Agrium (USA) (AGU) : Scheer Rowlett Associates Investment Management Ltd. scooped up 132,175 additional shares in Agrium (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 894,043 shares of Agrium (USA) which is valued at $77.3 Million.Agrium (USA) makes up approximately 4.29% of Scheer Rowlett Associates Investment Management Ltd.’s portfolio.
Other Hedge Funds, Including , Bb&t Securities boosted its stake in AGU in the latest quarter, The investment management firm added 3,306 additional shares and now holds a total of 6,529 shares of Agrium (USA) which is valued at $564,693. Agrium (USA) makes up approx 0.01% of Bb&t Securities’s portfolio.Mosaic Family Wealth boosted its stake in AGU in the latest quarter, The investment management firm added 30 additional shares and now holds a total of 87 shares of Agrium (USA) which is valued at $7,525.Ifrah Financial Services reduced its stake in AGU by selling 106 shares or 2.85% in the most recent quarter. The Hedge Fund company now holds 3,611 shares of AGU which is valued at $304,768. Agrium (USA) makes up approx 0.12% of Ifrah Financial Services’s portfolio.Wedbush Securities Inc boosted its stake in AGU in the latest quarter, The investment management firm added 35 additional shares and now holds a total of 2,299 shares of Agrium (USA) which is valued at $194,036. Agrium (USA) makes up approx 0.03% of Wedbush Securities Inc’s portfolio.
Agrium (USA) opened for trading at $89.19 and hit $91.01 on the upside on Wednesday, eventually ending the session at $90.63, with a gain of 2.23% or 1.98 points. The heightened volatility saw the trading volume jump to 25,56,327 shares. Company has a market cap of $12,523 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.
Investors should note that on May 3, 2016, Agrium (USA) announced a cash dividend of $0.8750. The company’s management has announced Jun 28, 2016 as the ex-dividend date and fixed the record date on Jun 30, 2016. The payable date has been fixed on Jul 21, 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.