rts logo

Here are the top Institutional holders of Canadian National Railway Co. (CNI) shares

Canadian National Railway Co. (NYSE: CNI) is -7.71% lower on its value in year-to-date trading and has touched a low of $103.96 and a high of $134.02 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CNI stock was last observed hovering at around $117.12 in the last trading session, with the day’s loss setting it -1.17%.

Currently trading at $115.95, the stock is -1.31% and 0.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing -1.00% at the moment leaves the stock -5.80% off its SMA200. CNI registered 8.98% gain for a year compared to 6-month loss of -11.20%. The firm has a 50-day simple moving average (SMA 50) of $115.5148 and a 200-day simple moving average (SMA200) of $123.0655.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -1.66% gain in the last 1 month and extending the period to 3 months gives it a -2.64%, and is 0.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.30% over the week and 1.81% over the month.

Canadian National Railway Co. (CNI) has around 24987 employees, a market worth around $72.99B and $12.57B in sales. Current P/E ratio is 18.62 and Fwd P/E is 18.36. Profit margin for the company is 32.00%. Distance from 52-week low is 11.53% and -13.48% from its 52-week high. The company has generated returns on investments over the last 12 months (14.58%).

The EPS is expected to grow by 3.44% this year

1315.0 institutions hold shares in Canadian National Railway Co. (CNI), with institutional investors hold 79.35% of the company’s shares. The shares outstanding are 642.70M, and float is at 609.40M with Short Float at 0.53%. Institutions hold 78.01% of the Float.

The top institutional shareholder in the company is BILL & MELINDA GATES FOUNDATION TRUST with over 54.83 million shares valued at $6.48 billion. The investor’s holdings represent 8.5573 of the CNI Shares outstanding. As of 2024-06-30, the second largest holder is TCI FUND MANAGEMENT LTD with 39.49 million shares valued at $4.67 billion to account for 6.1633 of the shares outstanding. The other top investors are ROYAL BANK OF CANADA which holds 26.04 million shares representing 4.0646 and valued at over $3.08 billion, while VANGUARD GROUP INC holds 3.5009 of the shares totaling 22.43 million with a market value of $2.65 billion.

Related Posts