Fiera Capital Corp Decreases Position in Canadian Natural Resources Limited (NYSE:CNQ)

Fiera Capital Corp lowered its position in Canadian Natural Resources Limited (NYSE:CNQ - Free Report) TSE: CNQ by 4.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,968,001 shares of the oil and gas producer's stock after selling 123,758 shares during the period. Fiera Capital Corp owned 0.14% of Canadian Natural Resources worth $91,536,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Moloney Securities Asset Management LLC lifted its holdings in Canadian Natural Resources by 5.4% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 7,302 shares of the oil and gas producer's stock valued at $242,000 after purchasing an additional 376 shares in the last quarter. Measured Wealth Private Client Group LLC raised its holdings in shares of Canadian Natural Resources by 4.1% during the 3rd quarter. Measured Wealth Private Client Group LLC now owns 10,158 shares of the oil and gas producer's stock worth $337,000 after acquiring an additional 404 shares during the period. Kingsview Wealth Management LLC raised its holdings in shares of Canadian Natural Resources by 4.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 9,018 shares of the oil and gas producer's stock worth $300,000 after acquiring an additional 419 shares during the period. Fifth Third Bancorp raised its holdings in shares of Canadian Natural Resources by 51.0% during the 4th quarter. Fifth Third Bancorp now owns 1,271 shares of the oil and gas producer's stock worth $39,000 after acquiring an additional 429 shares during the period. Finally, Pitcairn Co. raised its holdings in shares of Canadian Natural Resources by 1.3% during the 3rd quarter. Pitcairn Co. now owns 36,390 shares of the oil and gas producer's stock worth $1,209,000 after acquiring an additional 475 shares during the period. Hedge funds and other institutional investors own 74.03% of the company's stock.

Canadian Natural Resources Trading Down 1.0 %

Shares of NYSE CNQ traded down $0.31 during trading on Friday, hitting $30.10. 3,389,614 shares of the company were exchanged, compared to its average volume of 6,494,203. The company has a fifty day moving average price of $31.04 and a 200-day moving average price of $33.35. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.53 and a current ratio of 0.84. The firm has a market capitalization of $63.30 billion, a PE ratio of 11.69 and a beta of 1.45. Canadian Natural Resources Limited has a 12-month low of $28.65 and a 12-month high of $41.29.

Analyst Upgrades and Downgrades

Separately, Tudor Pickering lowered Canadian Natural Resources from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. Five analysts have rated the stock with a hold rating, According to MarketBeat.com, Canadian Natural Resources presently has an average rating of "Hold".

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).