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

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson acquired 500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 25th. The stock was bought 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 bought 1,350 shares of Nutrien stock. The shares were bought at an average cost of C$71.89 per share, for a total transaction of C$97,051.50.

Nutrien Stock Up 1.0 %

Shares of Nutrien stock opened at C$72.81 on Friday. The stock’s 50-day moving average is C$74.05 and its 200 day moving average is C$68.92. Nutrien Ltd. has a one year low of C$60.74 and a one year high of C$83.14. The firm has a market cap of C$25.07 billion, a price-to-earnings ratio of 34.28, a PEG ratio of 1.15 and a beta of 0.95. The company has a debt-to-equity ratio of 59.10, a current ratio of 1.27 and a quick ratio of 0.65.

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 issued a dividend of $0.545 per share. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.99%. 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

Several equities research analysts have recently weighed in on the company. Piper Sandler raised Nutrien from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, January 13th. The Goldman Sachs Group raised shares of Nutrien to a “strong sell” rating in a research report on Thursday, March 13th. Barclays downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. Finally, Raymond James raised shares of Nutrien from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 3rd. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Nutrien presently has a consensus rating of “Hold” and an average 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.