Canadian National Railway (CNR) Insider Jean-Jacques Ruest Sells 14,736 Shares

Canadian National Railway (TSE:CNR) (NYSE:CNI) insider Jean-Jacques Ruest sold 14,736 shares of the stock in a transaction dated Friday, December 15th. The stock was sold at an average price of C$103.87, for a total transaction of C$1,530,628.32.

Jean-Jacques Ruest also recently made the following trade(s):

  • On Friday, September 22nd, Jean-Jacques Ruest sold 31,464 shares of Canadian National Railway stock. The stock was sold at an average price of C$81.99, for a total transaction of C$2,579,733.36.

Shares of Canadian National Railway (CNR) traded up C$0.99 during trading on Wednesday, reaching C$104.63. 1,180,907 shares of the company were exchanged, compared to its average volume of 1,201,271. Canadian National Railway has a 1 year low of C$89.29 and a 1 year high of C$108.64.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 8th will be paid a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Thursday, December 7th. Canadian National Railway’s dividend payout ratio is presently 31.56%.

Several research firms have recently issued reports on CNR. National Bank Financial increased their target price on shares of Canadian National Railway from C$105.00 to C$108.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 25th. BMO Capital Markets reissued an “outperform” rating and set a C$111.00 target price on shares of Canadian National Railway in a research note on Wednesday, October 25th. Scotiabank decreased their price target on shares of Canadian National Railway from C$115.00 to C$113.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 25th. Desjardins raised shares of Canadian National Railway from a “hold” rating to a “buy” rating in a research note on Wednesday, October 25th. Finally, TD Securities raised shares of Canadian National Railway from a “hold” rating to a “buy” rating and raised their price target for the company from C$110.00 to C$115.00 in a research note on Thursday, November 30th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Canadian National Railway presently has a consensus rating of “Buy” and a consensus target price of C$108.60.

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Canadian National Railway Company Profile

Canadian National Railway Company is engaged in the rail and related transportation business. 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 (British Columbia), 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.

Insider Buying and Selling by Quarter for Canadian National Railway (TSE:CNR)

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