Jones Collombin Investment Counsel Inc buys $15,613,910 stake in Agrium (USA) (AGU)

Agrium (USA) (AGU) : Jones Collombin Investment Counsel Inc scooped up 24,962 additional shares in Agrium (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 169,000 shares of Agrium (USA) which is valued at $15,613,910.Agrium (USA) makes up approximately 4.50% of Jones Collombin Investment Counsel Inc’s portfolio.

Other Hedge Funds, Including , Willingdon Wealth Management added AGU to its portfolio by purchasing 12,014 company shares during the most recent quarter which is valued at $1,109,973. Agrium (USA) makes up approx 0.55% of Willingdon Wealth Management’s portfolio.Nikko Asset Management Americas boosted its stake in AGU in the latest quarter, The investment management firm added 38,800 additional shares and now holds a total of 179,938 shares of Agrium (USA) which is valued at $16,971,752. Agrium (USA) makes up approx 1.57% of Nikko Asset Management Americas’s portfolio.Somerset Trust Co boosted its stake in AGU in the latest quarter, The investment management firm added 33 additional shares and now holds a total of 13,309 shares of Agrium (USA) which is valued at $1,236,007. Agrium (USA) makes up approx 0.74% of Somerset Trust Co’s portfolio.Raymond James Trust N.a. boosted its stake in AGU in the latest quarter, The investment management firm added 203 additional shares and now holds a total of 14,373 shares of Agrium (USA) which is valued at $1,282,790. Agrium (USA) makes up approx 0.11% of Raymond James Trust N.a.’s portfolio.

Agrium (USA) opened for trading at $94.09 and hit $95.61 on the upside on Wednesday, eventually ending the session at $94.32, with a gain of 0.32% or 0.3 points. The heightened volatility saw the trading volume jump to 4,72,754 shares. Company has a market cap of $13,033 M.

On the company’s financial health, Agrium (USA) reported $1.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Feb 9, 2016. Analyst had a consensus of $1.38. The company had revenue of $2407.00 million for the quarter, compared to analysts expectations of $2843.27 million. The company’s revenue was down -11.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.46 EPS.

Many Wall Street Analysts have commented on Agrium (USA). Agrium (USA) was Downgraded by Credit Agricole to ” Sell” on Jun 9, 2016.

Agrium Inc. (Agrium) is a Canada-based producer and marketer of nutrients for agricultural and industrial markets. Agrium is a retailer of agricultural products and services in the United States Canada Australia Argentina Brazil Chile and Uruguay and a multi-national producer and wholesale marketer of nutrients for agricultural and industrial markets. The Company operates through its two business units: Retail and Wholesale. Agrium Wholesale owns 16 production facilities in North and South America across the nitrogen potash and phosphate spectrum; two mines; and a distribution and storage network throughout North America and internationally through Agrium Europe. Agrium Retail operates approximately 1375 retail locations 57 terminals 8 plants and 18 distribution centers in North and South America as well as Australia.

Leave a Reply

Agrium (USA) - Is it time to Sell?

Top Brokerage Firms are advising their investors on Agrium (USA). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.