Mackenzie Financial Reduces $14M in Canadian National Railway Company ($CNI)
Key Points
- Mackenzie Financial changed its Canadian National Railway Company ($CNI) stake by 1.3% last quarter, cutting to 8,776,306 shares worth $1.04 billion.
- Wall Street's consensus rating on $CNI is Buy and an average price target of $116.07.
- $CNI last traded around $118.53.
Mackenzie Financial trimmed its position in Canadian National Railway Company ($CNI) by 1.3% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,776,306 shares of Canadian National Railway Company after selling 118,617 shares during the quarter. Mackenzie Financial's holdings in Canadian National Railway Company were worth $1.04 billion as of its most recent filing.
Canadian National Railway Company ($CNI) Stock
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.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.