Canadian National Railway (TSE:CNR) Insider Iii Gates William Henry Sells 180,492 Shares

Canadian National Railway (TSE:CNRGet Rating) (NYSE:CNI) insider Iii Gates William Henry sold 180,492 shares of the business’s stock in a transaction that occurred on Monday, May 16th. The shares were sold at an average price of C$144.58, for a total transaction of C$26,096,128.98. Following the transaction, the insider now directly owns 11,183,753 shares of the company’s stock, valued at approximately C$1,616,983,915.12.

Iii Gates William Henry also recently made the following trade(s):

  • On Friday, May 13th, Iii Gates William Henry sold 169,430 shares of Canadian National Railway stock. The shares were sold at an average price of C$143.88, for a total value of C$24,377,029.28.
  • On Wednesday, May 11th, Iii Gates William Henry sold 33,785 shares of Canadian National Railway stock. The shares were sold at an average price of C$144.40, for a total value of C$4,878,489.81.
  • On Monday, May 9th, Iii Gates William Henry sold 98,494 shares of Canadian National Railway stock. The shares were sold at an average price of C$146.29, for a total value of C$14,409,051.69.
  • On Friday, May 6th, Iii Gates William Henry sold 221,529 shares of Canadian National Railway stock. The stock was sold at an average price of C$150.34, for a total transaction of C$33,303,562.22.
  • On Wednesday, May 4th, Iii Gates William Henry sold 191,122 shares of Canadian National Railway stock. The shares were sold at an average price of C$155.15, for a total value of C$29,652,215.17.
  • On Monday, May 2nd, Iii Gates William Henry sold 95,470 shares of Canadian National Railway stock. The shares were sold at an average price of C$151.32, for a total transaction of C$14,446,052.60.
  • On Friday, April 29th, Iii Gates William Henry sold 12,241 shares of Canadian National Railway stock. The stock was sold at an average price of C$155.58, for a total value of C$1,904,487.13.
  • On Wednesday, April 27th, Iii Gates William Henry sold 15,715 shares of Canadian National Railway stock. The shares were sold at an average price of C$154.26, for a total value of C$2,424,256.43.

Canadian National Railway stock opened at C$142.10 on Friday. The stock has a market cap of C$98.22 billion and a price-to-earnings ratio of 20.78. Canadian National Railway has a 1-year low of C$125.00 and a 1-year high of C$171.48. The company has a debt-to-equity ratio of 62.72, a current ratio of 0.84 and a quick ratio of 0.47. The firm has a 50 day simple moving average of C$157.41 and a 200-day simple moving average of C$158.39.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Investors of record on Thursday, June 9th will be given a dividend of $0.7325 per share. The ex-dividend date of this dividend is Wednesday, June 8th. This represents a $2.93 dividend on an annualized basis and a dividend yield of 2.06%. Canadian National Railway’s payout ratio is currently 37.70%.

A number of brokerages recently weighed in on CNR. Argus upgraded shares of Canadian National Railway to a “buy” rating and set a C$145.00 target price for the company in a research report on Thursday, February 17th. National Bankshares cut their price objective on Canadian National Railway from C$172.00 to C$168.00 in a research report on Friday, April 8th. CIBC reduced their target price on Canadian National Railway from C$169.00 to C$167.00 in a report on Wednesday, April 27th. Raymond James set a C$175.00 price target on Canadian National Railway and gave the company a “market perform” rating in a research note on Thursday, April 28th. Finally, Morgan Stanley reduced their price objective on Canadian National Railway from C$158.00 to C$156.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 27th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of C$154.74.

Canadian National Railway Company Profile (Get Rating)

Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. The company's portfolio of goods includes petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal, and automotive products serving exporters, importers, retailers, farmers, and manufacturers.

Read More

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

Receive News & Ratings for Canadian National Railway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian National Railway and related companies with MarketBeat.com's FREE daily email newsletter.