1,583 Shares in Nutrien Ltd. (NYSE:NTR) Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA acquired a new stake in Nutrien Ltd. (NYSE:NTR) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,583 shares of the company’s stock, valued at approximately $67,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Uncommon Cents Investing LLC raised its holdings in shares of Nutrien by 2.1% in the fourth quarter. Uncommon Cents Investing LLC now owns 11,550 shares of the company’s stock valued at $517,000 after buying an additional 235 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Nutrien by 3.5% in the fourth quarter. Rhumbline Advisers now owns 7,398 shares of the company’s stock worth $331,000 after acquiring an additional 247 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Nutrien by 6.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,309 shares of the company’s stock valued at $207,000 after buying an additional 263 shares during the last quarter. Meixler Investment Management Ltd. raised its holdings in Nutrien by 4.2% during the 3rd quarter. Meixler Investment Management Ltd. now owns 7,159 shares of the company’s stock worth $344,000 after purchasing an additional 288 shares during the last quarter. Finally, Atria Investments Inc lifted its holdings in Nutrien by 2.0% in the third quarter. Atria Investments Inc now owns 14,636 shares of the company’s stock valued at $703,000 after buying an additional 290 shares during the period. Institutional investors and hedge funds own 63.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. raised Nutrien from an “underweight” rating to a “neutral” rating and upped their price target for the company from $40.00 to $50.00 in a research note on Monday, January 13th. Oppenheimer began coverage on shares of Nutrien in a research note on Thursday, December 12th. They issued an “outperform” rating and a $60.00 price target on the stock. Scotiabank upped their price target on shares of Nutrien from $60.00 to $62.00 and gave the company a “sector outperform” rating in a report on Monday. UBS Group raised their price objective on shares of Nutrien from $53.00 to $54.00 and gave the stock a “neutral” rating in a report on Thursday, February 20th. Finally, Barclays reaffirmed an “equal weight” rating and issued a $56.00 target price (up from $55.00) on shares of Nutrien in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $60.11.

Nutrien Trading Up 2.7 %

NYSE NTR opened at $53.60 on Wednesday. The company has a market cap of $26.25 billion, a PE ratio of 39.12, a PEG ratio of 1.19 and a beta of 0.81. Nutrien Ltd. has a 12 month low of $43.69 and a 12 month high of $60.87. The stock has a 50 day moving average of $49.66 and a 200-day moving average of $48.35. The company has a current ratio of 1.27, a quick ratio of 0.82 and a debt-to-equity ratio of 0.38.

Nutrien (NYSE:NTR) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.09). The firm had revenue of $5.08 billion during the quarter, compared to analyst estimates of $5.09 billion. Nutrien had a net margin of 2.62% and a return on equity of 6.81%. On average, equities research analysts anticipate that Nutrien Ltd. will post 3.72 EPS for the current fiscal year.

Nutrien Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 31st will be given a dividend of $0.545 per share. This represents a $2.18 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date is Monday, March 31st. Nutrien’s dividend payout ratio (DPR) is presently 159.12%.

Nutrien Profile

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.