Radnor Capital Management LLC Invests $217,000 in Nutrien Ltd. (NYSE:NTR)

Radnor Capital Management LLC bought a new position in shares of Nutrien Ltd. (NYSE:NTR - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 4,370 shares of the company's stock, valued at approximately $217,000.

Several other institutional investors also recently modified their holdings of NTR. Norges Bank bought a new position in shares of Nutrien during the 4th quarter valued at about $241,958,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Nutrien by 159.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,435,627 shares of the company's stock valued at $242,976,000 after purchasing an additional 3,341,169 shares in the last quarter. Barclays PLC lifted its holdings in shares of Nutrien by 192.7% during the 4th quarter. Barclays PLC now owns 411,056 shares of the company's stock valued at $18,395,000 after purchasing an additional 854,543 shares in the last quarter. Deutsche Bank AG lifted its holdings in shares of Nutrien by 11.3% during the 4th quarter. Deutsche Bank AG now owns 7,105,057 shares of the company's stock valued at $317,951,000 after purchasing an additional 721,935 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Nutrien by 30.3% during the 4th quarter. Geode Capital Management LLC now owns 3,022,551 shares of the company's stock valued at $137,202,000 after purchasing an additional 702,948 shares in the last quarter. 63.10% of the stock is currently owned by institutional investors and hedge funds.

Nutrien Trading Down 0.8%

Shares of Nutrien stock opened at $59.78 on Friday. Nutrien Ltd. has a 12-month low of $43.70 and a 12-month high of $60.84. The stock has a market cap of $29.15 billion, a P/E ratio of 43.64, 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. The business's 50 day moving average is $55.13 and its 200-day moving average is $51.50.

Nutrien (NYSE:NTR - Get Free Report) last announced its quarterly earnings data 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). Nutrien had a return on equity of 6.81% and a net margin of 2.62%. The company had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $5.16 billion. During the same quarter in the prior year, the company earned $0.46 EPS. The company's revenue for the quarter was down 5.4% on a year-over-year basis. Equities research analysts predict that Nutrien Ltd. will post 3.72 earnings per share for the current fiscal year.

Nutrien Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Investors of record on Monday, June 30th will be paid a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a yield of 3.65%. The ex-dividend date is Monday, June 30th. Nutrien's dividend payout ratio (DPR) is presently 203.74%.

Analysts Set New Price Targets

NTR has been the topic of several recent analyst reports. UBS Group lifted their price objective on Nutrien from $52.00 to $56.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. Berenberg Bank upped their price target on Nutrien from $54.00 to $59.00 and gave the stock a "buy" rating in a research report on Tuesday, April 15th. BNP Paribas raised Nutrien to a "strong-buy" rating in a research report on Wednesday, April 9th. Mizuho upped their price target on Nutrien from $52.00 to $55.00 and gave the stock a "neutral" rating in a research report on Thursday, February 20th. Finally, Bank of America upped their price target on Nutrien from $60.00 to $63.00 and gave the stock a "buy" rating in a research report on Wednesday, May 14th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Nutrien currently has a consensus rating of "Hold" and an average price target of $61.44.

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.

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