Insider Buying: Nutrien Ltd. (TSE:NTR) Senior Officer Buys 245 Shares of Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson bought 245 shares of Nutrien stock in a transaction on Wednesday, June 25th. The shares were bought at an average cost of C$81.30 per share, with a total value of C$19,918.50.

Mark Thompson also recently made the following trade(s):

• On Friday, May 9th, Mark Thompson purchased 220 shares of Nutrien stock. The stock was purchased at an average cost of C$76.61 per share, for a total transaction of C$16,854.20.
• On Monday, March 31st, Mark Thompson acquired 400 shares of Nutrien stock. The shares were purchased at an average cost of C$71.18 per share, with a total value of C$28,472.00.

Nutrien Stock Performance

TSE NTR opened at C$80.50 on Thursday. Nutrien Ltd. has a 52-week low of C$60.74 and a 52-week high of C$88.03. The company has a fifty day moving average of C$80.11 and a 200-day moving average of C$74.42. The company has a market capitalization of C$27.71 billion, a P/E ratio of 37.90, a P/E/G ratio of 1.15 and a beta of 0.95. The company has a debt-to-equity ratio of 59.10, a quick ratio of 0.65 and a current ratio of 1.27.

Nutrien Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Monday, June 30th will be issued a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.71%. Nutrien’s payout ratio is currently 137.48%.

Analyst Ratings Changes

Several research analysts have commented on the stock. Raymond James Financial downgraded shares of Nutrien from a “moderate buy” rating to a “hold” rating in a report on Tuesday, June 17th. BNP Paribas upgraded Nutrien to a “strong-buy” rating in a research report on Wednesday, April 9th. Scotiabank lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 14th. Finally, The Goldman Sachs Group upgraded Nutrien to a “strong sell” rating in a research report on Thursday, March 13th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Nutrien has an average rating of “Hold”.

Nutrien Company Profile

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.