Sean Finn Sells 1,000 Shares of Canadian National Railway (CNR) Stock

Canadian National Railway (TSE:CNR) (NYSE:CNI) Senior Officer Sean Finn sold 1,000 shares of Canadian National Railway stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of C$123.58, for a total value of C$123,580.00. Following the completion of the transaction, the insider now directly owns 15,887 shares in the company, valued at C$1,963,315.46.

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

  • On Monday, May 27th, Sean Finn sold 333 shares of Canadian National Railway stock. The shares were sold at an average price of C$123.24, for a total value of C$41,038.92.
  • On Wednesday, May 1st, Sean Finn sold 1,250 shares of Canadian National Railway stock. The shares were sold at an average price of C$124.31, for a total value of C$155,392.50.
  • On Monday, March 25th, Sean Finn sold 950 shares of Canadian National Railway stock. The shares were sold at an average price of C$116.30, for a total value of C$110,488.80.
  • On Monday, March 11th, Sean Finn sold 2,650 shares of Canadian National Railway stock. The stock was sold at an average price of C$116.76, for a total value of C$309,421.95.
  • On Wednesday, February 27th, Sean Finn sold 12,300 shares of Canadian National Railway stock. The stock was sold at an average price of C$113.59, for a total value of C$1,397,166.84.
  • On Monday, February 11th, Sean Finn sold 5,000 shares of Canadian National Railway stock. The stock was sold at an average price of C$107.81, for a total value of C$539,029.00.

Shares of Canadian National Railway stock traded up C$0.03 during trading on Thursday, hitting C$120.79. The stock had a trading volume of 1,203,832 shares, compared to its average volume of 1,141,392. The company has a quick ratio of 0.40, a current ratio of 0.75 and a debt-to-equity ratio of 79.87. The firm has a market cap of $87.12 billion and a price-to-earnings ratio of 20.27. Canadian National Railway has a fifty-two week low of C$96.46 and a fifty-two week high of C$127.96.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 7th will be given a dividend of $0.538 per share. The ex-dividend date is Thursday, June 6th. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.54. This represents a $2.15 dividend on an annualized basis and a dividend yield of 1.78%. Canadian National Railway’s payout ratio is 31.92%.

CNR has been the subject of a number of research analyst reports. Raymond James reiterated an “outperform” rating and issued a C$125.00 price target on shares of Canadian National Railway in a report on Wednesday, January 30th. TD Securities boosted their price target on Canadian National Railway from C$125.00 to C$130.00 and gave the company a “buy” rating in a report on Wednesday, January 30th. JPMorgan Chase & Co. boosted their price objective on Canadian National Railway from C$116.00 to C$119.00 in a research report on Wednesday, January 30th. CIBC boosted their price objective on Canadian National Railway from C$118.00 to C$119.00 in a research report on Wednesday, January 30th. Finally, BMO Capital Markets set a C$116.00 price objective on Canadian National Railway and gave the company a “market perform” rating in a research report on Thursday, January 31st. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of C$126.80.

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About Canadian National Railway

Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.

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