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Global Retirement Partners cut CNR holdings by over 40%, yet institutional investors still own 80.74% of CNR stock.
Global Retirement Partners LLC reduced its holdings of Canadian National Railway (CNR) by 43.6% in the 4th quarter, while other investors increased their stakes.
Institutional investors now own 80.74% of CNR's stock.
Financial analysts have varied ratings, with a consensus "Moderate Buy" and a target price of $124.19.
CNR reported $1.30 EPS, missing estimates by $0.09, and has a 2.47% dividend yield.
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Global Retirement Partners redujo las tenencias de CNR en más del 40%, pero los inversores institucionales siguen siendo dueños del 80,74% de las acciones de CNR.