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Loomis Sayles & Company LP Increases Stake in Canadian Natural Resources (CNQ); As Potash Sask (POT) Stock Value Declined, Invesco LTD Upped Holding by $3.53 Million

Loomis Sayles & Company LP increased its stake in Canadian Natural Resources (CNQ) by 186.39% based on its latest 2017Q2 regulatory filing with the SEC. Loomis Sayles & Company LP bought 48,023 shares as the company’s stock rose 3.36% with the market. The institutional investor held 73,788 shares of the oil & gas production company at the end of 2017Q2, valued at $2.13M, up from 25,765 at the end of the previous reported quarter. Loomis Sayles & Company LP who had been investing in Canadian Natural Resources for a number of months, seems to be bullish on the $40.80B market cap company. The stock decreased 1.75% or $0.59 during the last trading session, reaching $33.06. About 2.91M shares traded or 56.19% up from the average. Canadian Natural Resources Limited (NYSE:CNQ) has risen 10.32% since December 16, 2016 and is uptrending. It has underperformed by 6.38% the S&P500.

Invesco Ltd increased its stake in Potash Corp Sask Inc (POT) by 14.09% based on its latest 2017Q2 regulatory filing with the SEC. Invesco Ltd bought 220,765 shares as the company’s stock declined 11.27% while stock markets rallied. The institutional investor held 1.79 million shares of the agricultural chemicals company at the end of 2017Q2, valued at $29.15 million, up from 1.57 million at the end of the previous reported quarter. Invesco Ltd who had been investing in Potash Corp Sask Inc for a number of months, seems to be bullish on the $16.71B market cap company. The stock decreased 1.65% or $0.33 during the last trading session, reaching $19.63. About 5.77 million shares traded or 51.97% up from the average. Potash Corporation of Saskatchewan Inc. (NYSE:POT) has risen 0.06% since December 16, 2016 and is uptrending. It has underperformed by 16.64% the S&P500.

Among 14 analysts covering Canadian Natural Resources Limited (NYSE:CNQ), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Canadian Natural Resources Limited had 29 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “” rating given on Friday, August 7 by Raymond James. The firm has “Outperform” rating by RBC Capital Markets given on Friday, November 6. Citigroup maintained the stock with “Buy” rating in Thursday, April 7 report. As per Friday, January 8, the company rating was downgraded by Macquarie Research. The stock has “Overweight” rating by JP Morgan on Wednesday, August 26. On Friday, August 19 the stock rating was initiated by Bank of America with “Buy”. On Friday, July 21 the stock rating was downgraded by Citigroup to “Neutral”. The firm has “Sector Outperform” rating given on Friday, August 7 by Scotia Capital. The firm has “Hold” rating given on Friday, April 1 by TD Securities. The stock of Canadian Natural Resources Limited (NYSE:CNQ) has “Equal-Weight” rating given on Tuesday, January 12 by Morgan Stanley.

Loomis Sayles & Company L P, which manages about $42.48B US Long portfolio, decreased its stake in Wyndham Worldwide Corp (NYSE:WYN) by 26,104 shares to 246,117 shares, valued at $24.71 million in 2017Q2, according to the filing. It also reduced its holding in Cabot Corp (NYSE:CBT) by 17,127 shares in the quarter, leaving it with 215,280 shares, and cut its stake in Colgate Palmolive (NYSE:CL).

Invesco Ltd, which manages about $321.34 billion US Long portfolio, decreased its stake in Consolidated Comm Hldgs Inc (NASDAQ:CNSL) by 18,899 shares to 315,419 shares, valued at $6.77M in 2017Q2, according to the filing. It also reduced its holding in Cardtronics Plc by 13,823 shares in the quarter, leaving it with 266,170 shares, and cut its stake in Caesarstone Ltd (NASDAQ:CSTE).

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