Cwm LLC Buys 1,815 Shares of Nutrien Ltd. (NYSE:NTR)

Cwm LLC increased its stake in Nutrien Ltd. (NYSE:NTR) by 30.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,738 shares of the company’s stock after purchasing an additional 1,815 shares during the period. Cwm LLC’s holdings in Nutrien were worth $372,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Lester Murray Antman dba SimplyRich raised its position in shares of Nutrien by 2.3% during the second quarter. Lester Murray Antman dba SimplyRich now owns 9,069 shares of the company’s stock worth $461,000 after acquiring an additional 202 shares during the last quarter. FFT Wealth Management LLC boosted its stake in shares of Nutrien by 0.8% in the 2nd quarter. FFT Wealth Management LLC now owns 29,220 shares of the company’s stock valued at $1,488,000 after purchasing an additional 220 shares during the last quarter. Covestor Ltd grew its position in shares of Nutrien by 33.3% during the 1st quarter. Covestor Ltd now owns 932 shares of the company’s stock worth $50,000 after buying an additional 233 shares during the period. MONECO Advisors LLC grew its holdings in Nutrien by 2.4% during the 2nd quarter. MONECO Advisors LLC now owns 9,791 shares of the company’s stock worth $498,000 after acquiring an additional 233 shares during the period. Finally, Royal London Asset Management Ltd. raised its position in shares of Nutrien by 1.1% during the 2nd quarter. Royal London Asset Management Ltd. now owns 23,995 shares of the company’s stock valued at $1,222,000 after acquiring an additional 265 shares during the last quarter. Institutional investors and hedge funds own 63.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on NTR. BMO Capital Markets reduced their price target on Nutrien from $80.00 to $75.00 and set an “outperform” rating on the stock in a research report on Friday, August 9th. HSBC lowered Nutrien from a “hold” rating to a “reduce” rating in a research report on Friday, August 2nd. Mizuho lowered their price target on Nutrien from $55.00 to $52.00 and set a “neutral” rating for the company in a research note on Thursday, August 8th. TD Securities reduced their price objective on shares of Nutrien from $69.00 to $67.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st. Finally, The Goldman Sachs Group downgraded shares of Nutrien from a “buy” rating to a “neutral” rating and lowered their target price for the company from $69.00 to $53.00 in a research note on Tuesday, September 10th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, Nutrien currently has a consensus rating of “Hold” and an average target price of $60.67.

Nutrien Price Performance

NYSE NTR opened at $47.68 on Monday. The firm’s 50 day moving average is $47.65 and its 200-day moving average is $51.14. The company has a quick ratio of 0.82, a current ratio of 1.26 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $23.55 billion, a PE ratio of 29.80, a price-to-earnings-growth ratio of 1.62 and a beta of 0.82. Nutrien Ltd. has a 12-month low of $44.65 and a 12-month high of $61.89.

Nutrien (NYSE:NTR) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $2.34 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.15. Nutrien had a net margin of 2.97% and a return on equity of 6.91%. The company had revenue of $10.16 billion during the quarter, compared to the consensus estimate of $10.82 billion. During the same period in the prior year, the business posted $2.53 EPS. The company’s quarterly revenue was down 12.9% on a year-over-year basis. Equities research analysts anticipate that Nutrien Ltd. will post 3.75 earnings per share for the current fiscal year.

Nutrien Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, September 27th were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date of this dividend was Friday, September 27th. Nutrien’s dividend payout ratio is currently 135.00%.

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.