Montrusco Bolton Investments buys $136,247,071 stake in Agrium (USA) (AGU)

Agrium (USA) (AGU) : Montrusco Bolton Investments scooped up 986,834 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 1,474,695 shares of Agrium (USA) which is valued at $136,247,071.Agrium (USA) makes up approximately 8.32% of Montrusco Bolton Investments’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.Burns J W Co Incny boosted its stake in AGU in the latest quarter, The investment management firm added 4,256 additional shares and now holds a total of 32,570 shares of Agrium (USA) which is valued at $3,143,656. Agrium (USA) makes up approx 0.93% of Burns J W Co Incny’s portfolio.Capstone Asset Management Co reduced its stake in AGU by selling 12,564 shares or 43.16% in the most recent quarter. The Hedge Fund company now holds 16,546 shares of AGU which is valued at $1,536,627. Agrium (USA) makes up approx 0.05% of Capstone Asset Management Co’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.

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