Nutrien Ltd. (TSE:NTR) Director Buys C$146,563.20 in Stock

Nutrien Ltd. (TSE:NTR - Get Free Report) Director Julie Lagacy purchased 2,000 shares of the business's stock in a transaction dated Tuesday, March 11th. The shares were purchased at an average price of C$73.28 per share, for a total transaction of C$146,563.20.

Nutrien Stock Performance

TSE:NTR traded up C$1.57 during mid-day trading on Monday, hitting C$74.53. 744,198 shares of the company traded hands, compared to its average volume of 1,669,321. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10. The stock's fifty day moving average price is C$73.59 and its 200-day moving average price is C$68.34. The firm has a market cap of C$25.66 billion, a price-to-earnings ratio of 35.09, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95. Nutrien Ltd. has a one year low of C$60.74 and a one year high of C$83.14.

Nutrien Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 31st will be paid a dividend of $0.545 per share. This is an increase from Nutrien's previous quarterly dividend of $0.54. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.92%. Nutrien's payout ratio is 137.48%.

Analyst Ratings Changes

Several equities research analysts recently commented on NTR shares. Barclays cut Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 21st. Piper Sandler upgraded shares of Nutrien from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, January 13th. Raymond James raised Nutrien from a "hold" rating to a "moderate buy" rating in a report on Tuesday, December 3rd. Finally, The Goldman Sachs Group upgraded Nutrien to a "strong sell" rating in a research report on Thursday. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of C$59.00.

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About Nutrien

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.