XTX Topco Ltd Has $220,000 Holdings in Nutrien Ltd. (NYSE:NTR)

XTX Topco Ltd decreased its position in shares of Nutrien Ltd. (NYSE:NTR) by 79.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,422 shares of the company’s stock after selling 17,301 shares during the quarter. XTX Topco Ltd’s holdings in Nutrien were worth $220,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of NTR. Wealth Enhancement Advisory Services LLC increased its position in shares of Nutrien by 184.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,243 shares of the company’s stock valued at $608,000 after buying an additional 7,934 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Nutrien by 27.6% during the 1st quarter. Farther Finance Advisors LLC now owns 4,627 shares of the company’s stock worth $229,000 after buying an additional 1,002 shares during the last quarter. Kingswood Wealth Advisors LLC acquired a new position in shares of Nutrien during the 1st quarter worth about $517,000. Bessemer Group Inc. lifted its stake in Nutrien by 163.7% in the 1st quarter. Bessemer Group Inc. now owns 1,690 shares of the company’s stock valued at $84,000 after purchasing an additional 1,049 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Nutrien by 4,866.7% in the 1st quarter. GAMMA Investing LLC now owns 1,043 shares of the company’s stock valued at $52,000 after purchasing an additional 1,022 shares during the last quarter. Institutional investors and hedge funds own 63.10% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on NTR. Jefferies Financial Group reaffirmed a “hold” rating and set a $66.00 target price (up from $63.00) on shares of Nutrien in a report on Friday, July 11th. Raymond James Financial lowered shares of Nutrien from an “outperform” rating to a “market perform” rating and set a $68.00 price target on the stock. in a report on Tuesday, June 17th. Oppenheimer lifted their price target on shares of Nutrien from $63.00 to $65.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Wells Fargo & Company boosted their target price on shares of Nutrien from $59.00 to $62.00 and gave the company an “equal weight” rating in a report on Thursday, July 17th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Nutrien in a report on Monday, July 14th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Nutrien has an average rating of “Moderate Buy” and an average price target of $62.65.

Nutrien Price Performance

Shares of NYSE:NTR opened at $56.06 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.33 and a quick ratio of 0.85. Nutrien Ltd. has a one year low of $43.69 and a one year high of $65.08. The company’s fifty day moving average price is $59.76 and its 200-day moving average price is $55.42. The firm has a market capitalization of $27.30 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 1.03 and a beta of 0.81.

Nutrien (NYSE:NTR) last posted its earnings results on Wednesday, August 6th. The company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.41 by $0.24. Nutrien had a net margin of 5.25% and a return on equity of 6.51%. The firm had revenue of $10.30 billion during the quarter, compared to analysts’ expectations of $10.40 billion. During the same period last year, the company posted $2.34 EPS. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. On average, equities research analysts anticipate that Nutrien Ltd. will post 3.72 earnings per share for the current fiscal year.

Nutrien Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Monday, September 29th will be issued a $0.545 dividend. This represents a $2.18 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, September 29th. Nutrien’s payout ratio is 78.14%.

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.