Cardinal Capital Management Upped Its Canadian Natural Resources LTD (CNQ) Holding; Eaton Vance Floating-rate Income Trust (EFT) Sentiment Is 1.53

February 20, 2018 - By Adrian Erickson

The stock increased 0.21% or $0.03 during the last trading session, reaching $14.62. About 105,509 shares traded. Eaton Vance Floating-Rate Income Trust (EFT) has risen 15.19% since February 20, 2017 and is uptrending. It has underperformed by 1.51% the S&P500.

Cardinal Capital Management Inc increased Canadian Natural Resources Ltd. (CNQ) stake by 1.68% reported in 2017Q3 SEC filing. Cardinal Capital Management Inc acquired 26,209 shares as Canadian Natural Resources Ltd. (CNQ)’s stock rose 3.36%. The Cardinal Capital Management Inc holds 1.59 million shares with $53.07 million value, up from 1.56M last quarter. Canadian Natural Resources Ltd. now has $37.96 billion valuation. The stock increased 0.93% or $0.29 during the last trading session, reaching $31.52. About 1.95M shares traded. Canadian Natural Resources Limited (NYSE:CNQ) has risen 10.32% since February 20, 2017 and is uptrending. It has underperformed by 6.38% the S&P500.

Restructuring Capital Associates Lp holds 10.57% of its portfolio in Eaton Vance Floating-Rate Income Trust for 729,649 shares. Intersect Capital Llc owns 380,503 shares or 3.16% of their US portfolio. Moreover, Marble Harbor Investment Counsel Llc has 1.51% invested in the company for 506,820 shares. The California-based Symphony Asset Management Llc has invested 0.58% in the stock. Rock Point Advisors Llc, a Vermont-based fund reported 63,949 shares.

Among 14 analysts covering Canadian Natural Resources Limited (NYSE:CNQ), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Canadian Natural Resources Limited has $60 highest and $21 lowest target. $40.60’s average target is 28.81% above currents $31.52 stock price. Canadian Natural Resources Limited had 31 analyst reports since July 21, 2015 according to SRatingsIntel. Wells Fargo downgraded Canadian Natural Resources Limited (NYSE:CNQ) on Wednesday, February 7 to “Market Perform” rating. RBC Capital Markets maintained it with “Buy” rating and $38.40 target in Thursday, June 16 report. As per Friday, December 16, the company rating was initiated by Wells Fargo. On Tuesday, December 15 the stock rating was maintained by JP Morgan with “Neutral”. The firm has “Buy” rating given on Friday, June 17 by Citigroup. The rating was upgraded by Raymond James on Friday, August 7 to “”. The stock has “Neutral” rating by Citigroup on Friday, July 21. The company was maintained on Friday, October 13 by Morgan Stanley. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, January 24 report. As per Friday, January 8, the company rating was downgraded by Macquarie Research.

Cardinal Capital Management Inc decreased Nextera Energy Inc. (NYSE:NEE) stake by 97,233 shares to 300 valued at $44,000 in 2017Q3. It also reduced Us Bancorp (NYSE:USB) stake by 6,475 shares and now owns 288,082 shares. Pnc Financial Services Group I (NYSE:PNC) was reduced too.

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