Sells partial stakes of Canadian National Railway Co. (CNI)

Kidder Stephen W trimmed its position in Canadian National Railway Company (NYSE:CNI) (TSE:CNR) by 2.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.

Further, we can see that Canadian National Railway Company (TSX:CNR) has a Shareholder Yield of 0.043723 and a Shareholder Yield (Mebane Faber) of 0.04939.

A number of other hedge funds have also recently modified their holdings of CNI. Egerton Capital UK LLP owned approximately 0.77% of Canadian Pacific Railway Limited worth $187,476,000 at the end of the most recent reporting period. Companies may issue new shares and buy back their own shares. Proficio Capital Partners LLC boosted its position in Canadian National Railway by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 13,341,784 shares of the company's stock valued at $787,965,000 after buying an additional 1,395,732 shares during the last quarter. City Holding Co. boosted its holdings in Canadian National Railway by 15.4% in the second quarter. Hall Laurie J Trustee now owns 1,275 shares of the transportation company's stock worth $103,000 after buying an additional 50 shares during the period. Atria Investments LLC now owns 6,121 shares of the transportation company's stock worth $496,000 after acquiring an additional 41 shares in the last quarter. The ratio also provides a clue to how much investors are paying for what would be left if the company went bankrupt immediately.

Canadian National Railway Company (NYSE CNI) remained flat at $$80.40 on Thursday. Recently, shares of General Dynamics Corporation (NYSE:GD) have been seen trading 2.79% away from the 200-day moving average and -1.48% off the 50-day moving average. The company reported $1.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.92 by $0.33. The stock has a market cap of $25,290.00, a price-to-earnings ratio of 20.16, a P/E/G ratio of 1.63 and a beta of 1.21. Canadian National Railway Company has a 12-month low of $62.38 and a 12-month high of $84.48. Investors of record on Friday, December 8th will be given a dividend of $0.3304 per share.

Tracking other technical indicators, the 14-day RSI is presently standing at 48.53, the 7-day sits at 40.55, and the 3-day is resting at 30.94 for Canadian National Railway Co. This represents a $1.12 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Thursday, December 7th.

The Leverage Ratio of Canadian National Railway Company (TSX:CNR) is 0.280807.

The P/E of Canadian National Railway Company is now valued at 20.16 allowing its investors to analyze the company's stock valuation and its shares relative to the income of the company that it makes. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued. If you are viewing this news story on another website, it was illegally copied and republished in violation of USA & worldwide copyright legislation. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of US & global copyright legislation.

Canadian National Railway announced that its board has initiated a stock repurchase program on Tuesday, October 24th that allows the company to buyback 31,000,000 shares. Scotiabank reissued a "sector perform" rating and issued a $87.00 target price on shares of Canadian National Railway in a report on Sunday, October 2nd. Finally, Zacks Investment Research lowered Canadian National Railway from a strong-buy rating to a hold rating in a research report on Tuesday, September 26th. The correct version of this news story can be viewed at Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Canadian National Railway in a report on Wednesday, October 25th.

Several equities research analysts recently issued reports on the company. The company has a consensus rating of "Buy" and a consensus target price of $192.07. It also demonstrates a stable dividend policy for Canadian National Railway Company connected to the long-run, with viable earnings. The Company's network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico.

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