Unio Capital LLC purchased a new position in Agrium Inc. (NYSE:AGU) (TSE:AGU) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,595 shares of the basic materials company’s stock, valued at approximately $413,000.
Other hedge funds also recently bought and sold shares of the company. Capital Investment Counsel Inc acquired a new position in shares of Agrium during the 3rd quarter worth approximately $201,000. River Road Asset Management LLC bought a new position in Agrium in the 3rd quarter worth about $206,000. GW Henssler & Associates Ltd. bought a new position in Agrium in the 3rd quarter worth about $214,000. Stephens Inc. AR bought a new position in shares of Agrium in the third quarter valued at approximately $219,000. Finally, Moors & Cabot Inc. bought a new position in shares of Agrium in the third quarter valued at approximately $273,000. Institutional investors and hedge funds own 66.94% of the company’s stock.
A number of equities research analysts have issued reports on AGU shares. JPMorgan Chase & Co. dropped their price target on shares of Agrium from $100.00 to $95.00 and set a “neutral” rating on the stock in a research note on Friday, November 24th. Cowen increased their price target on shares of Agrium from $109.00 to $120.00 and gave the company an “outperform” rating in a report on Wednesday, November 22nd. TD Securities reissued a “buy” rating and issued a $134.00 price target on shares of Agrium in a report on Friday, November 10th. Finally, Stephens assumed coverage on shares of Agrium in a report on Monday, December 4th. They set an “overweight” rating and a $131.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the stock. Agrium has a consensus rating of “Hold” and an average price target of $113.23.
The company has a debt-to-equity ratio of 0.70, a current ratio of 1.29 and a quick ratio of 0.78. Agrium Inc. has a one year low of $87.82 and a one year high of $117.28. The stock has a market capitalization of $15,890.00, a price-to-earnings ratio of 29.49, a P/E/G ratio of 2.18 and a beta of 0.64.
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Agrium Inc is a Canada-based global producer and distributor of agricultural products, services and solutions. The Company produces nitrogen, potash and phosphate fertilizers, with a combined wholesale nutrient capacity of approximately 11 million tones. Agrium Inc supplies main products and services directly to growers, including crop nutrients, crop protection, seed, as well as agronomic and application services.
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