Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson Buys 3,155 Shares

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson bought 3,155 shares of the business’s stock in a transaction dated Wednesday, September 25th. The stock was acquired at an average price 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 acquired at an average cost 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 acquired at an average cost 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 shares were acquired at an average cost of C$62.61 per share, with a total value of C$39,444.30.

Nutrien Trading Up 3.0 %

Shares of Nutrien stock opened at C$65.57 on Friday. The company has a debt-to-equity ratio of 53.14, a quick ratio of 0.65 and a current ratio of 1.26. The stock has a market capitalization of C$32.44 billion, a P/E ratio of 30.08, a P/E/G ratio of 0.36 and a beta of 0.96. Nutrien Ltd. has a 52-week low of C$60.74 and a 52-week high of C$85.66. The stock’s 50-day simple moving average is C$65.25 and its 200 day simple moving average is C$70.66.

Nutrien (TSE:NTR) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C$3.18 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of C$14.92 billion. As a group, research analysts anticipate that Nutrien Ltd. will post 5.4173028 EPS for the current year.

Nutrien Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Friday, September 27th will be paid a dividend of $0.54 per share. The ex-dividend date is Friday, September 27th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.29%. Nutrien’s payout ratio is 136.70%.

Wall Street Analysts Forecast Growth

NTR has been the topic of a number of research analyst reports. The Goldman Sachs Group downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 10th. Hsbc Global Res upgraded shares of Nutrien to a “moderate sell” rating in a research note on Friday, August 2nd. Wells Fargo & Company lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Mizuho raised shares of Nutrien from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 16th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price 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.