Canadian National Railway (TSE:CNR) Senior Officer Sean Finn Sells 8,500 Shares

Canadian National Railway (TSE:CNR – Get Rating) (NYSE:CNI) Senior Officer Sean Finn sold 8,500 shares of the firm’s stock in a transaction on Thursday, July 28th. The shares were sold at an average price of C$159.29, for a total transaction of C$1,353,987.95. Following the completion of the transaction, the insider now directly owns 22,148 shares of the company’s stock, valued at C$3,528,014.72.

Sean Finn also recently made the following trade(s):

• On Tuesday, May 31st, Sean Finn sold 17,122 shares of Canadian National Railway stock. The shares were sold at an average price of C$145.02, for a total transaction of C$2,483,011.89.
• On Wednesday, May 11th, Sean Finn sold 16,500 shares of Canadian National Railway stock. The shares were sold at an average price of C$144.41, for a total value of C$2,382,715.50.

Canadian National Railway Stock Up 1.9 %

CNR stock opened at C$162.23 on Tuesday. The company has a market cap of C$110.87 billion and a PE ratio of 23.75. The business has a 50-day simple moving average of C$146.10 and a 200 day simple moving average of C$153.00. Canadian National Railway has a 52 week low of C$132.38 and a 52 week high of C$171.48. The company has a quick ratio of 0.47, a current ratio of 0.84 and a debt-to-equity ratio of 62.72.

Canadian National Railway Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 29th. Investors of record on Thursday, September 8th will be paid a $0.7325 dividend. This represents a $2.93 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Wednesday, September 7th. Canadian National Railway’s dividend payout ratio (DPR) is presently 39.46%.

Wall Street Analyst Weigh In

CNR has been the subject of several research reports. UBS Group cut their price target on Canadian National Railway from C$184.00 to C$175.00 and set an “outperform” rating for the company in a report on Wednesday, July 27th. CIBC raised Canadian National Railway from a “neutral” rating to a “buy” rating and set a C$167.00 price target for the company in a report on Thursday, June 2nd. BMO Capital Markets raised Canadian National Railway from a “market perform” rating to a “buy” rating and set a C$170.00 price target for the company in a report on Wednesday, May 18th. Evercore ISI raised Canadian National Railway to a “buy” rating and set a C$128.00 target price for the company in a report on Thursday, May 26th. Finally, Atlantic Securities reissued a “hold” rating and set a C$169.00 target price (down previously from C$173.00) on shares of Canadian National Railway in a report on Tuesday, June 28th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of C$153.18.

Canadian National Railway Company Profile

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Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. The company's portfolio of goods includes petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal, and automotive products serving exporters, importers, retailers, farmers, and manufacturers.