Miller Howard Investments Inc. NY decreased its stake in shares of Canadian Natural Resources Limited (NYSE:CNQ - Free Report) TSE: CNQ by 33.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,101,415 shares of the oil and gas producer's stock after selling 551,702 shares during the quarter. Miller Howard Investments Inc. NY owned about 0.05% of Canadian Natural Resources worth $34,001,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC purchased a new stake in shares of Canadian Natural Resources during the 2nd quarter worth approximately $276,000. Truist Financial Corp increased its position in Canadian Natural Resources by 79.8% in the second quarter. Truist Financial Corp now owns 55,900 shares of the oil and gas producer's stock worth $1,990,000 after purchasing an additional 24,806 shares during the last quarter. Cetera Investment Advisers raised its stake in Canadian Natural Resources by 97.6% during the second quarter. Cetera Investment Advisers now owns 72,820 shares of the oil and gas producer's stock valued at $2,592,000 after purchasing an additional 35,962 shares in the last quarter. Peak Financial Advisors LLC lifted its position in Canadian Natural Resources by 0.8% during the third quarter. Peak Financial Advisors LLC now owns 77,702 shares of the oil and gas producer's stock valued at $2,580,000 after purchasing an additional 630 shares during the last quarter. Finally, Code Waechter LLC purchased a new position in shares of Canadian Natural Resources in the 3rd quarter worth $593,000. Hedge funds and other institutional investors own 74.03% of the company's stock.
Canadian Natural Resources Price Performance
Shares of NYSE CNQ traded down $0.90 during mid-day trading on Wednesday, hitting $30.02. 3,959,092 shares of the company's stock traded hands, compared to its average volume of 6,236,971. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.84 and a quick ratio of 0.53. Canadian Natural Resources Limited has a 1 year low of $28.65 and a 1 year high of $41.29. The company's 50-day moving average is $31.20 and its two-hundred day moving average is $33.43. The company has a market capitalization of $63.14 billion, a P/E ratio of 11.66 and a beta of 1.45.
Canadian Natural Resources Company Profile
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Free Report)
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).
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