Osmosis Investment Management UK Ltd Invests $5.18 Million in Nutrien Ltd. $NTR

Osmosis Investment Management UK Ltd bought a new position in shares of Nutrien Ltd. (NYSE:NTR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 82,321 shares of the company’s stock, valued at approximately $5,184,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NTR. Montag A & Associates Inc. boosted its stake in Nutrien by 310.7% in the 4th quarter. Montag A & Associates Inc. now owns 423 shares of the company’s stock worth $26,000 after purchasing an additional 320 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Nutrien by 1,014.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 479 shares of the company’s stock valued at $30,000 after buying an additional 436 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of Nutrien in the second quarter worth $30,000. Evolution Wealth Management Inc. purchased a new position in shares of Nutrien in the first quarter worth $32,000. Finally, Allied Private Wealth LLC bought a new position in shares of Nutrien during the second quarter worth $33,000. Institutional investors own 63.10% of the company’s stock.

Analyst Ratings Changes

NTR has been the subject of several research analyst reports. Wall Street Zen cut shares of Nutrien from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. National Bank Financial decreased their price target on shares of Nutrien from $76.00 to $74.00 and set an “outperform” rating on the stock in a research note on Monday, August 10th. UBS Group dropped their price objective on shares of Nutrien from $67.00 to $65.00 and set a “sell” rating for the company in a report on Monday, May 11th. Bank of America upgraded Nutrien from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a research report on Thursday, April 30th. Finally, Raymond James Financial raised Nutrien from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $74.00 to $90.00 in a report on Tuesday, May 5th. Seventeen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Nutrien currently has an average rating of “Moderate Buy” and a consensus price target of $81.58.

Nutrien Trading Up 0.1%

Shares of NTR opened at $75.36 on Monday. The stock has a market capitalization of $36.05 billion, a PE ratio of 15.26, a P/E/G ratio of 0.76 and a beta of 0.61. The company’s fifty day moving average is $66.42 and its 200 day moving average is $70.43. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.86 and a current ratio of 1.39. Nutrien Ltd. has a fifty-two week low of $53.03 and a fifty-two week high of $85.36.

Nutrien (NYSE:NTR) last released its quarterly earnings data on Wednesday, August 5th. The company reported $2.61 EPS for the quarter, missing the consensus estimate of $2.70 by ($0.09). Nutrien had a net margin of 8.44% and a return on equity of 8.88%. The business had revenue of $10.81 billion for the quarter, compared to the consensus estimate of $10.44 billion. During the same quarter last year, the business earned $2.65 EPS. Nutrien’s revenue for the quarter was up 3.6% compared to the same quarter last year. Sell-side analysts expect that Nutrien Ltd. will post 4.95 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, October 16th. Investors of record on Tuesday, September 29th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.9%. Nutrien’s dividend payout ratio (DPR) is presently 44.53%.

About Nutrien

Nutrien Ltd. is a global fertilizer and agricultural-services company headquartered in Saskatoon, Saskatchewan, Canada. The company is publicly traded and operates across the farm input value chain, combining upstream fertilizer production with a broad retail and services platform aimed at supporting crop production worldwide. Nutrien’s business model integrates the manufacture and distribution of crop nutrients with on-the-ground agronomic support for growers and agricultural businesses.

Nutrien produces and supplies the three primary fertilizer nutrients—potash, nitrogen and phosphate—through its wholesale operations, and markets a wide range of crop inputs including seeds and crop protection products.