Canadian Natural Resources Limited (NYSE:CNQ) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC raised its stake in shares of Canadian Natural Resources Limited (NYSE:CNQ - Free Report) TSE: CNQ by 56.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 27,065 shares of the oil and gas producer's stock after acquiring an additional 9,745 shares during the period. Yousif Capital Management LLC's holdings in Canadian Natural Resources were worth $835,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Continuum Advisory LLC increased its position in Canadian Natural Resources by 144.1% in the third 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 in the last quarter. R Squared Ltd purchased a new stake in Canadian Natural Resources during the fourth quarter valued at approximately $32,000. Coastline Trust Co bought a new stake in Canadian Natural Resources in the third quarter worth about $33,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Canadian Natural Resources during the third quarter worth $37,000. Finally, Fifth Third Bancorp increased its position in shares of Canadian Natural Resources by 51.0% during the fourth 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. Institutional investors own 74.03% of the company's stock.

Canadian Natural Resources Stock Down 0.0 %

Shares of CNQ traded down $0.01 during midday trading on Wednesday, hitting $30.40. 3,595,936 shares of the company's stock traded hands, compared to its average volume of 6,118,469. Canadian Natural Resources Limited has a 1 year low of $28.65 and a 1 year high of $41.29. The firm's fifty day moving average is $30.96 and its 200-day moving average is $33.28. The company has a current ratio of 0.84, a quick ratio of 0.53 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $63.89 billion, a price-to-earnings ratio of 11.80 and a beta of 1.45.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CNQ. Tudor Pickering cut shares of Canadian Natural Resources from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. Royal Bank of Canada reissued an "outperform" rating and issued a $62.00 price objective on shares of Canadian Natural Resources in a research note on Tuesday. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Canadian Natural Resources currently has a consensus rating of "Hold" and a consensus price target of $62.00.

Canadian Natural Resources Company 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).