Nutrien Ltd. (TSE:NTR) Senior Officer Acquires C$36,305.00 in Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson bought 500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 25th. The stock was purchased at an average cost of C$72.61 per share, with a total value of C$36,305.00.

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

• On Monday, March 3rd, Mark Thompson purchased 1,350 shares of Nutrien stock. The stock was purchased at an average price of C$71.89 per share, for a total transaction of C$97,051.50.

Nutrien Trading Up 1.0 %

TSE NTR opened at C$72.81 on Friday. The company has a current ratio of 1.27, a quick ratio of 0.65 and a debt-to-equity ratio of 59.10. The business has a fifty day simple moving average of C$74.05 and a 200 day simple moving average of C$68.92. Nutrien Ltd. has a 12 month low of C$60.74 and a 12 month high of C$83.14. The firm has a market capitalization of C$25.07 billion, a P/E ratio of 34.28, a PEG ratio of 1.15 and a beta of 0.95.

Nutrien Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 31st will be given a dividend of $0.545 per share. This is a positive change from Nutrien’s previous quarterly dividend of $0.54. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.99%. Nutrien’s dividend payout ratio (DPR) is presently 137.48%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on NTR. Piper Sandler raised Nutrien from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, January 13th. The Goldman Sachs Group raised shares of Nutrien to a “strong sell” rating in a research note on Thursday, March 13th. Raymond James upgraded shares of Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 3rd. Finally, Barclays lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat, Nutrien presently has a consensus rating of “Hold” and an average target price of C$59.00.

Nutrien Company Profile

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.