Hendershot Investments buys $7,084,989 stake in Canadian National Railway (USA) (CNI)

Canadian National Railway (USA) (CNI) : Hendershot Investments scooped up 8,335 additional shares in Canadian National Railway (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 119,296 shares of Canadian National Railway (USA) which is valued at $7,084,989.Canadian National Railway (USA) makes up approximately 3.64% of Hendershot Investments’s portfolio.

Canadian National Railway (USA) opened for trading at $58.84 and hit $59.63 on the upside on Friday, eventually ending the session at $59.39, with a gain of 0.54% or 0.32 points. The heightened volatility saw the trading volume jump to 8,13,171 shares. Company has a market cap of $46,348 M.

Other Hedge Funds, Including , Trust Investment Advisors reduced its stake in CNI by selling 150 shares or 1.62% in the most recent quarter. The Hedge Fund company now holds 9,120 shares of CNI which is valued at $541,637. Canadian National Railway (USA) makes up approx 0.62% of Trust Investment Advisors’s portfolio. Hall Laurie J Trustee added CNI to its portfolio by purchasing 130 company shares during the most recent quarter which is valued at $8,003.Loring Wolcott Coolidge Fiduciary Advisors Llpma boosted its stake in CNI in the latest quarter, The investment management firm added 24,835 additional shares and now holds a total of 2,140,721 shares of Canadian National Railway (USA) which is valued at $131,782,785. Canadian National Railway (USA) makes up approx 3.12% of Loring Wolcott Coolidge Fiduciary Advisors Llpma’s portfolio.Highstreet Asset Management boosted its stake in CNI in the latest quarter, The investment management firm added 24,669 additional shares and now holds a total of 185,460 shares of Canadian National Railway (USA) which is valued at $12,219,959. Canadian National Railway (USA) makes up approx 4.32% of Highstreet Asset Management’s portfolio.Pecaut reduced its stake in CNI by selling 400 shares or 3.24% in the most recent quarter. The Hedge Fund company now holds 11,950 shares of CNI which is valued at $787,386. Canadian National Railway (USA) makes up approx 0.77% of Pecaut’s portfolio.

On the company’s financial health, Canadian National Railway (USA) reported $1.00 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Apr 25, 2016. Analyst had a consensus of $0.93. The company had revenue of $2964.00 million for the quarter, compared to analysts expectations of $3010.69 million. The company’s revenue was down -4.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.86 EPS.

Many Wall Street Analysts have commented on Canadian National Railway (USA). Company shares were Reiterated by Cowen on Apr 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 69 from a previous price target of $61.50 .Company shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 90 from a previous price target of $89 .Canadian National Railway (USA) was Downgraded by CIBC to ” Sector Perform” on Apr 26, 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.