PDS Planning Inc Buys 89 Shares of Canadian National Railway (NYSE:CNI)

PDS Planning Inc lifted its stake in shares of Canadian National Railway (NYSE:CNI) (TSE:CNR) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,566 shares of the transportation company’s stock after purchasing an additional 89 shares during the quarter. PDS Planning Inc’s holdings in Canadian National Railway were worth $574,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JFS Wealth Advisors LLC grew its holdings in shares of Canadian National Railway by 241.1% during the 3rd quarter. JFS Wealth Advisors LLC now owns 324 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 229 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Canadian National Railway by 121.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the transportation company’s stock valued at $40,000 after purchasing an additional 202 shares during the last quarter. Keener Financial Planning LLC bought a new stake in shares of Canadian National Railway during the 4th quarter valued at approximately $46,000. Rational Advisors LLC bought a new stake in shares of Canadian National Railway during the 3rd quarter valued at approximately $41,000. Finally, Crewe Advisors LLC acquired a new stake in Canadian National Railway during the 3rd quarter worth approximately $43,000. 80.74% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on CNI. TD Securities downgraded shares of Canadian National Railway from a “buy” rating to a “hold” rating in a research report on Monday, January 8th. Wells Fargo & Company lifted their target price on shares of Canadian National Railway from $110.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 24th. Benchmark reiterated a “hold” rating on shares of Canadian National Railway in a research report on Wednesday, April 10th. Stephens lifted their target price on shares of Canadian National Railway from $122.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 4th. Finally, Susquehanna cut their target price on shares of Canadian National Railway from $143.00 to $140.00 and set a “neutral” rating on the stock in a research report on Thursday, March 28th. Eighteen equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $147.52.

Canadian National Railway Stock Up 0.7 %

Shares of Canadian National Railway stock traded up $0.85 during trading on Tuesday, reaching $130.17. 520,041 shares of the company traded hands, compared to its average volume of 986,124. The firm has a market capitalization of $83.14 billion, a PE ratio of 20.40, a P/E/G ratio of 2.22 and a beta of 0.88. The company has a 50 day moving average price of $129.72 and a 200-day moving average price of $122.04. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.61 and a quick ratio of 0.47. Canadian National Railway has a 1-year low of $103.96 and a 1-year high of $134.02.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last announced its quarterly earnings results on Tuesday, January 23rd. The transportation company reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.02. The business had revenue of $3.28 billion during the quarter, compared to analyst estimates of $3.25 billion. Canadian National Railway had a net margin of 33.38% and a return on equity of 23.56%. As a group, equities research analysts expect that Canadian National Railway will post 5.94 earnings per share for the current fiscal year.

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.