Mark Thompson Buys 500 Shares of Nutrien Ltd. (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson bought 500 shares of the firm’s stock in a transaction dated Tuesday, March 25th. The stock was bought at an average cost 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 purchased 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 Trading Up 0.7 %

TSE NTR opened at C$72.12 on Thursday. The company has a market capitalization of C$24.83 billion, a price-to-earnings ratio of 33.96, a price-to-earnings-growth 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 Ltd. has a 12 month low of C$60.74 and a 12 month high of C$83.14. The company’s fifty day moving average price is C$74.08 and its two-hundred day moving average price is C$68.86.

Nutrien Increases Dividend

The company also recently declared 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 represents a $2.18 dividend on an annualized basis and a yield of 3.02%. This is an increase from Nutrien’s previous quarterly dividend of $0.54. Nutrien’s dividend payout ratio (DPR) is 137.48%.

Analyst Upgrades and Downgrades

NTR has been the topic of a number of analyst reports. Piper Sandler upgraded shares of Nutrien from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, January 13th. Barclays downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Raymond James raised shares of Nutrien from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 3rd. Finally, The Goldman Sachs Group raised Nutrien to a “strong sell” rating in a research report on Thursday, March 13th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus 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.