OneDigital Investment Advisors LLC Has $282,000 Holdings in Canadian National Railway (NYSE:CNI)

OneDigital Investment Advisors LLC trimmed its holdings in Canadian National Railway (NYSE:CNI - Free Report) TSE: CNR by 92.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,774 shares of the transportation company's stock after selling 36,159 shares during the period. OneDigital Investment Advisors LLC's holdings in Canadian National Railway were worth $282,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of CNI. Vanguard Group Inc. boosted its stake in shares of Canadian National Railway by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 22,986,678 shares of the transportation company's stock valued at $2,334,251,000 after purchasing an additional 101,228 shares in the last quarter. Capital International Investors boosted its position in shares of Canadian National Railway by 12.8% during the fourth quarter. Capital International Investors now owns 11,822,063 shares of the transportation company's stock valued at $1,199,680,000 after buying an additional 1,341,133 shares during the last quarter. TD Asset Management Inc. grew its stake in shares of Canadian National Railway by 2.7% during the 4th quarter. TD Asset Management Inc. now owns 11,768,500 shares of the transportation company's stock valued at $1,194,443,000 after purchasing an additional 309,210 shares during the period. Fiera Capital Corp grew its holdings in Canadian National Railway by 2.6% during the fourth quarter. Fiera Capital Corp now owns 5,624,594 shares of the transportation company's stock valued at $570,550,000 after purchasing an additional 142,070 shares during the period. Finally, Norges Bank purchased a new stake in Canadian National Railway in the 4th quarter worth $563,048,000. Institutional investors own 80.74% of the company's stock.

Analyst Upgrades and Downgrades

CNI has been the topic of several recent analyst reports. Susquehanna reduced their price target on Canadian National Railway from $115.00 to $113.00 and set a "neutral" rating on the stock in a report on Thursday, March 27th. Bank of America cut their price target on Canadian National Railway from $119.00 to $112.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 8th. TD Securities raised shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 13th. Citigroup lowered their target price on Canadian National Railway from $122.00 to $114.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Finally, Stifel Nicolaus lowered their price target on Canadian National Railway from $125.00 to $115.00 and set a "buy" rating for the company in a report on Monday, April 14th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $118.69.

Canadian National Railway Stock Up 6.1 %

CNI stock traded up $5.79 during midday trading on Friday, hitting $101.41. The company's stock had a trading volume of 3,675,528 shares, compared to its average volume of 1,292,554. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.66 and a quick ratio of 0.48. The company's fifty day moving average price is $98.02 and its 200 day moving average price is $103.29. The stock has a market capitalization of $63.74 billion, a P/E ratio of 19.81, a PEG ratio of 1.95 and a beta of 0.93. Canadian National Railway has a twelve month low of $91.65 and a twelve month high of $129.18.

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