Agrium (USA) (AGU) : Cumberland Partners Ltd scooped up 84,337 additional shares in Agrium (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 288,582 shares of Agrium (USA) which is valued at $26,639,004.Agrium (USA) makes up approximately 3.65% of Cumberland Partners Ltd’s portfolio.
Other Hedge Funds, Including , British Airways Pensions Investment Management Ltd sold out all of its stake in AGU during the most recent quarter. The investment firm sold 26,520 shares of AGU which is valued $2,448,061.Chesley Taft Associates reduced its stake in AGU by selling 75 shares or 1.68% in the most recent quarter. The Hedge Fund company now holds 4,380 shares of AGU which is valued at $404,668. Agrium (USA) makes up approx 0.04% of Chesley Taft Associates’s portfolio.Jones Collombin Investment Counsel Inc boosted its stake in AGU in the latest quarter, The investment management firm added 24,962 additional shares and now holds a total of 169,000 shares of Agrium (USA) which is valued at $15,613,910. Agrium (USA) makes up approx 4.50% of Jones Collombin Investment Counsel Inc’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.Gradient Investments boosted its stake in AGU in the latest quarter, The investment management firm added 7,038 additional shares and now holds a total of 46,496 shares of Agrium (USA) which is valued at $4,487,794. Agrium (USA) makes up approx 0.48% of Gradient Investments’s portfolio.
Agrium (USA) closed down -0.64 points or -0.70% at $90.76 with 4,85,020 shares getting traded on Friday. Post opening the session at $90.89, the shares hit an intraday low of $90.12 and an intraday high of $91.76 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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.