Nutrien (TSE:NTR) Insider Purchases C$25,070.94 in Stock

Nutrien Ltd. (TSE:NTR) insider Mark Thompson bought 279 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was bought at an average price of C$89.86 per share, with a total value of C$25,070.94. Following the completion of the transaction, the insider directly owned 37,367 shares of the company’s stock, valued at C$3,357,798.62. This represents a 0.75% increase in their position.

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

• On Wednesday, May 27th, Mark Thompson bought 262 shares of Nutrien stock. The stock was purchased at an average cost of C$95.47 per share, for a total transaction of C$25,013.14.

Nutrien Price Performance

TSE NTR traded down C$0.08 during trading hours on Friday, reaching C$88.67. 1,122,017 shares of the stock traded hands, compared to its average volume of 1,697,517. The stock has a 50 day simple moving average of C$97.13 and a two-hundred day simple moving average of C$95.58. Nutrien Ltd. has a 1 year low of C$74.77 and a 1 year high of C$116.95. 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 has a market cap of C$42.56 billion, a price-to-earnings ratio of 18.06, a price-to-earnings-growth ratio of 1.15 and a beta of 0.75.

Nutrien (TSE:NTR) last announced 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 for the quarter. Nutrien had a return on equity of 9.49% and a net margin of 8.61%. On average, analysts predict that Nutrien Ltd. will post 5.3416399 EPS for the current fiscal year.

Nutrien Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Raymond James Financial upgraded shares of Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, May 5th. BNP Paribas Exane cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. UBS Group downgraded shares of Nutrien from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 26th. Wells Fargo & Company upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th. Finally, Berenberg Bank cut Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 10th. Three equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.