Nutrien Ltd. $NTR Stock Holdings Trimmed by Andra AP fonden

Andra AP fonden lowered its position in shares of Nutrien Ltd. (NYSE:NTR) by 35.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,195 shares of the company’s stock after selling 15,026 shares during the quarter. Andra AP fonden’s holdings in Nutrien were worth $2,052,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. MH & Associates Securities Management Corp ADV acquired a new stake in shares of Nutrien in the fourth quarter valued at $1,967,000. TD Waterhouse Canada Inc. lifted its position in Nutrien by 4.2% during the 4th quarter. TD Waterhouse Canada Inc. now owns 2,359,022 shares of the company’s stock worth $145,257,000 after buying an additional 94,510 shares in the last quarter. Vanguard Group Inc. lifted its position in Nutrien by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 22,463,277 shares of the company’s stock worth $1,386,546,000 after buying an additional 479,834 shares in the last quarter. BCS Private Wealth Management Inc. lifted its position in Nutrien by 501.5% during the 4th quarter. BCS Private Wealth Management Inc. now owns 65,913 shares of the company’s stock worth $4,104,000 after buying an additional 54,955 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Nutrien by 6.8% during the 4th quarter. Geode Capital Management LLC now owns 4,833,284 shares of the company’s stock worth $304,217,000 after acquiring an additional 309,025 shares during the last quarter. Institutional investors own 63.10% of the company’s stock.

Nutrien Stock Performance

NTR stock opened at $68.56 on Friday. Nutrien Ltd. has a twelve month low of $53.03 and a twelve month high of $85.36. The company has a quick ratio of 0.59, a current ratio of 1.24 and a debt-to-equity ratio of 0.35. The company has a market cap of $32.80 billion, a P/E ratio of 13.96, a price-to-earnings-growth ratio of 0.67 and a beta of 0.62. The business’s fifty day moving average is $66.59 and its 200-day moving average is $70.05.

Nutrien (NYSE:NTR) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.03. The business had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.30 billion. Nutrien had a return on equity of 8.84% and a net margin of 8.58%.The firm’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.11 earnings per share. Equities research analysts forecast that Nutrien Ltd. will post 5.11 EPS for the current year.

Nutrien Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.20 annualized dividend and a yield of 3.2%. Nutrien’s dividend payout ratio (DPR) is presently 44.81%.

Analyst Ratings Changes

Several research firms have weighed in on NTR. Weiss Ratings upgraded shares of Nutrien from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 1st. Royal Bank Of Canada boosted their target price on Nutrien from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 7th. Morgan Stanley decreased their price target on Nutrien from $93.00 to $81.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Scotia upgraded Nutrien from a “sector perform” rating to a “sector outperform” rating and set a $80.00 price objective for the company in a research report on Tuesday, June 30th. Finally, Scotiabank raised Nutrien from a “sector perform” rating to a “sector outperform” rating and set a $80.00 price objective for the company in a report on Tuesday, June 30th. Fourteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $81.89.

Nutrien Profile

Nutrien Ltd. is a global fertilizer and agricultural-services company headquartered in Saskatoon, Saskatchewan, Canada. The company is publicly traded and operates across the farm input value chain, combining upstream fertilizer production with a broad retail and services platform aimed at supporting crop production worldwide. Nutrien’s business model integrates the manufacture and distribution of crop nutrients with on-the-ground agronomic support for growers and agricultural businesses.

Nutrien produces and supplies the three primary fertilizer nutrients—potash, nitrogen and phosphate—through its wholesale operations, and markets a wide range of crop inputs including seeds and crop protection products.