Citizens National Bank Trust Department Purchases 1,070 Shares of Nutrien Ltd. (NYSE:NTR)

Citizens National Bank Trust Department grew its position in Nutrien Ltd. (NYSE:NTR) by 14.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,255 shares of the company’s stock after acquiring an additional 1,070 shares during the quarter. Citizens National Bank Trust Department’s holdings in Nutrien were worth $369,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Alberta Investment Management Corp raised its holdings in shares of Nutrien by 4.4% in the 4th quarter. Alberta Investment Management Corp now owns 908,840 shares of the company’s stock worth $40,646,000 after buying an additional 38,000 shares in the last quarter. Lorne Steinberg Wealth Management Inc. grew its position in Nutrien by 0.8% in the fourth quarter. Lorne Steinberg Wealth Management Inc. now owns 90,973 shares of the company’s stock valued at $4,067,000 after acquiring an additional 740 shares during the period. Keating Investment Counselors Inc. raised its stake in Nutrien by 23.9% during the fourth quarter. Keating Investment Counselors Inc. now owns 80,503 shares of the company’s stock worth $3,603,000 after acquiring an additional 15,533 shares in the last quarter. Mraz Amerine & Associates Inc. lifted its holdings in shares of Nutrien by 2.4% during the fourth quarter. Mraz Amerine & Associates Inc. now owns 23,490 shares of the company’s stock valued at $1,051,000 after acquiring an additional 541 shares during the period. Finally, Sanctuary Advisors LLC lifted its holdings in shares of Nutrien by 12.3% during the fourth quarter. Sanctuary Advisors LLC now owns 36,815 shares of the company’s stock valued at $1,647,000 after acquiring an additional 4,028 shares during the period. Institutional investors own 63.10% of the company’s stock.

Nutrien Price Performance

Shares of NTR opened at $52.35 on Thursday. The company has a current ratio of 1.27, a quick ratio of 0.82 and a debt-to-equity ratio of 0.38. The stock has a market cap of $25.64 billion, a P/E ratio of 35.13, a price-to-earnings-growth ratio of 1.16 and a beta of 0.81. The stock’s 50-day moving average price is $49.22 and its two-hundred day moving average price is $48.16. Nutrien Ltd. has a 1 year low of $43.69 and a 1 year high of $60.87.

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NTR. JPMorgan Chase & Co. upgraded shares of Nutrien from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $40.00 to $50.00 in a research report on Monday, January 13th. Oppenheimer assumed coverage on shares of Nutrien in a research note on Thursday, December 12th. They set an “outperform” rating and a $60.00 price objective on the stock. TD Securities cut their target price on shares of Nutrien from $63.00 to $61.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. CIBC reissued an “outperformer” rating and issued a $55.00 target price (down from $60.00) on shares of Nutrien in a report on Tuesday, December 10th. Finally, UBS Group raised their price target on Nutrien from $51.00 to $53.00 and gave the company a “neutral” rating in a report on Tuesday, January 28th. One investment 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $59.00.

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.