Kestra Private Wealth Services LLC Acquires 18,919 Shares of Canadian Natural Resources Limited (NYSE:CNQ)

Kestra Private Wealth Services LLC raised its holdings in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 9.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 209,467 shares of the oil and gas producer’s stock after buying an additional 18,919 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Canadian Natural Resources were worth $6,466,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. AQR Capital Management LLC bought a new stake in Canadian Natural Resources in the second quarter valued at $276,000. Carnegie Investment Counsel lifted its position in shares of Canadian Natural Resources by 0.9% in the 3rd quarter. Carnegie Investment Counsel now owns 88,416 shares of the oil and gas producer’s stock worth $2,936,000 after purchasing an additional 783 shares during the period. Sound Income Strategies LLC bought a new stake in shares of Canadian Natural Resources during the 3rd quarter valued at about $46,000. Creative Planning increased its position in shares of Canadian Natural Resources by 15.8% during the third quarter. Creative Planning now owns 92,067 shares of the oil and gas producer’s stock valued at $3,058,000 after buying an additional 12,570 shares during the period. Finally, Jamison Private Wealth Management Inc. bought a new position in Canadian Natural Resources in the third quarter worth about $179,000. 74.03% of the stock is owned by hedge funds and other institutional investors.

Canadian Natural Resources Stock Performance

Shares of CNQ opened at $30.38 on Monday. Canadian Natural Resources Limited has a one year low of $28.65 and a one year high of $41.29. The company has a 50-day simple moving average of $31.32 and a two-hundred day simple moving average of $33.48. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.84 and a quick ratio of 0.53. The firm has a market capitalization of $63.89 billion, a PE ratio of 11.80 and a beta of 1.45.

Canadian Natural Resources Profile

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).