Nutrien Ltd. (NYSE:NTR) Shares Sold by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC reduced its position in Nutrien Ltd. (NYSE:NTR) by 87.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,327 shares of the company’s stock after selling 67,733 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Nutrien were worth $417,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of NTR. HHM Wealth Advisors LLC increased its stake in Nutrien by 331.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 625 shares of the company’s stock valued at $28,000 after buying an additional 480 shares during the period. Asset Planning Inc acquired a new position in Nutrien in the 4th quarter valued at $35,000. Exchange Traded Concepts LLC increased its stake in Nutrien by 96.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 846 shares of the company’s stock valued at $38,000 after buying an additional 416 shares during the period. Principal Securities Inc. increased its stake in Nutrien by 138.1% in the 4th quarter. Principal Securities Inc. now owns 931 shares of the company’s stock valued at $42,000 after buying an additional 540 shares during the period. Finally, Union Bancaire Privee UBP SA acquired a new position in Nutrien in the 4th quarter valued at $67,000. 63.10% of the stock is owned by institutional investors and hedge funds.

Nutrien Price Performance

Nutrien stock opened at $52.68 on Friday. The firm’s 50-day moving average is $49.41 and its two-hundred day moving average is $48.23. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.27 and a quick ratio of 0.82. The stock has a market capitalization of $25.80 billion, a P/E ratio of 38.45, a P/E/G ratio of 1.17 and a beta of 0.81. Nutrien Ltd. has a 12-month low of $43.69 and a 12-month high of $60.87.

Nutrien (NYSE:NTR) last released its earnings results on Wednesday, February 19th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.09). Nutrien had a return on equity of 6.81% and a net margin of 2.62%. The firm had revenue of $5.08 billion during the quarter, compared to analysts’ expectations of $5.09 billion. Equities analysts predict that Nutrien Ltd. will post 3.72 earnings per share for the current year.

Nutrien Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.545 per share. This represents a $2.18 annualized dividend and a dividend yield of 4.14%. The ex-dividend date of this dividend is Monday, March 31st. Nutrien’s dividend payout ratio (DPR) is 157.67%.

Analysts Set New Price Targets

NTR has been the topic of a number of recent analyst reports. Oppenheimer began coverage on shares of Nutrien in a research note on Thursday, December 12th. They set an “outperform” rating and a $60.00 price target on the stock. TD Securities lowered their target price on shares of Nutrien from $63.00 to $61.00 and set a “buy” rating on the stock in a research report on Tuesday, November 12th. CIBC reiterated an “outperformer” rating and set a $55.00 price target (down from $60.00) on shares of Nutrien in a research report on Tuesday, December 10th. Raymond James upgraded Nutrien from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $58.00 to $60.00 in a report on Tuesday, December 3rd. Finally, Scotiabank lifted their price objective on Nutrien from $59.00 to $60.00 and gave the stock a “sector outperform” rating in a report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $59.39.

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.