Nutrien Ltd. (TSE:NTR) Senior Officer Sells C$574,611.83 in Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Andrew Kelemen sold 6,638 shares of the company’s stock in a transaction on Monday, June 16th. The stock was sold at an average price of C$86.56, for a total value of C$574,611.83.

Nutrien Stock Down 0.8%

Shares of TSE NTR traded down C$0.69 during midday trading on Tuesday, reaching C$84.60. 490,445 shares of the company’s stock were exchanged, compared to its average volume of 1,749,354. The company has a debt-to-equity ratio of 59.10, a quick ratio of 0.65 and a current ratio of 1.27. Nutrien Ltd. has a 52-week low of C$60.74 and a 52-week high of C$88.03. The business’s fifty day moving average price is C$78.33 and its two-hundred day moving average price is C$73.62. The stock has a market capitalization of C$29.13 billion, a PE ratio of 39.83, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95.

Nutrien Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.545 per share. This represents a $2.18 annualized dividend and a yield of 2.58%. Nutrien’s dividend payout ratio is presently 137.48%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Scotiabank lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 14th. BNP Paribas upgraded Nutrien to a “strong-buy” rating in a report on Wednesday, April 9th. Finally, The Goldman Sachs Group raised Nutrien to a “strong sell” rating in a research report on Thursday, March 13th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Nutrien 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.