Miller Howard Investments Inc. NY Trims Stock Holdings in Canadian Natural Resources Limited (NYSE:CNQ)

Miller Howard Investments Inc. NY cut its stake in shares of Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 33.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,101,415 shares of the oil and gas producer’s stock after selling 551,702 shares during the quarter. Miller Howard Investments Inc. NY’s holdings in Canadian Natural Resources were worth $34,001,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Moloney Securities Asset Management LLC raised its position in shares of Canadian Natural Resources by 5.4% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 7,302 shares of the oil and gas producer’s stock valued at $242,000 after purchasing an additional 376 shares during the period. Measured Wealth Private Client Group LLC grew its holdings in Canadian Natural Resources by 4.1% during the 3rd quarter. Measured Wealth Private Client Group LLC now owns 10,158 shares of the oil and gas producer’s stock valued at $337,000 after buying an additional 404 shares in the last quarter. Kingsview Wealth Management LLC boosted its position in shares of Canadian Natural Resources by 4.9% during the third quarter. Kingsview Wealth Management LLC now owns 9,018 shares of the oil and gas producer’s stock worth $300,000 after acquiring an additional 419 shares during the last quarter. Fifth Third Bancorp increased its holdings in Canadian Natural Resources by 51.0% in the 4th quarter. Fifth Third Bancorp now owns 1,271 shares of the oil and gas producer’s stock valued at $39,000 after acquiring an additional 429 shares during the last quarter. Finally, Pitcairn Co. lifted its stake in Canadian Natural Resources by 1.3% in the 3rd quarter. Pitcairn Co. now owns 36,390 shares of the oil and gas producer’s stock worth $1,209,000 after purchasing an additional 475 shares in the last quarter. 74.03% of the stock is owned by hedge funds and other institutional investors.

Canadian Natural Resources Trading Down 1.0 %

Shares of CNQ stock opened at $30.38 on Friday. The stock’s 50-day moving average price is $31.32 and its 200-day moving average price is $33.49. Canadian Natural Resources Limited has a 12-month low of $28.65 and a 12-month high of $41.29. The stock has a market capitalization of $63.89 billion, a price-to-earnings ratio of 11.80 and a beta of 1.45. The company has a current ratio of 0.84, a quick ratio of 0.53 and a debt-to-equity ratio of 0.21.

About Canadian Natural Resources

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).