Nwam LLC lowered its position in Nutrien Ltd (NYSE:NTR) by 7.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,625 shares of the company’s stock after selling 601 shares during the quarter. Nwam LLC’s holdings in Nutrien were worth $365,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of NTR. DORCHESTER WEALTH MANAGEMENT Co increased its holdings in shares of Nutrien by 3.3% in the 4th quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 12,533 shares of the company’s stock valued at $600,000 after acquiring an additional 401 shares during the last quarter. HM Capital Management LLC raised its stake in Nutrien by 1.3% during the 3rd quarter. HM Capital Management LLC now owns 42,081 shares of the company’s stock worth $2,099,000 after acquiring an additional 535 shares in the last quarter. Hancock Whitney Corp lifted its position in Nutrien by 9.5% in the third quarter. Hancock Whitney Corp now owns 6,770 shares of the company’s stock valued at $338,000 after acquiring an additional 586 shares during the last quarter. AE Wealth Management LLC lifted its position in Nutrien by 2.2% in the third quarter. AE Wealth Management LLC now owns 31,632 shares of the company’s stock valued at $1,578,000 after acquiring an additional 668 shares during the last quarter. Finally, Close Asset Management Ltd lifted its position in Nutrien by 1.3% in the fourth quarter. Close Asset Management Ltd now owns 56,730 shares of the company’s stock valued at $2,717,000 after acquiring an additional 750 shares during the last quarter. Institutional investors own 64.05% of the company’s stock.
NYSE NTR opened at $44.28 on Friday. The firm has a market cap of $25.37 billion, a P/E ratio of 6.33, a P/E/G ratio of 1.99 and a beta of 0.90. Nutrien Ltd has a 52-week low of $44.17 and a 52-week high of $56.00. The business’s 50-day moving average price is $47.48 and its 200 day moving average price is $49.27. The company has a quick ratio of 0.77, a current ratio of 1.28 and a debt-to-equity ratio of 0.41.
Nutrien (NYSE:NTR) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.24 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.12). Nutrien had a net margin of 20.95% and a return on equity of 6.49%. The company had revenue of $4.13 billion for the quarter, compared to analysts’ expectations of $4.02 billion. During the same period in the prior year, the company earned $0.47 earnings per share. The firm’s revenue was up 3.6% on a year-over-year basis. As a group, analysts anticipate that Nutrien Ltd will post 2.15 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 4.07%. The ex-dividend date was Monday, December 30th. Nutrien’s dividend payout ratio is presently 66.91%.
A number of analysts have recently commented on the company. TheStreet upgraded Nutrien from a “c” rating to a “b-” rating in a research report on Friday, November 8th. Morgan Stanley decreased their target price on Nutrien from $54.00 to $50.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 11th. Raymond James set a $65.00 target price on Nutrien and gave the company a “strong-buy” rating in a research report on Wednesday, November 6th. Stephens downgraded Nutrien from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $68.00 to $55.00 in a research note on Thursday. Finally, Sanford C. Bernstein lowered Nutrien from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $68.00 to $53.00 in a research report on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $58.74.
About Nutrien
Nutrien Ltd. produces and markets crop nutrients to agricultural, industrial, and feed customers worldwide. It operates in four segments: Retail, Potash, Nitrogen, and Phosphate and Sulfate. The company offers potash, nitrogen, phosphate, and sulfate products. It also distributes crop nutrients, crop protection products, seeds, and merchandise products through operating 1,700 retail locations.
