May 31, 2016

Stifel Nicolaus Upgraded Agrium Inc. (AGU)


Agrium Inc. (NYSE:AGU) was upgraded by equities researchers at Stifel Nicolaus from a “sell” rating to a “buy” rating in a report released on Tuesday.

A number of large investors recently added to or reduced their stakes in AGU. ICON Advisers bought a new stake in Agrium during the third quarter worth approximately $1,235,000. Somerset Trust Co increased its stake in Agrium by 0.4% in the fourth quarter. Somerset Trust Co now owns 13,182 shares of the company’s stock worth $1,177,000 after buying an additional 58 shares in the last quarter. Raymond James Trust increased its stake in Agrium by 11.2% in the fourth quarter. Raymond James Trust now owns 14,125 shares of the company’s stock worth $1,262,000 after buying an additional 1,425 shares in the last quarter. Parsec Financial Management Inc. increased its stake in Agrium by 10.0% in the fourth quarter. Parsec Financial Management Inc. now owns 96,051 shares of the company’s stock worth $8,581,000 after buying an additional 8,750 shares in the last quarter. Finally, Great West Life Assurance Co. Can increased its stake in Agrium by 20.1% in the fourth quarter. Great West Life Assurance Co. Can now owns 1,238,462 shares of the company’s stock worth $110,935,000 after buying an additional 207,145 shares in the last quarter.