Canadian National Railway (TSE:CNR) Senior Officer Sells C$314,215.28 in Stock

Canadian National Railway (TSE:CNR) (NYSE:CNI) Senior Officer Sean Finn sold 2,426 shares of the company’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of C$129.52, for a total value of C$314,215.28. Following the completion of the sale, the insider now owns 15,613 shares of the company’s stock, valued at approximately C$2,022,194.20.

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

  • On Tuesday, June 23rd, Sean Finn sold 5,000 shares of Canadian National Railway stock. The stock was sold at an average price of C$118.98, for a total value of C$594,921.00.
  • On Friday, June 12th, Sean Finn sold 163 shares of Canadian National Railway stock. The stock was sold at an average price of C$120.17, for a total value of C$19,587.71.
  • On Thursday, May 28th, Sean Finn sold 210 shares of Canadian National Railway stock. The stock was sold at an average price of C$119.15, for a total value of C$25,020.45.
  • On Monday, May 4th, Sean Finn sold 314 shares of Canadian National Railway stock. The stock was sold at an average price of C$111.49, for a total value of C$35,007.86.

TSE:CNR opened at C$130.84 on Friday. The firm has a market capitalization of $93.12 billion and a price-to-earnings ratio of 25.90. Canadian National Railway has a 1 year low of C$92.01 and a 1 year high of C$132.17. The business has a 50 day simple moving average of C$122.87 and a 200-day simple moving average of C$117.46. The company has a debt-to-equity ratio of 77.22, a current ratio of 0.97 and a quick ratio of 0.53.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 9th will be paid a $0.575 dividend. This represents a $2.30 annualized dividend and a dividend yield of 1.76%. The ex-dividend date is Tuesday, September 8th. Canadian National Railway’s payout ratio is 44.04%.

Several analysts recently issued reports on the company. CIBC increased their target price on Canadian National Railway from C$125.00 to C$130.00 in a research report on Wednesday, July 22nd. TD Securities increased their target price on Canadian National Railway from C$140.00 to C$145.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Royal Bank of Canada increased their target price on Canadian National Railway from C$107.00 to C$112.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 28th. Raymond James raised their price target on Canadian National Railway from C$125.00 to C$135.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Finally, Desjardins restated a “hold” rating on shares of Canadian National Railway in a report on Sunday, April 19th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of C$124.91.

About Canadian National Railway

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.

Further Reading: Market Timing

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

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