Mark Thompson Purchases 1,350 Shares of Nutrien Ltd. (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson acquired 1,350 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was acquired at an average cost of C$71.89 per share, with a total value of C$97,051.50.

Nutrien Stock Performance

Shares of NTR opened at C$70.21 on Wednesday. Nutrien Ltd. has a 1 year low of C$60.74 and a 1 year high of C$83.14. The company has a market cap of C$24.17 billion, a price-to-earnings ratio of 33.06, 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 quick ratio of 0.65 and a current ratio of 1.27. The firm has a fifty day moving average of C$72.27 and a 200-day moving average of C$67.82.

Nutrien Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 31st will be issued 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 annualized dividend and a dividend yield of 3.10%. Nutrien’s payout ratio is 137.48%.

Analyst Upgrades and Downgrades

NTR has been the subject of a number of research reports. Piper Sandler raised shares of Nutrien from a “strong sell” rating to a “strong-buy” rating in a report on Monday, January 13th. Raymond James raised shares of Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 3rd. Finally, Barclays downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock 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.