2 weeks Ago By ABMN Staff
Shares of Nutrien Ltd. ( NYSE:NTR – Get Free Report ) have been given an average recommendation of “Hold” by the nineteen analysts that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company.
The average twelve-month target price among analysts that have issued a report on the stock in the last year is $60.44. A number of brokerages have issued reports on NTR.
Scotiabank decreased their target price on shares of Nutrien from $66.00 to $59.00 and set a “sector outperform” rating on the stock in a research report on Monday, August 12th.
Royal Bank of Canada restated an “outperform” rating and set a $60.00 price objective on shares of Nutrien in a research note on Friday, September 20th. Hsbc Global Res cut Nutrien from a “hold” rating to a “moderate sell” rating in a report on Friday, August 2nd.
Mizuho reduced their target price on Nutrien from $55.00 to $52.00 and set a “neutral” rating on the stock in a report on Thursday, August 8th.
Finally, Wells Fargo & Company downgraded Nutrien from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $62.00 to $50.00 in a research note on Tuesday, September 24th.
Check Out Our Latest Report on Nutrien Nutrien Stock Performance Nutrien ( NYSE:NTR – Get Free Report ) last announced its earnings results on Wednesday, November 6th. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.
43 by ($0.04). Nutrien had a net margin of 2.
79% and a return on equity of 6.99%. The business had revenue of $5.
35 billion during the quarter, compared to the consensus estimate of $5.26 billion. During the same period in the previous year, the firm posted $0.
35 EPS. The company’s revenue was down 5.0% compared to the same quarter last year.
Research analysts expect that Nutrien will post 3.82 EPS for the current year. Nutrien Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th.
Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.939 per share. This represents a $3.
76 dividend on an annualized basis and a dividend yield of 7.69%. This is a positive change from Nutrien’s previous quarterly dividend of $0.
54. The ex-dividend date of this dividend is Tuesday, December 31st. Nutrien’s dividend payout ratio (DPR) is presently 144.
97%. Institutional Inflows and Outflows Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc.
increased its position in Nutrien by 3.1% in the 1st quarter. Vanguard Group Inc.
now owns 18,781,287 shares of the company’s stock valued at $1,020,012,000 after acquiring an additional 570,912 shares during the period. Bank of Montreal Can increased its holdings in Nutrien by 15.5% in the second quarter.
Bank of Montreal Can now owns 13,354,385 shares of the company’s stock valued at $719,668,000 after purchasing an additional 1,794,333 shares during the period. Silchester International Investors LLP raised its position in Nutrien by 164.4% during the 3rd quarter.
Silchester International Investors LLP now owns 10,683,242 shares of the company’s stock worth $513,437,000 after purchasing an additional 6,642,075 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in Nutrien by 0.5% during the 1st quarter.
First Eagle Investment Management LLC now owns 9,571,272 shares of the company’s stock worth $519,816,000 after buying an additional 50,369 shares during the period. Finally, 1832 Asset Management L.P.
grew its position in shares of Nutrien by 1.9% in the 2nd quarter. 1832 Asset Management L.
P. now owns 9,006,528 shares of the company’s stock valued at $458,522,000 after buying an additional 167,312 shares during the last quarter. Institutional investors own 63.
10% of the company’s stock. Nutrien Company Profile ( Get Free Report 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.
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