Nutrien Ltd. $NTR Shares Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. boosted its position in shares of Nutrien Ltd. (NYSE:NTR) by 13.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,264,512 shares of the company’s stock after buying an additional 275,075 shares during the quarter. Nutrien accounts for approximately 0.8% of TD Waterhouse Canada Inc.’s investment portfolio, making the stock its 29th largest position. TD Waterhouse Canada Inc. owned approximately 0.47% of Nutrien worth $128,463,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Campbell & CO Investment Adviser LLC lifted its holdings in shares of Nutrien by 122.1% in the third quarter. Campbell & CO Investment Adviser LLC now owns 68,124 shares of the company’s stock valued at $4,000,000 after purchasing an additional 37,447 shares in the last quarter. Advisors Asset Management Inc. raised its position in Nutrien by 20.2% during the second quarter. Advisors Asset Management Inc. now owns 69,551 shares of the company’s stock valued at $4,051,000 after buying an additional 11,704 shares during the period. Sagard Holdings Management Inc. purchased a new stake in Nutrien in the 2nd quarter worth about $1,511,000. IFP Advisors Inc boosted its position in Nutrien by 12.3% during the 2nd quarter. IFP Advisors Inc now owns 52,426 shares of the company’s stock worth $3,053,000 after acquiring an additional 5,752 shares during the period. Finally, Boston Partners purchased a new position in Nutrien during the 2nd quarter valued at about $150,416,000. Institutional investors own 63.10% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on NTR shares. Wall Street Zen cut shares of Nutrien from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Wells Fargo & Company began coverage on shares of Nutrien in a research note on Tuesday, November 11th. They set an “equal weight” rating and a $64.00 target price for the company. Oppenheimer reaffirmed an “outperform” rating on shares of Nutrien in a research note on Tuesday. Bank of America reiterated a “neutral” rating and set a $67.00 price objective on shares of Nutrien in a report on Tuesday, October 14th. Finally, Royal Bank Of Canada boosted their target price on Nutrien from $70.00 to $75.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Nutrien currently has a consensus rating of “Hold” and a consensus price target of $65.88.

Nutrien Stock Up 1.8%

NTR stock opened at $71.58 on Thursday. The firm has a market cap of $34.50 billion, a PE ratio of 19.29 and a beta of 0.72. Nutrien Ltd. has a 1 year low of $45.78 and a 1 year high of $72.36. The company has a fifty day simple moving average of $62.26 and a 200 day simple moving average of $59.39. The company has a current ratio of 1.41, a quick ratio of 0.89 and a debt-to-equity ratio of 0.39.

Nutrien (NYSE:NTR) last posted its earnings results on Wednesday, November 5th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.06. The company had revenue of $5.82 billion for the quarter, compared to analyst estimates of $5.59 billion. Nutrien had a return on equity of 7.54% and a net margin of 6.79%.The business’s revenue was up 12.3% compared to the same quarter last year. During the same period last year, the company earned $0.39 earnings per share. Sell-side analysts anticipate that Nutrien Ltd. will post 3.72 EPS for the current fiscal year.

Nutrien Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.545 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.18 dividend on an annualized basis and a yield of 3.0%. Nutrien’s dividend payout ratio is presently 58.76%.

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.