Agrium (AGU) Received Vertical Research Higher Rating, I-G Investment Management LTD Trimmed Raymond James Financial (RJF) Holding

May 19, 2017 - By wolcottdaily

I-G Investment Management Ltd decreased Raymond James Financial Inc (RJF) stake by 66.73% reported in 2016Q4 SEC filing. I-G Investment Management Ltd sold 226,067 shares as Raymond James Financial Inc (RJF)’s stock 0.00%. The I-G Investment Management Ltd holds 112,693 shares with $7.81 million value, down from 338,760 last quarter. Raymond James Financial Inc now has $10.64B valuation. The stock rose 1.73% or $1.25 reaching $73.45. About 281,022 shares traded. Raymond James Financial, Inc. (NYSE:RJF) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.

Among 21 analysts covering Agrium Inc. (NYSE:AGU), 9 have Buy rating, 2 Sell and 10 Hold. Therefore 43% are positive. Agrium Inc. has $125 highest and $81 lowest target. $105.40’s average target is 13.39% above currents $92.95 stock price. Agrium Inc. had 51 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Hold” rating by Zacks given on Tuesday, September 22. The rating was upgraded by CLSA to “Outperform” on Tuesday, September 13. CLSA upgraded the shares of AGU in report on Friday, August 5 to “Underperform” rating. The firm has “Underperform” rating given on Tuesday, September 13 by Bank of America. As per Tuesday, January 5, the company rating was upgraded by Citigroup. The stock of Agrium Inc. (USA) (NYSE:AGU) has “Outperform” rating given on Monday, February 13 by RBC Capital Markets. On Thursday, January 21 the stock rating was upgraded by Standpoint Research to “Buy”. The rating was downgraded by TD Securities to “Hold” on Wednesday, October 21. The stock of Agrium Inc. (USA) (NYSE:AGU) earned “Outperform” rating by Cowen & Co on Tuesday, January 24. The firm earned “Overweight” rating on Tuesday, January 12 by Barclays Capital.

About 454,947 shares traded or 7.09% up from the average. Agrium Inc. (USA) (NYSE:AGU) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.

Analysts await Agrium Inc. (USA) (NYSE:AGU) to report earnings on August, 9 after the close. They expect $4.47 earnings per share, up 9.29% or $0.38 from last year’s $4.09 per share. AGU’s profit will be $615.08M for 5.20 P/E if the $4.47 EPS becomes a reality. After $-0.03 actual earnings per share reported by Agrium Inc. (USA) for the previous quarter, Wall Street now forecasts -15,000.00% EPS growth.

Agrium Inc. is a retailer of agricultural services and products 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 has market cap of $12.79 billion. The Company’s divisions include Retail and Wholesale. It has a 22.15 P/E ratio. As of December 31, 2016, its Retail business unit marketed crop nutrients, crop protection products, seed, merchandise, application and other agronomic services through 1,500 retail locations in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay.

I-G Investment Management Ltd increased Smith A O (NYSE:AOS) stake by 7,923 shares to 15,846 valued at $750,000 in 2016Q4. It also upped Enbridge Inc (NYSE:ENB) stake by 5.65M shares and now owns 16.04 million shares. Dentsply Sirona Inc was raised too.

Since November 28, 2016, it had 0 buys, and 19 sales for $12.76 million activity. ZANK DENNIS W sold 12,500 shares worth $962,266. 2,115 Raymond James Financial, Inc. (NYSE:RJF) shares with value of $167,297 were sold by Raney Steven M. ACKART JENNIFER C also sold $200,000 worth of Raymond James Financial, Inc. (NYSE:RJF) on Friday, March 3. Elwyn Tashtego S had sold 791 shares worth $58,558. JULIEN JEFFREY P sold $602,700 worth of stock or 7,752 shares. On Tuesday, January 31 Catanese George sold $335,397 worth of Raymond James Financial, Inc. (NYSE:RJF) or 4,500 shares. Carson John C Jr. sold $1.48 million worth of Raymond James Financial, Inc. (NYSE:RJF) on Thursday, December 8.

Analysts await Raymond James Financial, Inc. (NYSE:RJF) to report earnings on July, 19. They expect $1.16 earnings per share, up 24.73% or $0.23 from last year’s $0.93 per share. RJF’s profit will be $168.04 million for 15.83 P/E if the $1.16 EPS becomes a reality. After $1.28 actual earnings per share reported by Raymond James Financial, Inc. for the previous quarter, Wall Street now forecasts -9.38% negative EPS growth.

Among 9 analysts covering Raymond James Financial Inc. (NYSE:RJF), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Raymond James Financial Inc. had 24 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by JMP Securities to “Mkt Perform” on Friday, October 28. On Monday, July 11 the stock rating was maintained by Nomura with “Neutral”. The firm earned “Buy” rating on Thursday, January 5 by Nomura. The stock of Raymond James Financial, Inc. (NYSE:RJF) has “Neutral” rating given on Tuesday, January 12 by Citigroup. The stock of Raymond James Financial, Inc. (NYSE:RJF) has “Hold” rating given on Friday, April 7 by Wood. The rating was downgraded by Keefe Bruyette & Woods on Monday, December 5 to “Mkt Perform”. The stock of Raymond James Financial, Inc. (NYSE:RJF) earned “Neutral” rating by Nomura on Monday, January 25. The rating was upgraded by Citigroup to “Buy” on Monday, October 26. The firm has “Outperform” rating given on Monday, February 22 by Credit Suisse.