Nutrien Ltd. (NYSE:NTR) Shares Acquired by De Lisle Partners LLP

De Lisle Partners LLP increased its holdings in shares of Nutrien Ltd. (NYSE:NTR) by 28.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,000 shares of the company’s stock after acquiring an additional 6,000 shares during the period. De Lisle Partners LLP’s holdings in Nutrien were worth $1,298,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Nutrien in the 3rd quarter valued at approximately $150,181,000. Blueshift Asset Management LLC acquired a new position in shares of Nutrien in the third quarter valued at approximately $347,000. Hardy Reed LLC purchased a new position in shares of Nutrien during the 3rd quarter worth $236,000. Goodman Financial Corp lifted its position in Nutrien by 4.6% during the third quarter. Goodman Financial Corp now owns 253,860 shares of the company’s stock worth $12,201,000 after buying an additional 11,058 shares during the period. Finally, Quantbot Technologies LP lifted its holdings in shares of Nutrien by 40.0% during the 3rd quarter. Quantbot Technologies LP now owns 137,380 shares of the company’s stock worth $6,602,000 after acquiring an additional 39,234 shares during the period. Hedge funds and other institutional investors own 63.10% of the company’s stock.

Nutrien Price Performance

NTR opened at $46.09 on Thursday. 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 company’s 50-day moving average price is $47.97 and its 200 day moving average price is $49.91. Nutrien Ltd. has a fifty-two week low of $44.65 and a fifty-two week high of $60.87. The firm has a market cap of $22.76 billion, a price-to-earnings ratio of 30.93, a price-to-earnings-growth ratio of 1.64 and a beta of 0.82.

Nutrien (NYSE:NTR) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.04). The company had revenue of $5.35 billion during the quarter, compared to the consensus estimate of $5.26 billion. Nutrien had a return on equity of 6.99% and a net margin of 2.79%. The company’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same period last year, the business posted $0.35 EPS. As a group, sell-side analysts expect that Nutrien Ltd. will post 3.56 earnings per share for the current year.

Nutrien Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.939 per share. This is an increase from Nutrien’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.76 annualized dividend and a dividend yield of 8.15%. Nutrien’s payout ratio is 144.97%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on NTR shares. BMO Capital Markets cut their price objective on Nutrien from $80.00 to $75.00 and set an “outperform” rating on the stock in a report on Friday, August 9th. TD Securities reduced their target price on shares of Nutrien from $63.00 to $61.00 and set a “buy” rating on the stock in a research report on Tuesday, November 12th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $60.00 price target on shares of Nutrien in a report on Friday, September 20th. Hsbc Global Res lowered shares of Nutrien from a “hold” rating to a “moderate sell” rating in a report on Friday, August 2nd. Finally, Mizuho lowered their target price on Nutrien from $55.00 to $52.00 and set a “neutral” rating for the company in a research note on Thursday, August 8th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $60.33.

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.