2 weeks Ago By Defense World Staff
Bokf Na grew its holdings in shares of Canadian Natural Resources Limited ( NYSE:CNQ – Free Report ) (TSE:CNQ) by 316.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,138 shares of the oil and gas producer’s stock after buying an additional 2,384 shares during the quarter.
Bokf Na’s holdings in Canadian Natural Resources were worth $112,000 at the end of the most recent reporting period. Other hedge funds have also recently made changes to their positions in the company. Choreo LLC bought a new position in shares of Canadian Natural Resources during the second quarter valued at about $746,000.
Pacific Heights Asset Management LLC lifted its position in shares of Canadian Natural Resources by 100.0% during the second quarter. Pacific Heights Asset Management LLC now owns 320,000 shares of the oil and gas producer’s stock valued at $11,392,000 after purchasing an additional 160,000 shares in the last quarter.
Commonwealth Equity Services LLC lifted its position in shares of Canadian Natural Resources by 100.2% during the second quarter. Commonwealth Equity Services LLC now owns 168,270 shares of the oil and gas producer’s stock valued at $5,990,000 after purchasing an additional 84,232 shares in the last quarter.
Royal London Asset Management Ltd. lifted its position in shares of Canadian Natural Resources by 63.4% during the second quarter.
Royal London Asset Management Ltd. now owns 748,801 shares of the oil and gas producer’s stock valued at $26,657,000 after purchasing an additional 290,609 shares in the last quarter. Finally, Candriam S.
C.A. lifted its position in shares of Canadian Natural Resources by 100.
0% during the second quarter. Candriam S.C.
A. now owns 7,886 shares of the oil and gas producer’s stock valued at $281,000 after purchasing an additional 3,943 shares in the last quarter. 74.
03% of the stock is currently owned by institutional investors and hedge funds. Canadian Natural Resources Stock Performance Shares of CNQ stock opened at $32.85 on Wednesday.
The firm has a market cap of $69.90 billion, a price-to-earnings ratio of 13.09 and a beta of 1.
51. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.
59 and a current ratio of 0.88. Canadian Natural Resources Limited has a 52 week low of $29.
45 and a 52 week high of $41.29. The firm’s 50-day simple moving average is $34.
95 and its two-hundred day simple moving average is $36.46. Canadian Natural Resources Cuts Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, October 4th.
Stockholders of record on Friday, September 13th will be given a $0.384 dividend. This represents a $1.
54 annualized dividend and a dividend yield of 4.68%. The ex-dividend date is Friday, September 13th.
Canadian Natural Resources’s dividend payout ratio (DPR) is currently 61.75%. Wall Street Analyst Weigh In A number of research analysts recently weighed in on CNQ shares.
StockNews.com lowered shares of Canadian Natural Resources from a “buy” rating to a “hold” rating in a research report on Friday, August 23rd. Raymond James raised shares of Canadian Natural Resources to a “hold” rating in a research report on Tuesday, May 28th.
Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Natural Resources in a research report on Tuesday, June 11th. Finally, Wolfe Research started coverage on shares of Canadian Natural Resources in a research report on Thursday, July 18th. They issued a “peer perform” rating on the stock.
Six analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $49.50.
Read Our Latest Stock Analysis on Canadian Natural Resources Canadian Natural Resources Company Profile ( Free Report ) 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). Read More Five stocks we like better than Canadian Natural Resources Profitably Trade Stocks at 52-Week Highs Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? Options Trading – Understanding Strike Price Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge What is MarketRankTM? How to Use it Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker Want to see what other hedge funds are holding CNQ? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Canadian Natural Resources Limited ( NYSE:CNQ – Free Report ) (TSE:CNQ). Receive News & Ratings for Canadian Natural Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Natural Resources and related companies with MarketBeat.com's FREE daily email newsletter .
.
