Cigna Investments Inc. New Lowers Position in Canadian Natural Resources Limited (NYSE:CNQ)

Cigna Investments Inc. New trimmed its holdings in shares of Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 1.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 39,349 shares of the oil and gas producer’s stock after selling 465 shares during the period. Cigna Investments Inc. New’s holdings in Canadian Natural Resources were worth $1,214,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Continuum Advisory LLC raised its stake in shares of Canadian Natural Resources by 144.1% during the 3rd 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 during the period. Coastline Trust Co acquired a new position in Canadian Natural Resources in the 3rd quarter valued at $33,000. R Squared Ltd acquired a new position in Canadian Natural Resources in the 4th quarter valued at $32,000. Wilmington Savings Fund Society FSB acquired a new position in Canadian Natural Resources in the 3rd quarter valued at $37,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in Canadian Natural Resources in the 4th quarter valued at $35,000. 74.03% of the stock is owned by institutional investors and hedge funds.

Canadian Natural Resources Stock Up 0.9 %

Shares of NYSE:CNQ opened at $30.65 on Tuesday. The company has a quick ratio of 0.53, a current ratio of 0.84 and a debt-to-equity ratio of 0.21. The business has a fifty day moving average of $31.32 and a two-hundred day moving average of $33.48. The stock has a market cap of $64.47 billion, a P/E ratio of 11.90 and a beta of 1.45. Canadian Natural Resources Limited has a 52-week low of $28.65 and a 52-week high of $41.29.

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).