Nutrien Ltd. (TSE:NTR) Senior Officer Buys C$201,257.45 in Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson acquired 3,155 shares of the stock in a transaction on Wednesday, September 25th. The stock was bought at an average cost of C$63.79 per share, for a total transaction of C$201,257.45.

Mark Thompson also recently made the following trade(s):

• On Wednesday, August 28th, Mark Thompson purchased 3,350 shares of Nutrien stock. The shares were bought at an average price of C$64.49 per share, with a total value of C$216,041.50.
• On Tuesday, August 20th, Mark Thompson acquired 3,500 shares of Nutrien stock. The stock was purchased at an average price of C$64.00 per share, for a total transaction of C$224,000.00.
• On Friday, August 9th, Mark Thompson bought 630 shares of Nutrien stock. The stock was purchased at an average cost of C$62.61 per share, with a total value of C$39,444.30.

Nutrien Stock Up 0.3 %

Shares of TSE NTR opened at C$65.22 on Friday. The business has a 50-day simple moving average of C$65.16 and a two-hundred day simple moving average of C$70.62. Nutrien Ltd. has a 52 week low of C$60.74 and a 52 week high of C$85.66. The company has a market cap of C$32.27 billion, a P/E ratio of 29.92, a P/E/G ratio of 0.36 and a beta of 0.96. The company has a quick ratio of 0.65, a current ratio of 1.26 and a debt-to-equity ratio of 53.14.

Nutrien (TSE:NTR) last issued its quarterly earnings data on Wednesday, August 7th. The company reported C$3.18 EPS for the quarter, beating the consensus estimate of C$2.87 by C$0.31. Nutrien had a net margin of 3.06% and a return on equity of 3.22%. The company had revenue of C$13.90 billion during the quarter, compared to analysts’ expectations of C$14.92 billion. Research analysts anticipate that Nutrien Ltd. will post 5.4173028 earnings per share for the current fiscal year.

Nutrien Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Friday, September 27th will be given a $0.54 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.31%. Nutrien’s dividend payout ratio (DPR) is presently 136.70%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NTR shares. Wells Fargo & Company downgraded Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Mizuho upgraded shares of Nutrien from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 16th. The Goldman Sachs Group lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 10th. Finally, Hsbc Global Res raised shares of Nutrien to a “moderate sell” rating in a report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, Nutrien has an average rating of “Hold” and an average price target of C$64.33.

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.