4,954 Shares in Nutrien Ltd. (NYSE:NTR) Purchased by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in shares of Nutrien Ltd. (NYSE:NTR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,954 shares of the company's stock, valued at approximately $222,000.

Other institutional investors also recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its holdings in shares of Nutrien by 0.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 98,317 shares of the company's stock worth $4,400,000 after purchasing an additional 682 shares in the last quarter. Exchange Traded Concepts LLC lifted its position in Nutrien by 96.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 846 shares of the company's stock worth $38,000 after buying an additional 416 shares during the last quarter. PFG Investments LLC boosted its stake in Nutrien by 2.0% in the fourth quarter. PFG Investments LLC now owns 20,097 shares of the company's stock worth $899,000 after buying an additional 386 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in Nutrien during the fourth quarter valued at approximately $67,000. Finally, Diversified Investment Strategies LLC grew its position in Nutrien by 0.8% during the fourth quarter. Diversified Investment Strategies LLC now owns 93,902 shares of the company's stock valued at $4,202,000 after acquiring an additional 750 shares during the last quarter. 63.10% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

NTR has been the subject of a number of recent research reports. The Goldman Sachs Group boosted their price objective on shares of Nutrien from $53.00 to $59.00 and gave the stock a "sell" rating in a report on Friday, May 9th. CIBC boosted their price target on shares of Nutrien from $64.00 to $66.00 and gave the stock an "outperformer" rating in a research note on Tuesday, February 25th. Barclays upped their price target on shares of Nutrien from $59.00 to $61.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 14th. Royal Bank of Canada lifted their price objective on Nutrien from $60.00 to $65.00 and gave the stock an "outperform" rating in a report on Monday, May 12th. Finally, Oppenheimer boosted their target price on Nutrien from $58.00 to $63.00 and gave the company an "outperform" rating in a research note on Tuesday, May 13th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Nutrien currently has an average rating of "Hold" and a consensus price target of $61.44.

Nutrien Trading Up 0.5%

Shares of NYSE:NTR traded up $0.27 on Friday, hitting $59.05. The company had a trading volume of 2,553,457 shares, compared to its average volume of 2,156,670. The firm's 50-day simple moving average is $54.14 and its two-hundred day simple moving average is $51.01. The firm has a market capitalization of $28.83 billion, a price-to-earnings ratio of 43.10, a P/E/G ratio of 1.19 and a beta of 0.79. The company has a quick ratio of 0.82, a current ratio of 1.27 and a debt-to-equity ratio of 0.38. Nutrien Ltd. has a 1 year low of $43.70 and a 1 year high of $60.50.

Nutrien (NYSE:NTR - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.24). The company had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $5.16 billion. Nutrien had a return on equity of 6.81% and a net margin of 2.62%. Nutrien's quarterly revenue was down 5.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 earnings per share. Equities analysts anticipate that Nutrien Ltd. will post 3.72 earnings per share for the current fiscal year.

Nutrien Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Investors of record on Monday, June 30th will be given a dividend of $0.545 per share. The ex-dividend date is Monday, June 30th. This represents a $2.18 annualized dividend and a dividend yield of 3.69%. Nutrien's dividend payout ratio is presently 203.74%.

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.