20,000 Shares in Canadian National Railway (NYSE:CNI) Purchased by BW Gestao de Investimentos Ltda.

BW Gestao de Investimentos Ltda. purchased a new stake in Canadian National Railway (NYSE:CNI - Free Report) TSE: CNR in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 20,000 shares of the transportation company's stock, valued at approximately $2,030,000.

Several other institutional investors have also added to or reduced their stakes in the business. Quintet Private Bank Europe S.A. purchased a new stake in Canadian National Railway during the 4th quarter worth approximately $25,000. Arlington Trust Co LLC acquired a new stake in shares of Canadian National Railway during the fourth quarter worth $30,000. Lee Danner & Bass Inc. purchased a new stake in shares of Canadian National Railway during the fourth quarter valued at $30,000. Addison Advisors LLC increased its position in shares of Canadian National Railway by 80.2% in the 4th quarter. Addison Advisors LLC now owns 319 shares of the transportation company's stock valued at $32,000 after acquiring an additional 142 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Canadian National Railway by 48.2% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 332 shares of the transportation company's stock valued at $34,000 after acquiring an additional 108 shares during the period. Institutional investors and hedge funds own 80.74% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Royal Bank of Canada dropped their price target on Canadian National Railway from $165.00 to $163.00 and set an "outperform" rating on the stock in a research note on Friday. Citigroup cut their price target on shares of Canadian National Railway from $122.00 to $114.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Loop Capital cut shares of Canadian National Railway from a "hold" rating to a "sell" rating in a research note on Monday, February 3rd. Stephens lifted their price objective on shares of Canadian National Railway from $105.00 to $109.00 and gave the company an "equal weight" rating in a research note on Friday. Finally, Jefferies Financial Group cut their price objective on shares of Canadian National Railway from $120.00 to $110.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Canadian National Railway has an average rating of "Moderate Buy" and an average price target of $119.27.

Canadian National Railway Price Performance

Shares of NYSE:CNI traded down $0.19 during trading on Tuesday, reaching $98.50. 913,275 shares of the company's stock traded hands, compared to its average volume of 1,295,774. The company has a quick ratio of 0.48, a current ratio of 0.66 and a debt-to-equity ratio of 0.94. Canadian National Railway has a fifty-two week low of $91.65 and a fifty-two week high of $129.18. The company has a 50-day simple moving average of $97.98 and a 200-day simple moving average of $102.89. The firm has a market cap of $61.90 billion, a PE ratio of 19.24, a P/E/G ratio of 1.95 and a beta of 0.97.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last issued its quarterly earnings data on Thursday, May 1st. The transportation company reported $1.29 EPS for the quarter, beating the consensus estimate of $1.26 by $0.03. The company had revenue of $3.06 billion for the quarter, compared to analyst estimates of $4.38 billion. Canadian National Railway had a return on equity of 22.48% and a net margin of 26.09%. Canadian National Railway's quarterly revenue was up 3.6% compared to the same quarter last year. During the same period last year, the company earned $1.72 earnings per share. As a group, analysts predict that Canadian National Railway will post 5.52 earnings per share for the current year.

Canadian National Railway Company 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.