Mark Thompson Buys 400 Shares of Nutrien Ltd. (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson purchased 400 shares of the stock in a transaction dated Monday, March 31st. The shares were purchased at an average price of C$71.18 per share, with a total value of C$28,472.00.

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

• On Tuesday, March 25th, Mark Thompson bought 500 shares of Nutrien stock. The stock was purchased at an average cost of C$72.61 per share, with a total value of C$36,305.00.
• On Monday, March 3rd, Mark Thompson purchased 1,350 shares of Nutrien stock. The shares were acquired at an average cost of C$71.89 per share, for a total transaction of C$97,051.50.

Nutrien Stock Down 0.7 %

NTR opened at C$70.93 on Wednesday. Nutrien Ltd. has a 1 year low of C$60.74 and a 1 year high of C$83.14. The firm has a 50 day moving average price of C$73.88 and a 200 day moving average price of C$69.06. The company has a debt-to-equity ratio of 59.10, a quick ratio of 0.65 and a current ratio of 1.27. The company has a market cap of C$24.42 billion, a PE ratio of 33.40, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95.

Nutrien Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 31st will be paid a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a dividend yield of 3.07%. This is an increase from Nutrien’s previous quarterly dividend of $0.54. Nutrien’s dividend payout ratio (DPR) is currently 137.48%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NTR. The Goldman Sachs Group upgraded Nutrien to a “strong sell” rating in a research report on Thursday, March 13th. Raymond James raised shares of Nutrien from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 3rd. Piper Sandler raised shares of Nutrien from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, January 13th. 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 assigned a hold rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Nutrien presently has a consensus 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.