Other institutional investors have also recently added to or reduced their stakes in the company. Broderick Brian C lifted its holdings in shares of Canadian National Railway by 0.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 5,913,974 shares of the transportation company's stock valued at $479,249,000 after acquiring an additional 4,636,737 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new stake in shares of Canadian National Railway during the second quarter worth about $2,293,000. Harding Loevner LP raised its stake in shares of Canadian National Railway by 7.4% during the second quarter. Co's holdings in Canadian National Railway were worth $9,007,000 at the end of the most recent quarter. Northwestern Mutual Wealth Management Co. now owns 122,795 shares of the transportation company's stock valued at $9,952,000 after purchasing an additional 5,955 shares in the last quarter. This is an increase from Canadian National Railway's previous quarterly dividend of $0.31. William Blair Investment Management LLC now owns 4,474,642 shares of the transportation company's stock valued at $362,542,000 after acquiring an additional 1,152,495 shares in the last quarter.
COPYRIGHT VIOLATION NOTICE: This story was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another site, it was illegally copied and reposted in violation of United States and global trademark & copyright legislation. Canadian National Railway (USA) (NYSE:CNI) has risen 30.03% since October 24, 2016 and is uptrending. After having $1.34 EPS previously, Canadian National Railway Company's analysts see 0.75 % EPS growth. About shares traded. Canadian National Railway (USA) (NYSE:CNI) has risen 30.03% since October 23, 2016 and is uptrending. Canadian National Railway now has a consensus rating of "Hold" and an average target price of $82.47. CNI's profit would be $808.74 million giving it 18.88 P/E if the $1.08 EPS is correct. The stock decreased 0.80% or $0.66 on October 20, reaching $81.58.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. This represents a $1.31 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date was Thursday, September 7th. Canadian National Railway Company has a 12-month low of $61.72 and a 12-month high of $84.48. Canadian National Railway Company's dividend payout ratio is now 32.75%.
CNI has been the subject of several recent research reports. Credit Suisse Group reiterated a "neutral" rating and set a $84.00 price target (up from $78.00) on shares of Canadian National Railway in a research report on Thursday, July 13th. They noted that the move was a valuation call.
Among 6 analysts covering Gentherm Inc (NASDAQ:THRM), 3 have Buy rating, 0 Sell and 3 Hold. Scotiabank reissued a "sector perform" rating and issued a $87.00 price target on shares of Canadian National Railway Company in a research note on Sunday, October 2nd. Shell Asset Management Co. raised its position in shares of Canadian National Railway Company by 8.4% in the second quarter. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and ten have issued a buy rating to the company. Canadian National Railway has a consensus rating of "Hold" and an average price target of $82.47.
Canadian National Railway Company is engaged in the rail and related transportation business. The Company's network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert, Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America.