Mark Thompson Buys 220 Shares of Nutrien Ltd. (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson bought 220 shares of the company’s stock in a transaction that occurred on Friday, May 9th. The stock was purchased at an average price 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 purchased 400 shares of Nutrien stock. The shares were acquired 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 stock was purchased 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 shares were acquired at an average price of C$71.89 per share, with a total value of C$97,051.50.

Nutrien Price Performance

TSE:NTR opened at C$77.48 on Friday. The firm has a market capitalization of C$26.67 billion, a price-to-earnings ratio of 36.48, a P/E/G 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 stock has a fifty day moving average of C$73.26 and a 200 day moving average of C$70.84. Nutrien Ltd. has a 52-week low of C$60.74 and a 52-week high of C$83.14.

Nutrien Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 18th. Investors 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 yield of 2.81%. Nutrien’s dividend payout ratio is currently 137.48%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on NTR. The Goldman Sachs Group raised Nutrien to a “strong sell” rating in a research note on Thursday, March 13th. BNP Paribas upgraded shares of Nutrien to a “strong-buy” rating in a research note on Wednesday, April 9th. Barclays downgraded Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Finally, Piper Sandler upgraded shares of Nutrien from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, January 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company presently 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.