Julie Lagacy Buys 2,000 Shares of Nutrien Ltd. (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) Director Julie Lagacy bought 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average cost of C$73.28 per share, for a total transaction of C$146,563.20.

Nutrien Price Performance

NTR stock opened at C$72.96 on Friday. Nutrien Ltd. has a 1 year low of C$60.74 and a 1 year high of C$83.14. 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 stock’s 50 day moving average price is C$73.59 and its 200 day moving average price is C$68.34. The firm has a market cap of C$25.12 billion, a P/E ratio of 34.35, a PEG ratio of 1.15 and a beta of 0.95.

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 $0.545 dividend. This is an increase from Nutrien’s previous quarterly dividend of $0.54. This represents a $2.18 annualized dividend and a yield of 2.99%. Nutrien’s payout ratio is 137.48%.

Analyst Ratings Changes

Several equities analysts have issued reports on NTR shares. Raymond James raised Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 3rd. Barclays lowered Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. The Goldman Sachs Group raised Nutrien to a “strong sell” rating in a report on Thursday. Finally, Piper Sandler raised Nutrien from a “strong sell” rating to a “strong-buy” rating in a report on Monday, January 13th. One research 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. Based on data from MarketBeat, the stock has a consensus 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.