Canadian National Railway (TSE:CNR) Senior Officer Ghislain Houle Sells 5,741 Shares

Canadian National Railway (TSE:CNR) (NYSE:CNI) Senior Officer Ghislain Houle sold 5,741 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of C$150.82, for a total transaction of C$865,844.99.

Canadian National Railway Trading Up 3.7 %

TSE CNR opened at C$156.45 on Thursday. Canadian National Railway has a 12 month low of C$149.22 and a 12 month high of C$181.34. The stock has a market capitalization of C$98.49 billion, a P/E ratio of 18.58, a PEG ratio of 3.38 and a beta of 0.65. The firm’s 50-day moving average is C$157.08 and its two-hundred day moving average is C$162.62. The company has a debt-to-equity ratio of 107.62, a current ratio of 0.63 and a quick ratio of 0.58.

Canadian National Railway Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be paid a dividend of $0.845 per share. This represents a $3.38 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date is Monday, December 9th. Canadian National Railway’s dividend payout ratio (DPR) is 40.14%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Veritas upgraded Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 23rd. Scotiabank lowered their target price on Canadian National Railway from C$187.00 to C$180.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 11th. Barclays lowered their price target on shares of Canadian National Railway from C$165.00 to C$162.00 and set a “hold” rating on the stock in a report on Wednesday, September 25th. ATB Capital raised their price objective on Canadian National Railway from C$167.00 to C$168.00 in a report on Wednesday, October 23rd. Finally, National Bankshares cut their price objective on Canadian National Railway from C$181.00 to C$178.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$171.07.

About Canadian National Railway

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.