Agrium (USA) (AGU) : Baring Asset Management Ltd reduced its stake in Agrium (USA) by 5.93% during the most recent quarter end. The investment management company now holds a total of 304,131 shares of Agrium (USA) which is valued at $26,191,762 after selling 19,182 shares in Agrium (USA) , the firm said in a disclosure report filed with the SEC on Apr 25, 2016.Agrium (USA) makes up approximately 2.16% of Baring Asset Management Ltd’s portfolio.
Agrium (USA) closed down -0.12 points or -0.14% at $86 with 10,10,384 shares getting traded on Monday. Post opening the session at $86.36, the shares hit an intraday low of $85.45 and an intraday high of $86.49 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Other Hedge Funds, Including , Global Thematic Partners reduced its stake in AGU by selling 91,731 shares or 7.89% in the most recent quarter. The Hedge Fund company now holds 1,070,413 shares of AGU which is valued at $92,183,968. Agrium (USA) makes up approx 1.92% of Global Thematic Partners’s portfolio.First Manhattan Co reduced its stake in AGU by selling 2,167 shares or 0.75% in the most recent quarter. The Hedge Fund company now holds 287,215 shares of AGU which is valued at $24,723,467. Agrium (USA) makes up approx 0.15% of First Manhattan Co’s portfolio.W.g. Shaheen Associates Dba Whitney Co boosted its stake in AGU in the latest quarter, The investment management firm added 2,510 additional shares and now holds a total of 38,755 shares of Agrium (USA) which is valued at $3,242,631. Agrium (USA) makes up approx 1.38% of W.g. Shaheen Associates Dba Whitney Co’s portfolio.Capstone Asset Management Co boosted its stake in AGU in the latest quarter, The investment management firm added 620 additional shares and now holds a total of 29,110 shares of Agrium (USA) which is valued at $2,435,634. Agrium (USA) makes up approx 0.07% of Capstone Asset Management Co’s portfolio.
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). Shares were Reiterated by RBC Capital Mkts on Feb 5, 2016 to “Outperform” and Lowered the Price Target to $ 100 from a previous price target of $105 .
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.