Nutrien Ltd. (NYSE:NTR) Shares Sold by Bfsg LLC

Bfsg LLC trimmed its position in shares of Nutrien Ltd. (NYSE:NTR) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,521 shares of the company’s stock after selling 769 shares during the period. Bfsg LLC’s holdings in Nutrien were worth $1,321,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC raised its stake in shares of Nutrien by 331.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 625 shares of the company’s stock valued at $28,000 after acquiring an additional 480 shares in the last quarter. Asset Planning Inc acquired a new stake in shares of Nutrien in the fourth quarter valued at $35,000. Exchange Traded Concepts LLC raised its stake in shares of Nutrien by 96.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 846 shares of the company’s stock valued at $38,000 after acquiring an additional 416 shares in the last quarter. Principal Securities Inc. raised its stake in shares of Nutrien by 138.1% in the fourth quarter. Principal Securities Inc. now owns 931 shares of the company’s stock valued at $42,000 after acquiring an additional 540 shares in the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new stake in shares of Nutrien in the fourth quarter valued at $67,000. 63.10% of the stock is currently owned by institutional investors and hedge funds.

Nutrien Stock Performance

Shares of Nutrien stock opened at $51.66 on Wednesday. The stock has a market capitalization of $25.37 billion, a price-to-earnings ratio of 34.67, a PEG ratio of 1.14 and a beta of 0.81. The firm’s fifty day simple moving average is $49.13 and its 200-day simple moving average is $48.13. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.27 and a quick ratio of 0.82. Nutrien Ltd. has a 12 month low of $43.69 and a 12 month high of $60.87.

Analyst Ratings Changes

NTR has been the topic of several analyst reports. JPMorgan Chase & Co. raised shares of Nutrien from an “underweight” rating to a “neutral” rating and raised their target price for the company from $40.00 to $50.00 in a report on Monday, January 13th. Raymond James upgraded shares of Nutrien from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $58.00 to $60.00 in a report on Tuesday, December 3rd. Barclays reiterated an “equal weight” rating and set a $56.00 target price (up previously from $55.00) on shares of Nutrien in a research note on Tuesday, January 21st. Piper Sandler raised their price target on Nutrien from $58.00 to $63.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. Finally, TD Securities decreased their price target on Nutrien from $63.00 to $61.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $59.00.

About Nutrien

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.