Canadian National Railway (TSE:CNR) Senior Officer Sean Finn Sells 960 Shares of Stock

Canadian National Railway (TSE:CNR) (NYSE:CNI) Senior Officer Sean Finn sold 960 shares of Canadian National Railway stock in a transaction dated Friday, March 20th. The shares were sold at an average price of C$104.23, for a total value of C$100,056.00. Following the completion of the transaction, the insider now owns 15,934 shares of the company’s stock, valued at approximately C$1,660,721.15.

Sean Finn also recently made the following trade(s):

  • On Thursday, March 5th, Sean Finn acquired 145 shares of Canadian National Railway stock. The stock was bought at an average price of C$116.05 per share, with a total value of C$16,827.25.
  • On Tuesday, March 3rd, Sean Finn acquired 16 shares of Canadian National Railway stock. The stock was bought at an average price of C$115.04 per share, with a total value of C$1,840.64.
  • On Thursday, February 27th, Sean Finn sold 8,200 shares of Canadian National Railway stock. The shares were sold at an average price of C$115.70, for a total value of C$948,740.00.
  • On Thursday, January 30th, Sean Finn sold 8,000 shares of Canadian National Railway stock. The shares were sold at an average price of C$125.46, for a total value of C$1,003,692.80.

TSE:CNR traded down C$0.11 during trading hours on Thursday, reaching C$105.89. 562,610 shares of the stock were exchanged, compared to its average volume of 1,771,564. The company has a quick ratio of 0.30, a current ratio of 0.66 and a debt-to-equity ratio of 79.25. The firm has a 50 day simple moving average of C$115.32 and a 200-day simple moving average of C$118.68. Canadian National Railway has a 52 week low of C$92.01 and a 52 week high of C$127.96. The stock has a market capitalization of $70.64 billion and a P/E ratio of 18.24.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be issued a dividend of $0.575 per share. This represents a $2.30 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Monday, March 9th. This is an increase from Canadian National Railway’s previous quarterly dividend of $0.54. Canadian National Railway’s dividend payout ratio (DPR) is currently 36.88%.

CNR has been the subject of several recent research reports. CSFB set a C$97.00 price objective on Canadian National Railway and gave the company an “outperform” rating in a research note on Wednesday, January 29th. Credit Suisse Group reissued an “outperform” rating and issued a C$97.00 price target on shares of Canadian National Railway in a report on Wednesday, January 29th. CIBC increased their price target on Canadian National Railway from C$118.00 to C$125.00 in a report on Wednesday, January 15th. Scotiabank raised Canadian National Railway from a “sector perform” rating to an “outperform” rating and reduced their price target for the company from C$126.00 to C$110.00 in a report on Monday, March 16th. Finally, Royal Bank of Canada reduced their price target on Canadian National Railway from C$122.00 to C$109.00 in a report on Friday, March 13th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Canadian National Railway presently has a consensus rating of “Hold” and a consensus target price of C$117.14.

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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