O Brien Greene & Co. Inc Sells 1,800 Shares of Nutrien Ltd. (NYSE:NTR)

O Brien Greene & Co. Inc decreased its position in shares of Nutrien Ltd. (NYSE:NTR) by 1.4% in the fourth quarter, HoldingsChannel reports. The fund owned 130,742 shares of the company’s stock after selling 1,800 shares during the quarter. Nutrien makes up 1.9% of O Brien Greene & Co. Inc’s portfolio, making the stock its 22nd largest position. O Brien Greene & Co. Inc’s holdings in Nutrien were worth $5,851,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. HHM Wealth Advisors LLC increased its position in shares of Nutrien by 331.0% during the fourth quarter. HHM Wealth Advisors LLC now owns 625 shares of the company’s stock worth $28,000 after purchasing an additional 480 shares in the last quarter. Asset Planning Inc acquired a new position in Nutrien during the 4th quarter valued at about $35,000. Exchange Traded Concepts LLC increased its position in Nutrien by 96.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 846 shares of the company’s stock valued at $38,000 after buying an additional 416 shares in the last quarter. Principal Securities Inc. raised its stake in Nutrien by 138.1% in the fourth quarter. Principal Securities Inc. now owns 931 shares of the company’s stock valued at $42,000 after buying an additional 540 shares during the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new stake in Nutrien in the fourth quarter worth about $67,000. 63.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on NTR. TD Securities decreased their price objective on shares of Nutrien from $63.00 to $61.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. Piper Sandler raised their price target on shares of Nutrien from $58.00 to $63.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. JPMorgan Chase & Co. raised shares of Nutrien from an “underweight” rating to a “neutral” rating and boosted their price objective for the company from $40.00 to $50.00 in a report on Monday, January 13th. Scotiabank raised their target price on Nutrien from $59.00 to $60.00 and gave the stock a “sector outperform” rating in a research note on Monday, February 10th. Finally, Raymond James upgraded Nutrien from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $58.00 to $60.00 in a research note on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.00.

Nutrien Stock Performance

NTR opened at $52.35 on Thursday. The firm has a fifty day moving average price of $49.22 and a 200 day moving average price of $48.16. Nutrien Ltd. has a 1 year low of $43.69 and a 1 year high of $60.87. The stock has a market cap of $25.64 billion, a P/E ratio of 35.13, a P/E/G ratio of 1.16 and a beta of 0.81. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.27 and a quick ratio of 0.82.

Nutrien (NYSE:NTR) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.09). Nutrien had a return on equity of 6.99% and a net margin of 2.79%. Equities research analysts anticipate that Nutrien Ltd. will post 3.49 earnings per share for the current year.

About Nutrien

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.