BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp decreased its stake in Agrium Inc. (NYSE:AGU) (TSE:AGU) by 4.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,700 shares of the basic materials company’s stock after selling 900 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Agrium were worth $1,900,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of Nova Scotia Trust Co. lifted its stake in Agrium by 1.3% in the 3rd quarter. Bank of Nova Scotia Trust Co. now owns 109,377 shares of the basic materials company’s stock valued at $11,726,000 after purchasing an additional 1,435 shares during the last quarter. Somerset Trust Co increased its stake in Agrium by 30.9% in the fourth quarter. Somerset Trust Co now owns 14,721 shares of the basic materials company’s stock valued at $1,693,000 after acquiring an additional 3,473 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Agrium by 27.9% during the third quarter. Janney Montgomery Scott LLC now owns 28,245 shares of the basic materials company’s stock worth $3,028,000 after buying an additional 6,166 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Agrium by 7.1% during the third quarter. Wells Fargo & Company MN now owns 627,514 shares of the basic materials company’s stock worth $67,276,000 after buying an additional 41,670 shares during the last quarter. Finally, Creative Planning grew its stake in shares of Agrium by 16.4% during the fourth quarter. Creative Planning now owns 3,108 shares of the basic materials company’s stock worth $357,000 after buying an additional 437 shares during the last quarter. Institutional investors own 66.94% of the company’s stock.
Shares of NYSE:AGU opened at $115.00 on Thursday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.29 and a quick ratio of 0.78. Agrium Inc. has a 52 week low of $87.82 and a 52 week high of $117.28.
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Agrium Company Profile
Agrium Inc is a Canada-based global producer and distributor of agricultural products, services and solutions. The Company produces nitrogen, potash and phosphate fertilizers, with a combined wholesale nutrient capacity of approximately 11 million tones. Agrium Inc supplies main products and services directly to growers, including crop nutrients, crop protection, seed, as well as agronomic and application services.
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