Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson Purchases 220 Shares

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson purchased 220 shares of the firm’s stock in a transaction on Friday, May 9th. The stock was bought at an average cost of C$76.61 per share, for a total transaction of C$16,854.20.

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

• On Monday, March 31st, Mark Thompson acquired 400 shares of Nutrien stock. The stock was purchased at an average price of C$71.18 per share, for a total transaction of C$28,472.00.
• 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, with a total value of C$36,305.00.
• On Monday, March 3rd, Mark Thompson purchased 1,350 shares of Nutrien stock. The stock was bought at an average cost of C$71.89 per share, with a total value of C$97,051.50.

Nutrien Stock Up 1.7 %

TSE NTR opened at C$77.48 on Friday. The stock’s 50-day moving average price is C$73.26 and its 200-day moving average price is C$70.84. The company has a market capitalization of C$26.67 billion, a P/E ratio of 36.48, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95. Nutrien Ltd. has a 52 week low of C$60.74 and a 52 week high of C$83.14. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10.

Nutrien Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Monday, June 30th will be paid a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.81%. Nutrien’s dividend payout ratio (DPR) is presently 137.48%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. The Goldman Sachs Group raised Nutrien to a “strong sell” rating in a research report on Thursday, March 13th. BNP Paribas raised Nutrien to a “strong-buy” rating in a research report on Wednesday, April 9th. Piper Sandler upgraded shares of Nutrien from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, January 13th. Finally, Barclays downgraded Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Nutrien currently has a consensus rating of “Hold”.

About Nutrien

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.