Nutrien (TSE:NTR) Insider Buys C$25,848.00 in Stock

Nutrien Ltd. (TSE:NTR) insider Noralee Bradley acquired 300 shares of the company’s stock in a transaction on Friday, June 26th. The stock was acquired at an average cost of C$86.16 per share, for a total transaction of C$25,848.00. Following the completion of the purchase, the insider directly owned 6,155 shares of the company’s stock, valued at approximately C$530,314.80. This represents a 5.12% increase in their position.

Noralee Bradley also recently made the following trade(s):

• On Friday, May 8th, Noralee Bradley bought 1,000 shares of Nutrien stock. The shares were acquired at an average cost of C$93.42 per share, with a total value of C$93,420.00.

Nutrien Stock Performance

NTR opened at C$89.35 on Thursday. Nutrien Ltd. has a fifty-two week low of C$74.77 and a fifty-two week high of C$116.95. The firm has a market capitalization of C$42.89 billion, a PE ratio of 18.20, a P/E/G ratio of 1.15 and a beta of 0.75. The company has a debt-to-equity ratio of 55.44, a current ratio of 1.24 and a quick ratio of 0.65. The company’s 50-day moving average is C$94.76 and its 200 day moving average is C$95.88.

Nutrien (TSE:NTR) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$0.71 EPS for the quarter. The firm had revenue of C$8.41 billion during the quarter. Nutrien had a return on equity of 9.49% and a net margin of 8.61%. As a group, research analysts predict that Nutrien Ltd. will post 5.3416399 earnings per share for the current fiscal year.

Nutrien Dividend Announcement

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

Wall Street Analysts Forecast Growth

NTR has been the subject of several recent analyst reports. UBS Group lowered shares of Nutrien from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 26th. Jefferies Financial Group upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 12th. Scotiabank upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating and set a C$80.00 price objective for the company in a research note on Tuesday. Barclays raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Finally, Raymond James Financial raised Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, May 5th. Four equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$80.00.

Nutrien Company Profile

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.