Canadian Natural Resources Limited (NYSE:CNQ) Shares Purchased by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc boosted its holdings in shares of Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 0.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 391,826 shares of the oil and gas producer’s stock after purchasing an additional 350 shares during the period. Canadian Natural Resources makes up 1.9% of K.J. Harrison & Partners Inc’s investment portfolio, making the stock its 10th largest holding. K.J. Harrison & Partners Inc’s holdings in Canadian Natural Resources were worth $12,278,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Continuum Advisory LLC raised its position in Canadian Natural Resources by 144.1% during the 3rd quarter. Continuum Advisory LLC now owns 830 shares of the oil and gas producer’s stock worth $28,000 after buying an additional 490 shares during the last quarter. R Squared Ltd acquired a new position in shares of Canadian Natural Resources during the fourth quarter worth about $32,000. Coastline Trust Co purchased a new position in Canadian Natural Resources during the third quarter worth about $33,000. Newbridge Financial Services Group Inc. acquired a new stake in Canadian Natural Resources in the fourth quarter valued at about $35,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Canadian Natural Resources in the 3rd quarter valued at approximately $37,000. 74.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CNQ has been the subject of a number of analyst reports. Tudor Pickering downgraded Canadian Natural Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Royal Bank of Canada reiterated an “outperform” rating and issued a $62.00 price objective on shares of Canadian Natural Resources in a research report on Tuesday, February 18th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, Canadian Natural Resources currently has an average rating of “Hold” and a consensus target price of $62.00.

Canadian Natural Resources Trading Down 0.7 %

Shares of Canadian Natural Resources stock opened at $28.64 on Thursday. The company has a 50-day moving average of $30.78 and a two-hundred day moving average of $33.11. The stock has a market cap of $60.20 billion, a PE ratio of 11.12 and a beta of 1.45. The company has a current ratio of 0.84, a quick ratio of 0.53 and a debt-to-equity ratio of 0.21. Canadian Natural Resources Limited has a 12-month low of $28.37 and a 12-month high of $41.29.

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).