Epoch Investment Partners Inc. Has $53.29 Million Stock Holdings in Nutrien Ltd. (NYSE:NTR)

Epoch Investment Partners Inc. cut its position in Nutrien Ltd. (NYSE:NTR - Free Report) by 9.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,190,777 shares of the company's stock after selling 126,758 shares during the quarter. Epoch Investment Partners Inc. owned 0.24% of Nutrien worth $53,287,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Fairway Wealth LLC acquired a new position in shares of Nutrien in the 4th quarter valued at approximately $27,000. HHM Wealth Advisors LLC increased its position in shares of Nutrien by 331.0% in 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 during the last quarter. Assetmark Inc. raised its stake in shares of Nutrien by 1,437.5% in the 4th quarter. Assetmark Inc. now owns 738 shares of the company's stock valued at $33,000 after purchasing an additional 690 shares in the last quarter. Asset Planning Inc acquired a new position in Nutrien in the fourth quarter worth about $35,000. Finally, Exchange Traded Concepts LLC raised its stake in Nutrien by 96.7% during the fourth quarter. Exchange Traded Concepts LLC now owns 846 shares of the company's stock valued at $38,000 after buying an additional 416 shares in the last quarter. 63.10% of the stock is owned by institutional investors and hedge funds.

Nutrien Stock Up 0.4 %

Shares of NYSE NTR traded up $0.21 during mid-day trading on Friday, reaching $53.89. The company had a trading volume of 994,275 shares, compared to its average volume of 2,089,808. 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 $26.34 billion, a price-to-earnings ratio of 39.32, a PEG ratio of 1.19 and a beta of 0.77. The stock has a fifty day moving average of $51.07 and a two-hundred day moving average of $49.36. Nutrien Ltd. has a 12-month low of $43.70 and a 12-month high of $60.87.

Nutrien (NYSE:NTR - Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by ($0.09). Nutrien had a return on equity of 6.81% and a net margin of 2.62%. The company had revenue of $5.08 billion during the quarter, compared to analysts' expectations of $5.09 billion. As a group, equities research analysts expect that Nutrien Ltd. will post 3.72 EPS for the current year.

Nutrien Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 31st were paid a $0.545 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.18 dividend on an annualized basis and a yield of 4.05%. Nutrien's dividend payout ratio (DPR) is currently 159.12%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on NTR shares. Scotiabank boosted their price target on Nutrien from $60.00 to $62.00 and gave the company a "sector outperform" rating in a report on Monday, February 24th. Barclays increased their target price on shares of Nutrien from $56.00 to $59.00 and gave the stock an "equal weight" rating in a report on Wednesday, March 5th. Oppenheimer decreased their price target on shares of Nutrien from $60.00 to $58.00 and set an "outperform" rating for the company in a report on Tuesday. Berenberg Bank raised their target price on shares of Nutrien from $54.00 to $59.00 and gave the stock a "buy" rating in a report on Tuesday, April 15th. Finally, Piper Sandler lifted their target price on Nutrien from $58.00 to $63.00 and gave the company an "overweight" rating in a research note on Monday, January 27th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $59.27.

Nutrien Company 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.