Canadian Natural Resources Limited (NYSE:CNQ) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

From MarketBeat:

Zurcher Kantonalbank Zurich Cantonalbank has reduced its stake in Canadian Natural Resources Limited by 24.7%. The institutional investor owned 343,277 shares of the oil and gas producer’s stock after selling 112,669 shares. Other large investors have also recently modified their holdings.

A number of equities analysts have issued reports on CNQ shares. According to data from MarketBeat.com, Canadian Natural Resources presently has a consensus rating of “Moderate Buy” and an average price target of $90.80.

CNQ opened at $67.07 on Monday. The stock has a market cap of $72.66 billion, a PE ratio of 14.06 and a beta of 1.52. Canadian Natural Resources last announced its earnings results on Thursday, November 2nd. The oil and gas producer reported $1.93 EPS for the quarter.

Canadian Natural Resources recently announced a quarterly dividend of $0.7203 per share, a boost from its previous quarterly dividend of $0.67. The ex-dividend date was Thursday, December 7th. This represents a $2.88 annualized dividend and a yield of 4.30%.

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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