Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson Acquires 500 Shares

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson acquired 500 shares of the business’s stock in a transaction that occurred on Tuesday, March 25th. The stock was purchased at an average price of C$72.61 per share, for a total transaction 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 Price Performance

Shares of NTR stock traded down C$3.01 during mid-day trading on Tuesday, hitting C$72.23. 679,667 shares of the stock traded hands, compared to its average volume of 1,766,411. 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 firm has a market cap of C$24.87 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95. The company’s 50-day simple moving average is C$74.18 and its 200-day simple moving average is C$68.77. Nutrien Ltd. has a twelve month low of C$60.74 and a twelve month high of C$83.14.

Nutrien Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 31st will be given 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 yield of 3.02%. Nutrien’s payout ratio is 137.48%.

Analyst Ratings Changes

A number of brokerages recently issued reports on NTR. 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. Piper Sandler raised shares of Nutrien from a “strong sell” rating to a “strong-buy” rating in a report on Monday, January 13th. Finally, Barclays cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Nutrien currently has an average rating of “Hold” and a consensus price target 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.