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

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson bought 500 shares of Nutrien stock in a transaction dated Tuesday, March 25th. The shares were acquired at an average price 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 bought at an average cost of C$71.89 per share, for a total transaction of C$97,051.50.

Nutrien Stock Performance

Shares of TSE NTR traded down C$3.01 during midday trading on Tuesday, hitting C$72.23. The company’s stock had a trading volume of 679,667 shares, compared to its average volume of 1,766,411. The firm has a market cap of C$24.87 billion, a P/E ratio of 34.01, a P/E/G ratio of 1.15 and a beta of 0.95. Nutrien Ltd. has a 1-year low of C$60.74 and a 1-year high of C$83.14. The firm’s fifty day moving average price is C$74.18 and its 200-day moving average price is C$68.77. 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 Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 31st will be given a dividend of $0.545 per share. This represents a $2.18 dividend on an annualized basis and a dividend yield of 3.02%. This is a boost from Nutrien’s previous quarterly dividend of $0.54. Nutrien’s dividend payout ratio is presently 137.48%.

Wall Street Analyst Weigh In

NTR has been the subject of several research analyst reports. Piper Sandler raised shares of Nutrien from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, January 13th. The Goldman Sachs Group raised Nutrien to a “strong sell” rating in a report on Thursday, March 13th. Raymond James raised Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 3rd. Finally, Barclays lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Nutrien currently has an average rating of “Hold” and a consensus target price of C$59.00.

About Nutrien

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.