Savant Capital LLC Sells 527 Shares of Canadian Natural Resources Limited (NYSE:CNQ)

Savant Capital LLC trimmed its position in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 6.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,583 shares of the oil and gas producer’s stock after selling 527 shares during the period. Savant Capital LLC’s holdings in Canadian Natural Resources were worth $234,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Continuum Advisory LLC boosted its holdings in Canadian Natural Resources by 144.1% in the 3rd quarter. Continuum Advisory LLC now owns 830 shares of the oil and gas producer’s stock valued at $28,000 after purchasing an additional 490 shares during the period. Coastline Trust Co bought a new stake in shares of Canadian Natural Resources during the 3rd quarter worth $33,000. R Squared Ltd bought a new stake in shares of Canadian Natural Resources during the 4th quarter worth $32,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Canadian Natural Resources during the 3rd quarter worth $37,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in shares of Canadian Natural Resources during the 4th quarter worth $35,000. 74.03% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on CNQ shares. Tudor Pickering downgraded 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 reaffirmed an “outperform” rating and set a $62.00 price objective on shares of Canadian Natural Resources in a report on Tuesday. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $62.00.

Canadian Natural Resources Price Performance

Shares of NYSE:CNQ opened at $30.48 on Wednesday. The stock has a market cap of $64.09 billion, a PE ratio of 11.83 and a beta of 1.45. The company’s fifty day moving average is $30.99 and its 200 day moving average is $33.30. Canadian Natural Resources Limited has a 52 week low of $28.65 and a 52 week high of $41.29. The company has a quick ratio of 0.53, a current ratio of 0.84 and a debt-to-equity ratio of 0.21.

About Canadian Natural Resources

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).