Nutrien Ltd. (NYSE:NTR) Shares Sold by Bfsg LLC

Bfsg LLC reduced its holdings in Nutrien Ltd. (NYSE:NTR) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,521 shares of the company’s stock after selling 769 shares during the period. Bfsg LLC’s holdings in Nutrien were worth $1,321,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of NTR. Silchester International Investors LLP boosted its stake in shares of Nutrien by 164.4% in the third quarter. Silchester International Investors LLP now owns 10,683,242 shares of the company’s stock worth $513,437,000 after acquiring an additional 6,642,075 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Nutrien in the third quarter worth approximately $150,181,000. ARGA Investment Management LP boosted its stake in shares of Nutrien by 25.7% in the fourth quarter. ARGA Investment Management LP now owns 6,043,590 shares of the company’s stock worth $270,396,000 after acquiring an additional 1,236,671 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Nutrien by 78.8% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,495,282 shares of the company’s stock worth $121,271,000 after acquiring an additional 1,100,000 shares during the last quarter. Finally, Toronto Dominion Bank boosted its stake in shares of Nutrien by 11.9% in the third quarter. Toronto Dominion Bank now owns 4,220,354 shares of the company’s stock worth $202,830,000 after acquiring an additional 447,413 shares during the last quarter. 63.10% of the stock is owned by institutional investors and hedge funds.

Nutrien Stock Up 1.5 %

NYSE:NTR opened at $51.66 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 1.27 and a debt-to-equity ratio of 0.38. The stock’s fifty day moving average is $49.13 and its two-hundred day moving average is $48.13. Nutrien Ltd. has a 52 week low of $43.69 and a 52 week high of $60.87. The stock has a market capitalization of $25.37 billion, a price-to-earnings ratio of 34.67, a price-to-earnings-growth ratio of 1.14 and a beta of 0.81.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NTR. Piper Sandler lifted their price target on Nutrien from $58.00 to $63.00 and gave the stock an “overweight” rating in a research note on Monday, January 27th. TD Securities lowered their price objective on Nutrien from $63.00 to $61.00 and set a “buy” rating on the stock in a research note on Tuesday, November 12th. Raymond James raised Nutrien from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $58.00 to $60.00 in a research note on Tuesday, December 3rd. Scotiabank boosted their price objective on Nutrien from $59.00 to $60.00 and gave the stock a “sector outperform” rating in a research note on Monday, February 10th. Finally, CIBC reissued an “outperformer” rating and set a $55.00 price objective (down previously from $60.00) on shares of Nutrien in a research note on Tuesday, December 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $59.00.

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.