Dorchester Wealth Management Co Lowers stake in Canadian National Railway (USA) (CNI)

Canadian National Railway (USA) (CNI) : Dorchester Wealth Management Co reduced its stake in Canadian National Railway (USA) by 1.5% during the most recent quarter end. The investment management company now holds a total of 115,754 shares of Canadian National Railway (USA) which is valued at $7,627,031 after selling 1,757 shares in Canadian National Railway (USA) , the firm said in a disclosure report filed with the SEC on Apr 18, 2016.Canadian National Railway (USA) makes up approximately 2.79% of Dorchester Wealth Management Co’s portfolio.

Canadian National Railway (USA) opened for trading at $65.45 and hit $66.22 on the upside on Friday, eventually ending the session at $65.89, with a gain of 1.28% or 0.83 points. The heightened volatility saw the trading volume jump to 13,77,804 shares. Company has a market cap of $51,668 M.

Other Hedge Funds, Including , Davis R M Inc reduced its stake in CNI by selling 1,160 shares or 24.37% in the most recent quarter. The Hedge Fund company now holds 3,600 shares of CNI which is valued at $237,204. Canadian National Railway (USA) makes up approx 0.01% of Davis R M Inc’s portfolio.Patten Patten Inctn reduced its stake in CNI by selling 868 shares or 0.65% in the most recent quarter. The Hedge Fund company now holds 133,461 shares of CNI which is valued at $8,438,739. Canadian National Railway (USA) makes up approx 1.20% of Patten Patten Inctn’s portfolio.Osborn Rohs Williams Donohoe Ltd boosted its stake in CNI in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 14,000 shares of Canadian National Railway (USA) which is valued at $885,220. Canadian National Railway (USA) makes up approx 0.18% of Osborn Rohs Williams Donohoe Ltd’s portfolio.Creative Planning reduced its stake in CNI by selling 5,616 shares or 46.95% in the most recent quarter. The Hedge Fund company now holds 6,345 shares of CNI which is valued at $392,756.

On the company’s financial health, Canadian National Railway (USA) reported $1.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Jan 26, 2016. Analyst had a consensus of $1.10. The company had revenue of $3199.00 million for the quarter, compared to analysts expectations of $3183.54 million. The company’s revenue was down -.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.03 EPS.

Many Wall Street Analysts have commented on Canadian National Railway (USA). Canadian National Railway (USA) was Downgraded by Desjardins to ” Hold” on Apr 13, 2016. Canadian National Railway (USA) was Upgraded by Morgan Stanley to ” Overweight” on Feb 23, 2016. Canadian National Railway (USA) was Downgraded by Raymond James to ” Mkt Perform” on Jan 27, 2016.

Canadian National Railway Company (CN) is engaged in the rail and related transportation business. CN’s network and connections to all Class I railroads provide its customers with access to all three North American Free Trade Agreement (NAFTA) nations. CN derives its freight revenue from seven commodity groups representing a portfolio of goods transported between a range of origins and destinations. The Company’s network of approximately 20000 route miles of track spans Canada and mid-America from the Atlantic and Pacific oceans to the Gulf of Mexico serving the ports of Vancouver Prince Rupert (British Columbia) Montreal Halifax New Orleans and Mobile (Alabama) and the metropolitan areas of Toronto Buffalo Chicago Detroit Duluth (Minnesota)/Superior (Wisconsin) Green Bay (Wisconsin) Minneapolis/St. Paul Memphis and Jackson (Mississippi) with connections to all points in North America.

Leave a Reply

Canadian National Railway (USA) - Is it time to Sell?

Top Brokerage Firms are advising their investors on Canadian National Railway (USA). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.