Unio Capital LLC purchased a new stake in Agrium Inc. (NYSE:AGU) (TSE:AGU) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 3,595 shares of the basic materials company’s stock, valued at approximately $413,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Investment Counsel Inc purchased a new position in shares of Agrium during the 3rd quarter worth about $201,000. River Road Asset Management LLC purchased a new position in shares of Agrium during the 3rd quarter worth about $206,000. GW Henssler & Associates Ltd. purchased a new position in shares of Agrium during the 3rd quarter worth about $214,000. Stephens Inc. AR purchased a new position in shares of Agrium during the 3rd quarter worth about $219,000. Finally, Chevy Chase Trust Holdings Inc. purchased a new position in shares of Agrium during the 4th quarter worth about $291,000. Institutional investors own 66.94% of the company’s stock.
A number of equities research analysts recently weighed in on AGU shares. JPMorgan Chase & Co. decreased their price objective on shares of Agrium from $100.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, November 24th. Stephens began 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. Finally, Cowen boosted 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. One research analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $113.23.
Agrium Inc. has a fifty-two week low of $87.82 and a fifty-two week high of $117.28. The firm has a market cap of $15,890.00, a P/E ratio of 29.49, a price-to-earnings-growth ratio of 2.18 and a beta of 0.64. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.78 and a current ratio of 1.29.
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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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