Mitsubishi UFJ Trust & Banking Corp Sells 86,900 Shares of Nutrien Ltd. (NYSE:NTR)

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in shares of Nutrien Ltd. (NYSE:NTRFree Report) by 26.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 243,068 shares of the company’s stock after selling 86,900 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Nutrien were worth $15,003,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of NTR. GHP Investment Advisors Inc. acquired a new position in Nutrien during the third quarter worth $27,000. Headlands Technologies LLC acquired a new position in Nutrien during the second quarter worth $28,000. Legacy Financial Group LLC bought a new stake in shares of Nutrien in the 3rd quarter worth $28,000. Covestor Ltd bought a new stake in shares of Nutrien in the 1st quarter worth $30,000. Finally, Zions Bancorporation N.A. grew its stake in shares of Nutrien by 55.2% in the 1st quarter. Zions Bancorporation N.A. now owns 301 shares of the company’s stock worth $31,000 after acquiring an additional 107 shares in the last quarter. Institutional investors and hedge funds own 62.77% of the company’s stock.

Nutrien Price Performance

Shares of NYSE:NTR opened at $50.05 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 1.25 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $24.75 billion, a PE ratio of 11.56, a P/E/G ratio of 1.32 and a beta of 0.89. Nutrien Ltd. has a twelve month low of $48.29 and a twelve month high of $83.29. The company has a 50-day moving average price of $53.25 and a two-hundred day moving average price of $57.80.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on NTR shares. Piper Sandler reduced their target price on shares of Nutrien from $70.00 to $68.00 and set a “neutral” rating for the company in a research note on Friday, November 17th. BNP Paribas lowered shares of Nutrien from an “outperform” rating to a “neutral” rating in a research note on Thursday, November 30th. Royal Bank of Canada reduced their target price on shares of Nutrien from $80.00 to $75.00 and set an “outperform” rating for the company in a research note on Wednesday, January 10th. BMO Capital Markets reduced their target price on shares of Nutrien from $86.00 to $80.00 and set an “outperform” rating for the company in a research note on Thursday, January 25th. Finally, JPMorgan Chase & Co. lowered shares of Nutrien from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $70.00 to $58.00 in a research note on Monday, November 6th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $72.84.

Check Out Our Latest Report on Nutrien

Nutrien Profile

(Free Report)

Nutrien Ltd. provides crop inputs and services. The company operates through Retail, Potash, Nitrogen, and Phosphate segments. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products. The Nitrogen segment offers ammonia, urea, urea ammonium nitrate, industrial grade ammonium nitrate, and ammonium sulfate.

See Also

Institutional Ownership by Quarter for Nutrien (NYSE:NTR)

Receive News & Ratings for Nutrien Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nutrien and related companies with MarketBeat.com's FREE daily email newsletter.