Canadian National Railway (TSE:CNR) Senior Officer Ghislain Houle Sells 5,741 Shares

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

Canadian National Railway Stock Up 3.2 %

Shares of Canadian National Railway stock traded up C$4.85 during trading on Wednesday, hitting C$155.74. 503,832 shares of the stock traded hands, compared to its average volume of 1,099,003. The stock has a market cap of C$98.04 billion, a P/E ratio of 17.92, a PEG ratio of 3.38 and a beta of 0.65. The company has a fifty day moving average price of C$157.06 and a two-hundred day moving average price of C$162.67. Canadian National Railway has a twelve month low of C$149.22 and a twelve month high of C$181.34. 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 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 paid a dividend of $0.845 per share. The ex-dividend date of this dividend is Monday, December 9th. This represents a $3.38 annualized dividend and a dividend yield of 2.17%. Canadian National Railway’s dividend payout ratio (DPR) is 40.14%.

Analyst Upgrades and Downgrades

CNR has been the subject of a number of recent research reports. UBS Group upped their price objective on Canadian National Railway from C$189.00 to C$190.00 in a research note on Thursday, October 24th. Scotiabank dropped their price objective on shares of 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. ATB Capital lifted their price objective on shares of Canadian National Railway from C$167.00 to C$168.00 in a research report on Wednesday, October 23rd. Barclays decreased their target price on shares of Canadian National Railway from C$165.00 to C$162.00 and set a “hold” rating for the company in a research report on Wednesday, September 25th. Finally, BMO Capital Markets reduced their price objective on 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 assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$171.07.

About Canadian National Railway

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.