Nutrien Ltd. (TSE:NTR) Senior Officer Purchases C$68,617.48 in Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Christopher Reynolds purchased 858 shares of the company’s stock in a transaction dated Friday, May 30th. The stock was acquired at an average price of C$79.97 per share, with a total value of C$68,617.48.

Nutrien Price Performance

NTR traded down C$0.46 during trading on Tuesday, hitting C$82.02. 135,026 shares of the stock traded hands, compared to its average volume of 1,771,475. Nutrien Ltd. has a twelve month low of C$60.74 and a twelve month high of C$83.28. The company has a market cap of C$28.24 billion, a price-to-earnings ratio of 38.62, a PEG ratio of 1.15 and a beta of 0.95. The company has a debt-to-equity ratio of 59.10, a current ratio of 1.27 and a quick ratio of 0.65. The business has a 50 day moving average price of C$75.73 and a 200 day moving average price of C$72.38.

Nutrien Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Shareholders of record on Monday, June 30th will be given a dividend of $0.545 per share. This represents a $2.18 annualized dividend and a yield of 2.66%. Nutrien’s dividend payout ratio is currently 137.48%.

Analyst Ratings Changes

A number of research firms have recently weighed in on NTR. BNP Paribas upgraded shares of Nutrien to a “strong-buy” rating in a research report on Wednesday, April 9th. Scotiabank downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 14th. Finally, The Goldman Sachs Group upgraded shares of Nutrien to a “strong sell” rating in a research report on Thursday, March 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Nutrien Company Profile

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.