Stephens Inc. AR Trims Stock Holdings in Nutrien Ltd. (NYSE:NTR)

Stephens Inc. AR lessened its stake in shares of Nutrien Ltd. (NYSE:NTR) by 3.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,918 shares of the company’s stock after selling 2,383 shares during the quarter. Stephens Inc. AR’s holdings in Nutrien were worth $3,039,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB raised its holdings in Nutrien by 15.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 53,540 shares of the company’s stock valued at $2,396,000 after acquiring an additional 6,988 shares during the last quarter. Live Oak Private Wealth LLC acquired a new position in Nutrien in the fourth quarter valued at $609,000. Strategic Financial Concepts LLC acquired a new position in Nutrien in the fourth quarter valued at $210,000. Bleakley Financial Group LLC lifted its position in Nutrien by 5.4% during the fourth quarter. Bleakley Financial Group LLC now owns 16,776 shares of the company’s stock worth $751,000 after buying an additional 855 shares during the period. Finally, ARGA Investment Management LP boosted its stake in Nutrien by 25.7% in the 4th quarter. ARGA Investment Management LP now owns 6,043,590 shares of the company’s stock worth $270,396,000 after buying an additional 1,236,671 shares during the last quarter. Institutional investors and hedge funds own 63.10% of the company’s stock.

Analyst Upgrades and Downgrades

NTR has been the subject of a number of research analyst reports. CIBC reaffirmed an “outperformer” rating and set a $55.00 price objective (down previously from $60.00) on shares of Nutrien in a research note on Tuesday, December 10th. Scotiabank increased their price target on shares of Nutrien from $59.00 to $60.00 and gave the stock a “sector outperform” rating in a research note on Monday. TD Securities decreased their price target on shares of Nutrien from $63.00 to $61.00 and set a “buy” rating on the stock in a report on Tuesday, November 12th. UBS Group upped their price objective on Nutrien from $51.00 to $53.00 and gave the stock a “neutral” rating in a report on Tuesday, January 28th. Finally, Wells Fargo & Company lifted their target price on Nutrien from $52.00 to $53.00 and gave the company an “equal weight” rating in a report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $59.00.

Nutrien Price Performance

NTR opened at $51.82 on Wednesday. Nutrien Ltd. has a twelve month low of $43.69 and a twelve month high of $60.87. The firm has a market cap of $25.45 billion, a price-to-earnings ratio of 34.78, a PEG ratio of 1.13 and a beta of 0.81. 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 fifty day simple moving average of $48.81 and a 200 day simple moving average of $48.10.

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.