Dynasty Wealth Management LLC Has $844,000 Stock Holdings in Canadian Natural Resources Limited (NYSE:CNQ)

Dynasty Wealth Management LLC lowered its position in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 5.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,344 shares of the oil and gas producer’s stock after selling 1,507 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Canadian Natural Resources were worth $844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Holocene Advisors LP acquired a new position in Canadian Natural Resources in the 3rd quarter valued at approximately $13,700,000. SG Americas Securities LLC increased its holdings in Canadian Natural Resources by 6.3% in the fourth quarter. SG Americas Securities LLC now owns 296,424 shares of the oil and gas producer’s stock valued at $9,151,000 after purchasing an additional 17,694 shares during the period. Principal Securities Inc. raised its position in Canadian Natural Resources by 595.2% during the 4th quarter. Principal Securities Inc. now owns 6,987 shares of the oil and gas producer’s stock worth $216,000 after purchasing an additional 5,982 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in Canadian Natural Resources by 5.6% during the 4th quarter. CIBC Asset Management Inc now owns 24,109,432 shares of the oil and gas producer’s stock worth $746,025,000 after buying an additional 1,270,945 shares during the period. Finally, Baskin Financial Services Inc. grew its position in shares of Canadian Natural Resources by 1.1% in the 4th quarter. Baskin Financial Services Inc. now owns 996,151 shares of the oil and gas producer’s stock valued at $30,736,000 after buying an additional 10,871 shares during the last quarter. Institutional investors own 74.03% of the company’s stock.

Canadian Natural Resources Stock Down 0.2 %

Shares of NYSE:CNQ opened at $28.25 on Friday. Canadian Natural Resources Limited has a 1 year low of $27.66 and a 1 year high of $41.29. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.84 and a quick ratio of 0.53. The business’s 50-day moving average is $30.73 and its 200-day moving average is $33.02. The company has a market capitalization of $59.38 billion, a price-to-earnings ratio of 10.97 and a beta of 1.45.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CNQ. Royal Bank of Canada restated an “outperform” rating and set a $62.00 price objective on shares of Canadian Natural Resources in a research report on Tuesday, February 18th. Tudor Pickering lowered shares of Canadian Natural Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, February 10th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $62.00.

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).