Jupiter Asset Management Ltd. Takes Position in Nutrien Ltd. (NYSE:NTR)

Jupiter Asset Administration Ltd. purchased a brand new stake in shares of Nutrien Ltd. (NYSE:NTR – Free Report) within the 2nd quarter, in accordance with its most up-to-date disclosure with the Securities and Change Fee (SEC). The institutional investor purchased 113,696 shares of the corporate’s inventory, valued at roughly $6,708,000.

A number of different institutional buyers additionally just lately made modifications to their positions in NTR. Headlands Applied sciences LLC acquired a brand new place in shares of Nutrien throughout the second quarter value roughly $28,000. Covestor Ltd acquired a brand new place in shares of Nutrien throughout the first quarter value roughly $30,000. Zions Bancorporation N.A. boosted its place in shares of Nutrien by 55.2% throughout the first quarter. Zions Bancorporation N.A. now owns 301 shares of the corporate’s inventory value $31,000 after shopping for an extra 107 shares throughout the interval. Assetmark Inc. boosted its place in shares of Nutrien by 2,781.3% throughout the first quarter. Assetmark Inc. now owns 461 shares of the corporate’s inventory value $34,000 after shopping for an extra 445 shares throughout the interval. Lastly, Nelson Van Denburg & Campbell Wealth Administration Group LLC boosted its place in shares of Nutrien by 247.9% throughout the first quarter. Nelson Van Denburg & Campbell Wealth Administration Group LLC now owns 494 shares of the corporate’s inventory value $37,000 after shopping for an extra 352 shares throughout the interval. 62.77% of the inventory is owned by institutional buyers.

Nutrien Worth Efficiency

NYSE NTR opened at $56.59 on Friday. The inventory has a market capitalization of $27.99 billion, a P/E ratio of 13.07, a P/E/G ratio of 1.33 and a beta of 0.94. Nutrien Ltd. has a 1 12 months low of $52.23 and a 1 12 months excessive of $85.16. The enterprise’s fifty day transferring common is $59.02 and its two-hundred day transferring common is $60.77. The corporate has a debt-to-equity ratio of 0.37, a fast ratio of 0.79 and a present ratio of 1.25.

Nutrien (NYSE:NTR – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, November 1st. The corporate reported $0.35 earnings per share (EPS) for the quarter, lacking the consensus estimate of $0.71 by ($0.36). Nutrien had a web margin of seven.11% and a return on fairness of 11.93%. The corporate had income of $5.63 billion throughout the quarter, in comparison with the consensus estimate of $5.69 billion. Throughout the identical interval within the prior 12 months, the corporate posted $2.51 EPS. Nutrien’s quarterly income was down 31.2% on a year-over-year foundation. On common, analysis analysts forecast that Nutrien Ltd. will submit 5.39 earnings per share for the present fiscal 12 months.

Nutrien Broadcasts Dividend

The corporate additionally just lately introduced a quarterly dividend, which might be paid on Friday, January twelfth. Shareholders of file on Friday, December twenty ninth might be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of three.75%. The ex-dividend date of this dividend is Thursday, December twenty eighth. Nutrien’s dividend payout ratio (DPR) is at present 48.96%.

Wall Avenue Analysts Forecast Progress

A number of equities analysts have just lately issued reviews on the corporate. HSBC lowered their worth goal on Nutrien from $81.00 to $72.00 and set a “maintain” ranking for the corporate in a analysis report on Wednesday, July twenty sixth. JPMorgan Chase & Co. downgraded Nutrien from an “obese” ranking to a “impartial” ranking and lowered their worth goal for the inventory from $70.00 to $58.00 in a analysis report on Monday, November sixth. Berenberg Financial institution upped their goal worth on Nutrien from $49.00 to $67.00 and gave the inventory a “maintain” ranking in a analysis report on Thursday, September seventh. TheStreet downgraded Nutrien from a “b” ranking to a “c” ranking in a analysis report on Friday, November third. Lastly, Mizuho minimize their goal worth on Nutrien from $75.00 to $74.00 and set a “impartial” ranking for the corporate in a analysis report on Monday, July thirty first. One equities analysis analyst has rated the inventory with a promote ranking, seven have issued a maintain ranking and ten have given a purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat, the inventory has a consensus ranking of “Average Purchase” and a mean worth goal of $77.65.

Get Our Newest Inventory Report on NTR

Nutrien Profile

(Free Report)

Nutrien Ltd. gives crop inputs and companies. The corporate operates by means of Retail, Potash, Nitrogen, and Phosphate segments. The Retail section distributes crop vitamins, crop safety merchandise, seeds, and merchandise merchandise. The Potash section gives granular and customary potash merchandise. The Nitrogen section gives ammonia, urea, urea ammonium nitrate, industrial grade ammonium nitrate, and ammonium sulfate.

Additional Studying

Wish to see what different hedge funds are holding NTR? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Nutrien Ltd. (NYSE:NTR – Free Report).

Institutional Ownership by Quarter for Nutrien (NYSE:NTR)

This on the spot information alert was generated by narrative science know-how and monetary knowledge from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

Earlier than you contemplate Nutrien, you will wish to hear this.

MarketBeat retains observe of Wall Avenue’s top-rated and greatest performing analysis analysts and the shares they advocate to their purchasers every day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on… and Nutrien wasn’t on the listing.

Whereas Nutrien at present has a “Average Purchase” ranking amongst analysts, top-rated analysts imagine these 5 shares are higher buys.

View The 5 Shares Right here

5G Stocks: The Path Forward is Profitable Cover

Click on the hyperlink beneath and we’ll ship you MarketBeat’s information to investing in 5G and which 5G shares present essentially the most promise.

Get This Free Report

admin

Leave a Reply

Your email address will not be published. Required fields are marked *