Agrium Inc. (NYSE:AGU) gapped up before the market opened on Tuesday . The stock had previously closed at $89.77, but opened at $90.04. Agrium shares last traded at $91.53, with a volume of 220,408 shares trading hands.

AGU has been the topic of several research analyst reports. Credit Suisse Group AG upped their target price on Agrium from $90.00 to $93.00 in a research report on Wednesday, March 30th. HSBC cut their target price on Agrium from $97.00 to $87.00 in a research report on Tuesday, April 12th. Scotiabank lowered Agrium from a “focus list” rating to a “buy” rating in a research report on Thursday, April 14th. TheStreet upgraded Agrium from a “hold” rating to a “buy” rating in a research report on Wednesday, March 30th. Finally, Vertical Group lowered Agrium from a “hold” rating to a “sell” rating in a research report on Thursday, April 21st. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $99.56.

The company has a market capitalization of $12.61 billion and a P/E ratio of 13.11. The firm’s 50-day moving average is $91.83 and its 200 day moving average is $87.95.

Agrium (NYSE:AGU) last issued its quarterly earnings results on Tuesday, May 3rd. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.11. The company earned $2.73 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the prior year, the firm earned $0.12 earnings per share. The business’s revenue for the quarter was down 5.1% compared to the same quarter last year. On average, equities analysts anticipate that Agrium Inc. will post $5.61 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 21st. Investors of record on Thursday, June 30th will be given a $0.875 dividend. The ex-dividend date of this dividend is Tuesday, June 28th. This represents a $3.50 annualized dividend and a yield of 3.84%.

Other institutional investors have added to or reduced their stakes in the company. GSA Capital Partners LLP boosted its position in Agrium by 36.2% in the fourth quarter. GSA Capital Partners LLP now owns 12,851 shares of the company’s stock valued at $1,148,000 after buying an additional 3,418 shares during the period. Aviance Capital Partners LLC boosted its position in Agrium by 26.5% in the fourth quarter. Aviance Capital Partners LLC now owns 13,262 shares of the company’s stock valued at $1,185,000 after buying an additional 2,776 shares during the period. Commerzbank Aktiengesellschaft FI boosted its position in Agrium by 1.2% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 13,861 shares of the company’s stock valued at $1,238,000 after buying an additional 167 shares during the period. Afam Capital Inc. boosted its position in Agrium by 16.7% in the fourth quarter. Afam Capital Inc. now owns 14,875 shares of the company’s stock valued at $1,329,000 after buying an additional 2,127 shares during the period. Finally, Weatherly Asset Management L. P. boosted its position in Agrium by 4.5% in the fourth quarter. Weatherly Asset Management L. P. now owns 17,022 shares of the company’s stock valued at $1,520,000 after buying an additional 727 shares during the period.

Agrium Inc is a producer and distributor of agricultural products and services. The Company categorizes its segments within the Retail and Wholesale business units. The Retail business unit distributes crop nutrients, crop protection products, seed, merchandise and services directly to growers through a network of farm centers in two geographical segments: North America, which includes the United States and Canada, and International, which includes Australia and South America.

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