Nutrien Ltd. $NTR Shares Sold by Public Sector Pension Investment Board

Public Sector Pension Investment Board lowered its position in Nutrien Ltd. (NYSE:NTR) by 25.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 331,829 shares of the company’s stock after selling 115,500 shares during the period. Public Sector Pension Investment Board’s holdings in Nutrien were worth $19,491,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of NTR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Nutrien by 65.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,224 shares of the company’s stock worth $1,253,000 after purchasing an additional 9,950 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Nutrien by 6.2% during the 1st quarter. NewEdge Advisors LLC now owns 6,907 shares of the company’s stock worth $343,000 after buying an additional 404 shares during the last quarter. Focus Partners Wealth purchased a new stake in shares of Nutrien in the 1st quarter worth about $516,000. Acadian Asset Management LLC purchased a new stake in shares of Nutrien in the 1st quarter worth about $54,000. Finally, Vanguard Personalized Indexing Management LLC grew its stake in Nutrien by 29.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 19,664 shares of the company’s stock valued at $1,145,000 after acquiring an additional 4,508 shares during the last quarter. 63.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NTR has been the subject of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of Nutrien in a research report on Monday, December 29th. Scotiabank lifted their price objective on Nutrien from $63.00 to $70.00 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. Wall Street Zen raised Nutrien from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Royal Bank Of Canada raised their price target on Nutrien from $70.00 to $75.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. Finally, Zacks Research raised Nutrien from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $66.31.

Nutrien Stock Up 0.6%

Shares of NYSE NTR opened at $70.83 on Friday. The firm has a market cap of $34.10 billion, a P/E ratio of 19.09 and a beta of 0.73. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.89 and a current ratio of 1.41. Nutrien Ltd. has a 1 year low of $45.78 and a 1 year high of $73.55. The firm’s 50 day moving average price is $65.16 and its 200 day moving average price is $60.26.

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.