8,811 Shares in Nutrien Ltd. $NTR Acquired by Vise Technologies Inc.

Vise Technologies Inc. bought a new position in shares of Nutrien Ltd. (NYSE:NTR) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,811 shares of the company’s stock, valued at approximately $513,000.

Several other institutional investors also recently modified their holdings of the stock. DJE Kapital AG bought a new stake in shares of Nutrien during the 2nd quarter worth $6,237,000. Acadian Asset Management LLC lifted its holdings in shares of Nutrien by 40,772.7% during the second quarter. Acadian Asset Management LLC now owns 449,600 shares of the company’s stock valued at $26,143,000 after purchasing an additional 448,500 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in shares of Nutrien in the 2nd quarter valued at $1,787,000. Scheer Rowlett & Associates Investment Management Ltd. boosted its position in shares of Nutrien by 2.7% in the 2nd quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 614,526 shares of the company’s stock valued at $35,832,000 after purchasing an additional 16,309 shares during the period. Finally, PCJ Investment Counsel Ltd. increased its stake in Nutrien by 4.3% in the 2nd quarter. PCJ Investment Counsel Ltd. now owns 24,730 shares of the company’s stock worth $1,442,000 after purchasing an additional 1,020 shares in the last quarter. Institutional investors own 63.10% of the company’s stock.

Nutrien Trading Up 0.8%

Nutrien stock opened at $59.34 on Friday. Nutrien Ltd. has a 12 month low of $43.69 and a 12 month high of $65.08. The company has a quick ratio of 0.85, a current ratio of 1.33 and a debt-to-equity ratio of 0.39. The stock has a market cap of $28.74 billion, a P/E ratio of 21.27, a P/E/G ratio of 0.92 and a beta of 0.83. The company’s fifty day simple moving average is $57.60 and its 200-day simple moving average is $58.38.

Nutrien (NYSE:NTR) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.06. Nutrien had a return on equity of 6.51% and a net margin of 5.25%.The firm had revenue of $5.82 billion during the quarter, compared to analysts’ expectations of $5.59 billion. During the same quarter last year, the firm earned $0.39 earnings per share. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. As a group, sell-side analysts forecast that Nutrien Ltd. will post 3.72 EPS for the current fiscal year.

Nutrien Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Wednesday, December 31st will be given a dividend of $0.545 per share. This represents a $2.18 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, December 31st. Nutrien’s dividend payout ratio (DPR) is presently 58.76%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Zacks Research cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 16th. Scotiabank decreased their price objective on shares of Nutrien from $65.00 to $63.00 and set a “sector perform” rating for the company in a research note on Monday, November 10th. UBS Group lowered their price objective on shares of Nutrien from $63.00 to $58.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Wall Street Zen lowered Nutrien from a “strong-buy” rating to a “buy” rating in a report on Friday, September 5th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Nutrien in a research report on Wednesday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Nutrien presently has an average rating of “Hold” and a consensus price target of $62.94.

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.