Cardinal Capital Management, Inc. Buys TC Energy Corp, Pembina Pipeline Corp, Granite Real Estate Investment Trust, Sells Magna International Inc, Sun Life Financial Inc, PNC Financial Services Group Inc

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Apr 08, 2020
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Winnipeg, A2, based Investment company Cardinal Capital Management, Inc. (Current Portfolio) buys TC Energy Corp, Pembina Pipeline Corp, Granite Real Estate Investment Trust, Bank of Montreal, Canadian Pacific Railway, sells Magna International Inc, Sun Life Financial Inc, PNC Financial Services Group Inc, Simon Property Group Inc, Manulife Financial Corp during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Cardinal Capital Management, Inc.. As of 2020Q1, Cardinal Capital Management, Inc. owns 66 stocks with a total value of $1.2 billion. These are the details of the buys and sells.

For the details of Cardinal Capital Management, Inc.'s stock buys and sells, go to https://www.gurufocus.com/guru/cardinal+capital+management%2C+inc./current-portfolio/portfolio

These are the top 5 holdings of Cardinal Capital Management, Inc.
  1. TC Energy Corp (TRP) - 3,468,450 shares, 12.87% of the total portfolio. Shares added by 126.72%
  2. Royal Bank of Canada (RY) - 1,241,879 shares, 6.42% of the total portfolio. Shares added by 10.58%
  3. The Toronto-Dominion Bank (TD) - 1,769,610 shares, 6.28% of the total portfolio. Shares added by 12.10%
  4. Bank of Nova Scotia (BNS) - 1,706,767 shares, 5.82% of the total portfolio. Shares added by 14.85%
  5. Canadian National Railway Co (CNI) - 875,806 shares, 5.72% of the total portfolio. Shares added by 8.06%
New Purchase: Gilead Sciences Inc (GILD)

Cardinal Capital Management, Inc. initiated holding in Gilead Sciences Inc. The purchase prices were between $62.63 and $80.22, with an estimated average price of $68.92. The stock is now traded at around $74.99. The impact to a portfolio due to this purchase was 0.62%. The holding were 98,405 shares as of .

New Purchase: Sony Corp (SNE)

Cardinal Capital Management, Inc. initiated holding in Sony Corp. The purchase prices were between $51.68 and $73, with an estimated average price of $65.72. The stock is now traded at around $62.11. The impact to a portfolio due to this purchase was 0.54%. The holding were 109,045 shares as of .

New Purchase: Microsoft Corp (MSFT)

Cardinal Capital Management, Inc. initiated holding in Microsoft Corp. The purchase prices were between $135.42 and $188.7, with an estimated average price of $164.71. The stock is now traded at around $165.13. The impact to a portfolio due to this purchase was 0.04%. The holding were 3,044 shares as of .

New Purchase: The Travelers Companies Inc (TRV)

Cardinal Capital Management, Inc. initiated holding in The Travelers Companies Inc. The purchase prices were between $81.69 and $141.34, with an estimated average price of $125.01. The stock is now traded at around $104.94. The impact to a portfolio due to this purchase was 0.01%. The holding were 800 shares as of .

New Purchase: SPDR Gold Trust (GLD)

Cardinal Capital Management, Inc. initiated holding in SPDR Gold Trust. The purchase prices were between $138.04 and $157.81, with an estimated average price of $148.89. The stock is now traded at around $154.65. The impact to a portfolio due to this purchase was 0.01%. The holding were 430 shares as of .

New Purchase: Norfolk Southern Corp (NSC)

Cardinal Capital Management, Inc. initiated holding in Norfolk Southern Corp. The purchase prices were between $118.88 and $214.83, with an estimated average price of $185.51. The stock is now traded at around $158.97. The impact to a portfolio due to this purchase was 0.01%. The holding were 900 shares as of .

Added: TC Energy Corp (TRP)

Cardinal Capital Management, Inc. added to a holding in TC Energy Corp by 126.72%. The purchase prices were between $33.51 and $57.42, with an estimated average price of $50.87. The stock is now traded at around $46.03. The impact to a portfolio due to this purchase was 7.19%. The holding were 3,468,450 shares as of .

Added: Pembina Pipeline Corp (PBA)

Cardinal Capital Management, Inc. added to a holding in Pembina Pipeline Corp by 3064.00%. The purchase prices were between $11.66 and $40.19, with an estimated average price of $33.12. The stock is now traded at around $19.42. The impact to a portfolio due to this purchase was 4.57%. The holding were 3,014,061 shares as of .

Added: Granite Real Estate Investment Trust (GRP.U)

Cardinal Capital Management, Inc. added to a holding in Granite Real Estate Investment Trust by 1457.18%. The purchase prices were between $28.51 and $56.52, with an estimated average price of $49.74. The stock is now traded at around $43.60. The impact to a portfolio due to this purchase was 1.04%. The holding were 321,636 shares as of .

Added: Bank of Montreal (BMO)

Cardinal Capital Management, Inc. added to a holding in Bank of Montreal by 21.39%. The purchase prices were between $38.71 and $79.77, with an estimated average price of $68.26. The stock is now traded at around $53.30. The impact to a portfolio due to this purchase was 1%. The holding were 1,340,355 shares as of .

Added: Canadian Pacific Railway Ltd (CP)

Cardinal Capital Management, Inc. added to a holding in Canadian Pacific Railway Ltd by 64.75%. The purchase prices were between $181.36 and $273.53, with an estimated average price of $246.86. The stock is now traded at around $226.65. The impact to a portfolio due to this purchase was 0.88%. The holding were 121,781 shares as of .

Added: UnitedHealth Group Inc (UNH)

Cardinal Capital Management, Inc. added to a holding in UnitedHealth Group Inc by 103.80%. The purchase prices were between $194.86 and $305.31, with an estimated average price of $276.19. The stock is now traded at around $267.83. The impact to a portfolio due to this purchase was 0.32%. The holding were 30,260 shares as of .

Sold Out: PNC Financial Services Group Inc (PNC)

Cardinal Capital Management, Inc. sold out a holding in PNC Financial Services Group Inc. The sale prices were between $80.64 and $160.81, with an estimated average price of $135.33.

Sold Out: Total SA (TOT)

Cardinal Capital Management, Inc. sold out a holding in Total SA. The sale prices were between $24.76 and $56.51, with an estimated average price of $45.33.

Sold Out: AT&T Inc (T)

Cardinal Capital Management, Inc. sold out a holding in AT&T Inc. The sale prices were between $26.77 and $39.37, with an estimated average price of $36.28.

Sold Out: Fortis Inc (FTRSF.PFD)

Cardinal Capital Management, Inc. sold out a holding in Fortis Inc. The sale prices were between $7.95 and $13.21, with an estimated average price of $11.8.

Sold Out: Westpac Banking Corp (WBK)

Cardinal Capital Management, Inc. sold out a holding in Westpac Banking Corp. The sale prices were between $8.1 and $17.24, with an estimated average price of $14.96.

Sold Out: Becton, Dickinson and Co (BDX)

Cardinal Capital Management, Inc. sold out a holding in Becton, Dickinson and Co. The sale prices were between $200.58 and $285.99, with an estimated average price of $253.86.



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