Yousif Capital Management LLC Buys 9,745 Shares of Canadian Natural Resources Limited (NYSE:CNQ)

Yousif Capital Management LLC grew its stake in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 56.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,065 shares of the oil and gas producer’s stock after buying 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 filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the company. Continuum Advisory LLC grew its holdings 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 purchasing an additional 490 shares during the period. Coastline Trust Co bought a new position in Canadian Natural Resources during the third quarter valued at $33,000. R Squared Ltd bought a new stake in Canadian Natural Resources in the 4th quarter valued at about $32,000. Wilmington Savings Fund Society FSB purchased a new position in Canadian Natural Resources in the 3rd quarter valued at approximately $37,000. Finally, Fifth Third Bancorp boosted its stake in Canadian Natural Resources by 51.0% in the 4th quarter. Fifth Third Bancorp now owns 1,271 shares of the oil and gas producer’s stock worth $39,000 after purchasing an additional 429 shares during the period. 74.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Tudor Pickering cut Canadian Natural Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Canadian Natural Resources Price Performance

Shares of Canadian Natural Resources stock opened at $30.10 on Friday. 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 stock has a market capitalization of $63.30 billion, a price-to-earnings ratio of 11.69 and a beta of 1.45. The company has a fifty day moving average of $31.04 and a 200-day moving average of $33.35. Canadian Natural Resources Limited has a 52-week low of $28.65 and a 52-week high of $41.29.

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).