Weatherly Asset Management L. P. Sells 2,020 Shares of Nutrien Ltd. (NYSE:NTR)

Weatherly Asset Management L. P. trimmed its holdings in shares of Nutrien Ltd. (NYSE:NTR) by 4.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 39,723 shares of the company’s stock after selling 2,020 shares during the quarter. Weatherly Asset Management L. P.’s holdings in Nutrien were worth $1,798,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. HHM Wealth Advisors LLC increased its stake in Nutrien by 331.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 625 shares of the company’s stock worth $28,000 after purchasing an additional 480 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Nutrien by 96.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 846 shares of the company’s stock worth $38,000 after acquiring an additional 416 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in shares of Nutrien during the 4th quarter worth approximately $67,000. Larson Financial Group LLC grew its stake in shares of Nutrien by 1,370.6% during the 3rd quarter. Larson Financial Group LLC now owns 1,603 shares of the company’s stock worth $77,000 after acquiring an additional 1,494 shares in the last quarter. Finally, Cromwell Holdings LLC grew its stake in shares of Nutrien by 113.4% during the 3rd quarter. Cromwell Holdings LLC now owns 1,694 shares of the company’s stock worth $82,000 after acquiring an additional 900 shares in the last quarter. 63.10% of the stock is owned by institutional investors.

Nutrien Stock Up 3.3 %

NTR opened at $51.95 on Tuesday. Nutrien Ltd. has a fifty-two week low of $43.69 and a fifty-two week high of $60.87. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.82 and a current ratio of 1.27. The company has a market capitalization of $25.51 billion, a P/E ratio of 34.87, a P/E/G ratio of 1.13 and a beta of 0.81. The stock has a fifty day moving average of $48.73 and a 200-day moving average of $48.09.

Analyst Ratings Changes

Several equities analysts have recently weighed in on NTR shares. TD Securities decreased their price target on shares of Nutrien from $63.00 to $61.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. Raymond James raised shares of Nutrien from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $58.00 to $60.00 in a research note on Tuesday, December 3rd. JPMorgan Chase & Co. raised Nutrien from an “underweight” rating to a “neutral” rating and increased their price objective for the company from $40.00 to $50.00 in a report on Monday, January 13th. Barclays reissued an “equal weight” rating and issued a $56.00 price objective (up previously from $55.00) on shares of Nutrien in a report on Tuesday, January 21st. Finally, Oppenheimer started coverage on Nutrien in a report on Thursday, December 12th. They issued an “outperform” rating and a $60.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $59.00.

About Nutrien

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.