Fiera Capital Corp Sells 40,952 Shares of Nutrien Ltd. (NYSE:NTR)

Fiera Capital Corp lowered its holdings in shares of Nutrien Ltd. (NYSE:NTR) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 978,601 shares of the company’s stock after selling 40,952 shares during the period. Fiera Capital Corp’s holdings in Nutrien were worth $43,741,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of NTR. HHM Wealth Advisors LLC boosted 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 in the last quarter. Exchange Traded Concepts LLC boosted its holdings in Nutrien by 96.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 846 shares of the company’s stock worth $38,000 after acquiring an additional 416 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new stake in shares of Nutrien in the fourth quarter worth $67,000. Larson Financial Group LLC increased its holdings in shares of Nutrien by 1,370.6% during the third 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 in the last quarter. Finally, Cromwell Holdings LLC raised its position in shares of Nutrien by 113.4% in the 3rd quarter. Cromwell Holdings LLC now owns 1,694 shares of the company’s stock worth $82,000 after purchasing an additional 900 shares during the last quarter. Hedge funds and other institutional investors own 63.10% of the company’s stock.

Wall Street Analysts Forecast Growth

NTR has been the topic of several recent analyst reports. TD Securities cut their price objective on shares of Nutrien from $63.00 to $61.00 and set a “buy” rating on the stock in a research report on Tuesday, November 12th. JPMorgan Chase & Co. raised shares of Nutrien from an “underweight” rating to a “neutral” rating and raised their price target for the company from $40.00 to $50.00 in a research report on Monday, January 13th. CIBC restated an “outperformer” rating and issued a $55.00 price objective (down from $60.00) on shares of Nutrien in a report on Tuesday, December 10th. Barclays reiterated an “equal weight” rating and set a $56.00 target price (up from $55.00) on shares of Nutrien in a research note on Tuesday, January 21st. Finally, Wells Fargo & Company boosted their price target on Nutrien from $52.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 28th. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $59.00.

Nutrien Stock Down 3.6 %

NTR opened at $49.91 on Thursday. The firm’s 50 day simple moving average is $48.87 and its two-hundred day simple moving average is $48.10. The company has a market capitalization of $24.51 billion, a PE ratio of 33.50, a PEG ratio of 1.13 and a beta of 0.81. Nutrien Ltd. has a 1-year low of $43.69 and a 1-year high of $60.87. The company has a current ratio of 1.27, a quick ratio of 0.82 and a debt-to-equity ratio of 0.38.

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.