canadian National Railway in a report on Wednesday, January 29th. UBS Group raised their price objective on shares of Canadian National Railway from C$123.00 to C$130.00 in a report on Wednesday, January 29th. Finally, TD Securities raised their price objective on shares of Canadian National Railway from C$135.00 to C$140.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of C$117.14.
Canadian National Railway Company Profile
Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.
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