Canadian Natural Resources Limited (NYSE:CNQ) Shares Bought by Bleakley Financial Group LLC

Bleakley Financial Group LLC grew its stake in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 6.4% during the fourth quarter, HoldingsChannel reports. The firm owned 24,224 shares of the oil and gas producer’s stock after purchasing an additional 1,454 shares during the quarter. Bleakley Financial Group LLC’s holdings in Canadian Natural Resources were worth $748,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of CNQ. Assenagon Asset Management S.A. increased its stake in Canadian Natural Resources by 6,902.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 3,652,855 shares of the oil and gas producer’s stock valued at $112,763,000 after buying an additional 3,600,686 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in shares of Canadian Natural Resources by 73.3% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 7,834,264 shares of the oil and gas producer’s stock valued at $260,116,000 after acquiring an additional 3,312,442 shares in the last quarter. National Bank of Canada FI increased its stake in shares of Canadian Natural Resources by 63.5% during the third quarter. National Bank of Canada FI now owns 8,233,388 shares of the oil and gas producer’s stock worth $273,417,000 after acquiring an additional 3,198,007 shares during the period. Fisher Asset Management LLC increased its stake in shares of Canadian Natural Resources by 3.9% during the third quarter. Fisher Asset Management LLC now owns 43,581,024 shares of the oil and gas producer’s stock worth $1,447,326,000 after acquiring an additional 1,651,452 shares during the period. Finally, The Manufacturers Life Insurance Company raised its holdings in Canadian Natural Resources by 5.1% during the third quarter. The Manufacturers Life Insurance Company now owns 28,468,127 shares of the oil and gas producer’s stock worth $945,965,000 after purchasing an additional 1,383,478 shares in the last quarter. Hedge funds and other institutional investors own 74.03% of the company’s stock.

Canadian Natural Resources Price Performance

Shares of CNQ opened at $30.38 on Monday. The company has a current ratio of 0.84, a quick ratio of 0.53 and a debt-to-equity ratio of 0.21. The stock’s 50 day moving average is $31.32 and its two-hundred day moving average is $33.48. Canadian Natural Resources Limited has a twelve month low of $28.65 and a twelve month high of $41.29. The firm has a market capitalization of $63.89 billion, a PE ratio of 11.80 and a beta of 1.45.

About Canadian Natural Resources

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).