2 weeks Ago By ABMN Staff
Townsquare Capital LLC grew its position in shares of Canadian Natural Resources Limited ( NYSE:CNQ – Free Report ) (TSE:CNQ) by 11.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,610 shares of the oil and gas producer’s stock after purchasing an additional 1,168 shares during the period.
Townsquare Capital LLC’s holdings in Canadian Natural Resources were worth $358,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also modified their holdings of the company. Covestor Ltd lifted its holdings in Canadian Natural Resources by 14.
3% during the 4th quarter. Covestor Ltd now owns 11,590 shares of the oil and gas producer’s stock worth $358,000 after buying an additional 1,450 shares in the last quarter. Scotia Capital Inc.
boosted its holdings in Canadian Natural Resources by 5.8% in the fourth quarter. Scotia Capital Inc.
now owns 5,969,882 shares of the oil and gas producer’s stock valued at $183,954,000 after purchasing an additional 329,555 shares during the period. Bessemer Group Inc. grew its stake in Canadian Natural Resources by 314.
8% during the 4th quarter. Bessemer Group Inc. now owns 522,458 shares of the oil and gas producer’s stock worth $16,113,000 after purchasing an additional 396,491 shares in the last quarter.
CenterBook Partners LP increased its holdings in Canadian Natural Resources by 12.3% during the 4th quarter. CenterBook Partners LP now owns 46,020 shares of the oil and gas producer’s stock worth $1,421,000 after purchasing an additional 5,023 shares during the period.
Finally, Raymond James Financial Inc. purchased a new position in shares of Canadian Natural Resources in the 4th quarter valued at about $38,441,000. 74.
03% of the stock is currently owned by hedge funds and other institutional investors. Canadian Natural Resources Trading Down 0.4 % CNQ opened at $28.
69 on Tuesday. The firm has a market cap of $60.18 billion, a price-to-earnings ratio of 11.
14 and a beta of 1.10. Canadian Natural Resources Limited has a 52 week low of $24.
65 and a 52 week high of $39.20. The business’s 50 day moving average is $28.
99 and its two-hundred day moving average is $31.46. The company has a quick ratio of 0.
53, a current ratio of 0.84 and a debt-to-equity ratio of 0.21.
Canadian Natural Resources Increases Dividend Wall Street Analyst Weigh In Several analysts recently weighed in on CNQ shares. Raymond James raised shares of Canadian Natural Resources from a “market perform” rating to an “outperform” rating in a report on Wednesday, April 9th. Royal Bank of Canada reiterated an “outperform” rating and set a $63.
00 target price on shares of Canadian Natural Resources in a research note on Thursday, March 27th. Evercore ISI raised Canadian Natural Resources from an “in-line” rating to an “outperform” rating in a report on Friday, March 7th. Scotiabank upgraded Canadian Natural Resources from a “sector perform” rating to a “sector outperform” rating in a report on Wednesday, March 19th.
Finally, Tudor Pickering cut Canadian Natural Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.
com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $63.00. Get Our Latest Stock Report on Canadian Natural Resources Canadian Natural Resources Company Profile ( Free Report ) Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs).
The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). Featured Stories Want to see what other hedge funds are holding CNQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Canadian Natural Resources Limited ( NYSE:CNQ – Free Report ) (TSE:CNQ).
Receive News & Ratings for Canadian Natural Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Natural Resources and related companies with MarketBeat.com's FREE daily email newsletter ..
