Canadian National Railway (TSE:CNR) (NYSE:CNI) insider Cascade Investment, L.L.C. purchased 89,301 shares of Canadian National Railway stock in a transaction that occurred on Monday, August 12th. The stock was acquired at an average price of C$122.77 per share, for a total transaction of C$10,963,628.08. Following the transaction, the insider now directly owns 101,142,566 shares of the company’s stock, valued at approximately C$12,417,436,274.21.

Cascade Investment, L.L.C. also recently made the following trade(s):

  • On Friday, August 9th, Cascade Investment, L.L.C. purchased 188,936 shares of Canadian National Railway stock. The stock was acquired at an average price of C$123.84 per share, for a total transaction of C$23,398,063.23.
  • On Wednesday, August 7th, Cascade Investment, L.L.C. purchased 143,188 shares of Canadian National Railway stock. The stock was acquired at an average price of C$121.34 per share, for a total transaction of C$17,374,575.11.

TSE CNR opened at C$120.50 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.69 and a debt-to-equity ratio of 77.28. The company has a fifty day moving average of C$122.78 and a two-hundred day moving average of C$120.22. The firm has a market capitalization of $89.56 billion and a price-to-earnings ratio of 19.87. Canadian National Railway has a 52 week low of C$96.46 and a 52 week high of C$127.96.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 9th will be paid a dividend of $0.5375 per share. This represents a $2.15 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Friday, September 6th. Canadian National Railway’s payout ratio is 32.74%.

Several brokerages recently weighed in on CNR. Desjardins boosted their price target on shares of Canadian National Railway from C$128.00 to C$129.00 and gave the stock a “hold” rating in a research report on Wednesday, July 24th. Cormark boosted their price target on shares of Canadian National Railway from C$99.00 to C$101.00 in a research report on Wednesday, July 24th. Royal Bank of Canada boosted their price target on shares of Canadian National Railway from C$127.00 to C$128.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 24th. National Bank Financial reduced their price target on shares of Canadian National Railway from C$126.00 to C$124.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 27th. Finally, CIBC boosted their price target on shares of Canadian National Railway from C$124.00 to C$126.00 in a research report on Wednesday, July 24th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Canadian National Railway has an average rating of “Hold” and an average price target of C$125.09.

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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Insider Buying and Selling by Quarter for Canadian National Railway (TSE:CNR)

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