Canadian National Railway Company

Xavier Trudeau
Juillet 18, 2017

Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP) declared a quarterly dividend on Monday, July 17th, RTT News reports. Credit Suisse Group's price target would indicate a potential upside of 0.38% from the stock's current price. However, the stock has outperformed fellow railroad operator, Canadian Pacific, which has gained 20% over the last one year. Us National Bank De has invested 0% in Weingarten Realty Investors (NYSE:WRI). Detailed results should be out on Jul 25.

A number of other brokerages also recently commented on CP. Zacks Investment Research upgraded Canadian Pacific Railway Limited from a "hold" rating to a "buy" rating and set a $181.00 price target for the company in a research report on Wednesday, July 12th. Canadian National Railway had 51 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays PLC decreased their price target on shares of Canadian National Railway from $71.00 to $69.00 and set an equal weight rating for the company in a research report on Tuesday, April 25th. Fourteen equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company.

September 13 investment analysts at Citigroup left the company rating at "Overweight" and moved up the price target from $155.00 to $172.00.

Among 9 analysts covering Canadian Pacific Railway Limited (TSE:CP), 7 have Buy rating, 0 Sell and 2 Hold.

In the market the company is trading up since yesterday's close of $164.83.

The P/E ratio is 21.61 and the market cap of the company is 24.42B. Company chares are trading at $166.45 marginally over $156.77, the 50 day moving average and a tad higher than the 200 day moving average of $151.05. The value of the investment in Canadian National Railway Compa increased from $35,000 to $276,000 a change of $241,000 quarter over quarter.

COPYRIGHT VIOLATION WARNING: This story was first published by Transcript Daily and is the property of of Transcript Daily. The firm has "Hold" rating by TD Securities given on Tuesday, April 26.

Additionally the company recently announced a dividend payable on Monday the 31st of July 2017. Investors of record on Friday, June 9th were paid a $0.3059 dividend. This represents a $1.22 annualized dividend and a dividend yield of 1.47%. As of the end of the quarter Central Trust Co had disposed of 175 shares trimming its holdings by 2.7%. NN Investment Partners Holdings N.V. now owns 47,343 shares of the transportation company's stock worth $3,837,000 after buying an additional 4,394 shares in the last quarter. MA boosted its position in Canadian Pacific Railway Limited by 4.5% in the first quarter. Reliance Trust Co. of DE now owns 4,825 shares of the transportation company's stock valued at $709,000 after buying an additional 720 shares during the last quarter. Boston Common Asset Management LLC increased its position in shares of Canadian Pacific Railway Limited by 1.1% in the first quarter. Finally, Viking Fund Management LLC boosted its position in Canadian Pacific Railway Limited by 5.3% in the first quarter. Finally, SRS Capital Advisors Inc. raised its stake in shares of Canadian National Railway by 14.4% in the first quarter. AQR Capital Management LLC now owns 468,923 shares of the transportation company's stock valued at $34,514,000 after buying an additional 42,354 shares in the last quarter. Hedge funds and other institutional investors own 55.32% of the company's stock. The Firm operates through rail transportation segment. The Company's network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert, Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America.

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