Nutrien Ltd. (NYSE:NTR) Position Lowered by Fiera Capital Corp

Fiera Capital Corp lowered its stake in Nutrien Ltd. (NYSE:NTR - Free Report) by 4.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 978,601 shares of the company's stock after selling 40,952 shares during the quarter. Fiera Capital Corp owned approximately 0.20% of Nutrien worth $43,741,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. HHM Wealth Advisors LLC raised its holdings 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 acquiring an additional 480 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings 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 acquiring an additional 416 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new position in Nutrien in the 4th quarter valued at $67,000. Larson Financial Group LLC raised its holdings in Nutrien by 1,370.6% in the 3rd quarter. Larson Financial Group LLC now owns 1,603 shares of the company's stock valued at $77,000 after acquiring an additional 1,494 shares during the last quarter. Finally, Cromwell Holdings LLC raised its holdings in Nutrien by 113.4% in the 3rd quarter. Cromwell Holdings LLC now owns 1,694 shares of the company's stock valued at $82,000 after acquiring an additional 900 shares during the last quarter. Hedge funds and other institutional investors own 63.10% of the company's stock.

Nutrien Stock Up 0.6 %

NYSE:NTR traded up $0.31 on Friday, reaching $51.01. The stock had a trading volume of 714,807 shares, compared to its average volume of 2,239,952. The company has a current ratio of 1.27, a quick ratio of 0.82 and a debt-to-equity ratio of 0.38. The company has a 50-day moving average of $48.96 and a 200 day moving average of $48.13. The stock has a market cap of $25.05 billion, a P/E ratio of 34.23, a price-to-earnings-growth ratio of 1.13 and a beta of 0.81. Nutrien Ltd. has a 12-month low of $43.69 and a 12-month high of $60.87.

Analyst Ratings Changes

Several brokerages have weighed in on NTR. Wells Fargo & Company boosted their price target on Nutrien from $52.00 to $53.00 and gave the company an "equal weight" rating in a report on Tuesday, January 28th. TD Securities cut their price target on Nutrien from $63.00 to $61.00 and set a "buy" rating for the company in a report on Tuesday, November 12th. Piper Sandler boosted their price target on Nutrien from $58.00 to $63.00 and gave the company an "overweight" rating in a report on Monday, January 27th. Raymond James upgraded Nutrien from a "market perform" rating to an "outperform" rating and upped their price objective for the stock from $58.00 to $60.00 in a report on Tuesday, December 3rd. Finally, Barclays restated an "equal weight" rating and set a $56.00 price objective (up from $55.00) on shares of Nutrien in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat.com, Nutrien presently has a consensus rating of "Moderate Buy" and an average 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.