Ghislain Houle Sells 5,741 Shares of Canadian National Railway (TSE:CNR) Stock

Canadian National Railway (TSE:CNR) (NYSE:CNI) Senior Officer Ghislain Houle sold 5,741 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of C$150.82, for a total transaction of C$865,844.99.

Canadian National Railway Trading Up 0.5 %

Canadian National Railway stock opened at C$157.17 on Friday. The company has a 50 day moving average price of C$157.08 and a 200 day moving average price of C$162.62. The company has a debt-to-equity ratio of 107.62, a quick ratio of 0.58 and a current ratio of 0.63. Canadian National Railway has a 52 week low of C$149.22 and a 52 week high of C$181.34. The firm has a market capitalization of C$98.94 billion, a price-to-earnings ratio of 18.66, a P/E/G ratio of 3.38 and a beta of 0.65.

Canadian National Railway Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be issued a dividend of $0.845 per share. The ex-dividend date is Monday, December 9th. This represents a $3.38 dividend on an annualized basis and a dividend yield of 2.15%. Canadian National Railway’s dividend payout ratio is 40.14%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CNR. Raymond James dropped their target price on Canadian National Railway from C$187.00 to C$180.00 and set an “outperform” rating on the stock in a report on Wednesday, September 11th. National Bankshares dropped their price objective on Canadian National Railway from C$181.00 to C$178.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 23rd. ATB Capital lifted their target price on Canadian National Railway from C$167.00 to C$168.00 in a report on Wednesday, October 23rd. UBS Group boosted their price target on shares of Canadian National Railway from C$189.00 to C$190.00 in a research report on Thursday, October 24th. Finally, BMO Capital Markets reduced their price objective on shares of Canadian National Railway from C$182.00 to C$178.00 and set an “outperform” rating for the company in a research report on Wednesday, September 11th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Canadian National Railway has a consensus rating of “Moderate Buy” and an average price target of C$171.07.

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.