Kestra Private Wealth Services LLC grew its stake in Canadian Natural Resources Limited (NYSE:CNQ – Free Report) (TSE:CNQ) by 9.9% during the 4th quarter, HoldingsChannel reports. The fund owned 209,467 shares of the oil and gas producer’s stock after purchasing an additional 18,919 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Canadian Natural Resources were worth $6,466,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Empowered Funds LLC raised its position in shares of Canadian Natural Resources by 21.1% in the 4th quarter. Empowered Funds LLC now owns 76,108 shares of the oil and gas producer’s stock worth $2,349,000 after purchasing an additional 13,277 shares during the last quarter. Moloney Securities Asset Management LLC increased its stake in Canadian Natural Resources by 14.1% during the 4th quarter. Moloney Securities Asset Management LLC now owns 8,332 shares of the oil and gas producer’s stock valued at $257,000 after purchasing an additional 1,030 shares in the last quarter. Goehring & Rozencwajg Associates LLC purchased a new position in Canadian Natural Resources in the fourth quarter worth about $15,193,000. Golden State Wealth Management LLC bought a new position in shares of Canadian Natural Resources in the fourth quarter worth approximately $346,000. Finally, Measured Wealth Private Client Group LLC grew its holdings in shares of Canadian Natural Resources by 6.3% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 10,800 shares of the oil and gas producer’s stock valued at $333,000 after buying an additional 642 shares during the last quarter. 74.03% of the stock is owned by hedge funds and other institutional investors.
Canadian Natural Resources Price Performance
Shares of CNQ opened at $30.38 on Monday. Canadian Natural Resources Limited has a twelve month low of $28.65 and a twelve month high of $41.29. The company has a market capitalization of $63.89 billion, a P/E ratio of 11.80 and a beta of 1.45. The firm has a 50 day moving average of $31.32 and a 200 day moving average of $33.48. The company has a quick ratio of 0.53, a current ratio of 0.84 and a debt-to-equity ratio of 0.21.
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).
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