Nutrien (TSE:NTR) Insider Mark Thompson Buys 279 Shares

Nutrien Ltd. (TSE:NTR) insider Mark Thompson purchased 279 shares of the company’s stock in a transaction dated Thursday, June 18th. The stock was purchased at an average price of C$89.86 per share, for a total transaction of C$25,070.94. Following the completion of the purchase, the insider owned 37,367 shares in the company, valued at approximately C$3,357,798.62. The trade was a 0.75% increase in their ownership of the stock.

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

• On Wednesday, May 27th, Mark Thompson purchased 262 shares of Nutrien stock. The shares were purchased at an average price of C$95.47 per share, with a total value of C$25,013.14.

Nutrien Stock Performance

NTR opened at C$88.73 on Friday. The company has a current ratio of 1.24, a quick ratio of 0.65 and a debt-to-equity ratio of 55.44. The company has a market cap of C$42.59 billion, a price-to-earnings ratio of 18.07, a PEG ratio of 1.15 and a beta of 0.75. The company’s 50 day moving average is C$96.83 and its 200 day moving average is C$95.53. Nutrien Ltd. has a 12-month low of C$74.77 and a 12-month high of C$116.95.

Nutrien (TSE:NTR) last announced its earnings results on Wednesday, May 6th. The company reported C$0.71 EPS for the quarter. Nutrien had a net margin of 8.61% and a return on equity of 9.49%. The business had revenue of C$8.41 billion during the quarter. On average, equities research analysts predict that Nutrien Ltd. will post 5.3416399 EPS for the current year.

Nutrien Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Friday, July 17th will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Tuesday, June 30th. Nutrien’s dividend payout ratio is 44.50%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on NTR. Raymond James Financial upgraded Nutrien from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, May 5th. UBS Group cut Nutrien from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 26th. Berenberg Bank downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 10th. Barclays raised Nutrien from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Finally, BNP Paribas Exane downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Monday, February 23rd. Three analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Nutrien has an average rating of “Moderate Buy” and an average target price of C$80.00.

About Nutrien

Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.