Mark Thompson Purchases 1,350 Shares of Nutrien Ltd. (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson bought 1,350 shares of Nutrien stock in a transaction on Monday, March 3rd. The shares were acquired at an average price of C$71.89 per share, for a total transaction of C$97,051.50.

Nutrien Stock Down 5.2 %

Shares of TSE NTR opened at C$71.90 on Tuesday. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10. Nutrien Ltd. has a 52 week low of C$60.74 and a 52 week high of C$83.14. The firm has a 50-day moving average price of C$72.14 and a 200 day moving average price of C$67.78. The stock has a market capitalization of C$24.75 billion, a price-to-earnings ratio of 33.85, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95.

Nutrien Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 31st will be paid a $0.545 dividend. This is a boost from Nutrien’s previous quarterly dividend of $0.54. This represents a $2.18 annualized dividend and a dividend yield of 3.03%. Nutrien’s dividend payout ratio (DPR) is 137.48%.

Analysts Set New Price Targets

NTR has been the topic of a number of research reports. Raymond James upgraded shares of Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 3rd. Piper Sandler upgraded shares of Nutrien from a “strong sell” rating to a “strong-buy” rating in a 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. Five analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target 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.