Equitable Trust Co. Lowers Holdings in Canadian Natural Resources Limited (NYSE:CNQ)

Equitable Trust Co. lessened its stake in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,127 shares of the oil and gas producer’s stock after selling 1,071 shares during the quarter. Equitable Trust Co.’s holdings in Canadian Natural Resources were worth $1,949,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Moloney Securities Asset Management LLC increased its holdings in Canadian Natural Resources by 5.4% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 7,302 shares of the oil and gas producer’s stock worth $242,000 after buying an additional 376 shares in the last quarter. Measured Wealth Private Client Group LLC increased its holdings in Canadian Natural Resources by 4.1% in the 3rd quarter. Measured Wealth Private Client Group LLC now owns 10,158 shares of the oil and gas producer’s stock worth $337,000 after buying an additional 404 shares in the last quarter. Kingsview Wealth Management LLC increased its holdings in Canadian Natural Resources by 4.9% in the 3rd quarter. Kingsview Wealth Management LLC now owns 9,018 shares of the oil and gas producer’s stock worth $300,000 after buying an additional 419 shares in the last quarter. Fifth Third Bancorp increased its holdings 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 buying an additional 429 shares in the last quarter. Finally, Pitcairn Co. increased its holdings in Canadian Natural Resources by 1.3% in the 3rd quarter. Pitcairn Co. now owns 36,390 shares of the oil and gas producer’s stock worth $1,209,000 after buying an additional 475 shares in the last quarter. Hedge funds and other institutional investors own 74.03% of the company’s stock.

Canadian Natural Resources Price Performance

NYSE CNQ opened at $30.65 on Tuesday. Canadian Natural Resources Limited has a one year low of $28.65 and a one year high of $41.29. The stock has a 50-day moving average of $31.32 and a 200 day moving average of $33.48. The company has a market capitalization of $64.47 billion, a price-to-earnings ratio of 11.90 and a beta of 1.45. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.53 and a current ratio of 0.84.

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).