Edmond DE Rothschild Holding S.A. Has $3.96 Million Position in Canadian National Railway (NYSE:CNI)

Edmond DE Rothschild Holding S.A. grew its position in Canadian National Railway (NYSE:CNI) (TSE:CNR) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,016 shares of the transportation company’s stock after purchasing an additional 2,219 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Canadian National Railway were worth $3,958,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CNI. Quintet Private Bank Europe S.A. acquired a new stake in Canadian National Railway during the 4th quarter worth $25,000. Arlington Trust Co LLC bought a new stake in shares of Canadian National Railway in the fourth quarter worth about $30,000. Lee Danner & Bass Inc. bought a new stake in shares of Canadian National Railway in the fourth quarter worth about $30,000. Addison Advisors LLC raised its position in shares of Canadian National Railway by 80.2% during the fourth quarter. Addison Advisors LLC now owns 319 shares of the transportation company’s stock worth $32,000 after purchasing an additional 142 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Canadian National Railway by 48.2% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 332 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 108 shares in the last quarter. 80.74% of the stock is owned by institutional investors.

Canadian National Railway Trading Down 0.1 %

NYSE CNI opened at $97.35 on Tuesday. Canadian National Railway has a 12 month low of $93.64 and a 12 month high of $132.27. The company has a current ratio of 0.66, a quick ratio of 0.48 and a debt-to-equity ratio of 0.94. The stock has a 50 day moving average of $100.98 and a 200-day moving average of $106.35. The company has a market cap of $61.17 billion, a PE ratio of 19.01, a PEG ratio of 1.95 and a beta of 0.91.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last announced its quarterly earnings data on Thursday, January 30th. The transportation company reported $1.30 EPS for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.09). Canadian National Railway had a net margin of 26.09% and a return on equity of 22.48%. On average, equities research analysts anticipate that Canadian National Railway will post 5.52 EPS for the current fiscal year.

Canadian National Railway Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 10th were paid a $0.6159 dividend. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.61. The ex-dividend date was Monday, March 10th. This represents a $2.46 annualized dividend and a yield of 2.53%. Canadian National Railway’s dividend payout ratio is currently 47.66%.

Wall Street Analysts Forecast Growth

CNI has been the subject of a number of research reports. Royal Bank of Canada lowered their target price on Canadian National Railway from $174.00 to $171.00 and set an “outperform” rating for the company in a research note on Friday, January 31st. Wells Fargo & Company dropped their price objective on shares of Canadian National Railway from $125.00 to $123.00 and set an “overweight” rating on the stock in a report on Monday, January 13th. Jefferies Financial Group raised shares of Canadian National Railway from a “hold” rating to a “buy” rating and set a $120.00 target price for the company in a research note on Friday, January 10th. TD Securities raised Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. upgraded Canadian National Railway from a “neutral” rating to an “overweight” rating in a report on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have issued a buy rating and four have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $124.02.

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.