Canada Pension Plan Investment Board Adds $106M in Canadian National Railway Company ($CNI)
Key Points
- Canada Pension Plan Investment Board changed its Canadian National Railway Company ($CNI) stake by 24.57% last quarter, boosting to 4,490,181 shares worth $535.41 million.
- Wall Street's consensus rating on $CNI is Buy and an average price target of $140.03.
- $CNI last traded around $119.24.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Canada Pension Plan Investment Board increased its position in Canadian National Railway Company ($CNI) by 24.57% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,490,181 shares of Canadian National Railway Company after buying 885,500 shares during the quarter. Canada Pension Plan Investment Board's holdings in Canadian National Railway Company were worth $535.41 million as of its most recent filing.
Canadian National Railway Company Stock Down 5.4%
Shares of Canadian National Railway Company ($CNI) traded around $119.24 on Saturday, down 5.4% for the day.
Canadian National Railway Company Earnings
Canadian National Railway Company Dividend
Analysts Set New Price Targets
About Canadian National Railway Company
Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and related transportation businesses in Canada and the United States. The company provides rail services, which include equipment, customs brokerage, transloading and warehousing, business development, dimensional loads, and private railcar storage, less-than-truckload, and mexico services; intermodal services, such as temperature controlled multimodal, mobile transport trays, port partnerships, transloading and distribution, logistics parks, trucking, and supply chain services. It also offers connecting to rail, short lines, maps and network services. The company serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, consumer goods, and third party logistics applications. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.
Get Canadian National Railway Company alerts
New 13F filings, insider trades, and analyst moves on $CNI, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.