Canadian Natural Resources Limited (NYSE:CNQ) Shares Sold by WCM Investment Management LLC

WCM Investment Management LLC decreased its position in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 1.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,342,053 shares of the oil and gas producer’s stock after selling 63,798 shares during the quarter. WCM Investment Management LLC’s holdings in Canadian Natural Resources were worth $131,391,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Moloney Securities Asset Management LLC lifted its holdings in shares of Canadian Natural Resources by 5.4% in the third quarter. Moloney Securities Asset Management LLC now owns 7,302 shares of the oil and gas producer’s stock valued at $242,000 after buying an additional 376 shares during the period. Measured Wealth Private Client Group LLC lifted its holdings in shares of Canadian Natural Resources by 4.1% during the third quarter. Measured Wealth Private Client Group LLC now owns 10,158 shares of the oil and gas producer’s stock valued at $337,000 after purchasing an additional 404 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of Canadian Natural Resources by 4.9% during the third quarter. Kingsview Wealth Management LLC now owns 9,018 shares of the oil and gas producer’s stock valued at $300,000 after purchasing an additional 419 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of Canadian Natural Resources by 51.0% during the fourth quarter. Fifth Third Bancorp now owns 1,271 shares of the oil and gas producer’s stock valued at $39,000 after purchasing an additional 429 shares during the last quarter. Finally, Pitcairn Co. lifted its holdings in shares of Canadian Natural Resources by 1.3% during the third quarter. Pitcairn Co. now owns 36,390 shares of the oil and gas producer’s stock valued at $1,209,000 after purchasing an additional 475 shares during the last quarter. Institutional investors and hedge funds own 74.03% of the company’s stock.

Canadian Natural Resources Trading Down 1.0 %

Shares of NYSE CNQ opened at $30.38 on Friday. Canadian Natural Resources Limited has a 12 month low of $28.65 and a 12 month high of $41.29. The company has a market cap of $63.89 billion, a price-to-earnings ratio of 11.80 and a beta of 1.45. 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 simple moving average of $31.32 and a 200-day simple moving average of $33.49.

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).