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

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson acquired 400 shares of the firm’s stock in a transaction dated Monday, March 31st. The shares were acquired 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 shares were acquired at an average price of C$72.61 per share, for a total transaction of C$36,305.00.
• On Monday, March 3rd, Mark Thompson purchased 1,350 shares of Nutrien stock. The stock was acquired at an average price of C$71.89 per share, with a total value of C$97,051.50.

Nutrien Stock Performance

Shares of TSE NTR opened at C$71.42 on Tuesday. The company has a 50 day simple moving average of C$73.93 and a two-hundred day simple moving average of C$69.01. The stock has a market cap of C$24.59 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 1.15 and a beta of 0.95. The company has a current ratio of 1.27, a quick ratio of 0.65 and a debt-to-equity ratio of 59.10. Nutrien Ltd. has a 12 month low of C$60.74 and a 12 month high of C$83.14.

Nutrien Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 31st will be given a dividend of $0.545 per share. This is an increase from Nutrien’s previous quarterly dividend of $0.54. This represents a $2.18 dividend on an annualized basis and a yield of 3.05%. Nutrien’s payout ratio is currently 137.48%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. 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 shares of 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 research report on Tuesday, December 3rd. Finally, Barclays lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. 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, the stock currently has a consensus rating of “Hold” and a consensus 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.