U.S. Capital Wealth Advisors LLC Lowers Stake in Nutrien Ltd. (NYSE:NTR)

U.S. Capital Wealth Advisors LLC lowered its position in Nutrien Ltd. (NYSE:NTR - Free Report) by 19.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,513 shares of the company's stock after selling 4,699 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Nutrien were worth $969,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Tidal Investments LLC grew its holdings in Nutrien by 2.9% during the fourth quarter. Tidal Investments LLC now owns 10,262 shares of the company's stock valued at $459,000 after purchasing an additional 293 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Nutrien by 23.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,804 shares of the company's stock valued at $81,000 after acquiring an additional 348 shares in the last quarter. PKO Investment Management Joint Stock Co lifted its position in shares of Nutrien by 2.5% in the first quarter. PKO Investment Management Joint Stock Co now owns 16,296 shares of the company's stock valued at $811,000 after acquiring an additional 400 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of Nutrien by 11.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,736 shares of the company's stock valued at $212,000 after acquiring an additional 477 shares in the last quarter. Finally, Fairway Wealth LLC purchased a new position in shares of Nutrien in the fourth quarter valued at about $27,000. Institutional investors own 63.10% of the company's stock.

Analyst Ratings Changes

NTR has been the topic of several research analyst reports. Scotiabank downgraded Nutrien from an "outperform" rating to a "sector perform" rating and set a $62.00 price objective on the stock. in a research report on Thursday, May 22nd. Bank of America boosted their price objective on Nutrien from $60.00 to $63.00 and gave the company a "buy" rating in a research report on Wednesday, May 14th. Jefferies Financial Group restated a "hold" rating and issued a $66.00 price objective (up from $63.00) on shares of Nutrien in a research report on Friday. Wells Fargo & Company boosted their price objective on Nutrien from $56.00 to $59.00 and gave the company an "equal weight" rating in a research report on Monday, May 12th. Finally, Royal Bank Of Canada boosted their target price on Nutrien from $60.00 to $65.00 and gave the stock an "outperform" rating in a research report on Monday, May 12th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $62.50.

Nutrien Trading Down 0.6%

Shares of NTR traded down $0.35 during mid-day trading on Friday, reaching $60.45. 1,409,896 shares of the company's stock traded hands, compared to its average volume of 2,185,137. Nutrien Ltd. has a 12 month low of $43.70 and a 12 month high of $65.08. The stock has a market cap of $29.44 billion, a P/E ratio of 56.52, a P/E/G ratio of 1.18 and a beta of 0.80. The stock's 50-day moving average is $59.33 and its two-hundred day moving average is $53.72. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.22 and a quick ratio of 0.59.

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 the consensus estimate of $0.35 by ($0.24). Nutrien had a return on equity of 6.08% and a net margin of 2.05%. The firm had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $5.16 billion. During the same period last year, the company earned $0.46 EPS. The firm's revenue for the quarter was down 5.4% compared to the same quarter last year. Research analysts forecast that Nutrien Ltd. will post 3.72 earnings per share for the current fiscal year.

Nutrien Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Monday, June 30th. This represents a $2.18 annualized dividend and a yield of 3.61%. Nutrien's dividend payout ratio (DPR) is currently 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.