Nutrien Ltd. (TSE:NTR - Get Free Report) Senior Officer Mark Thompson purchased 1,350 shares of the business's stock in a transaction on Monday, March 3rd. The shares were purchased at an average price of C$71.89 per share, with a total value of C$97,051.50.
Nutrien Trading Up 2.2 %
Shares of Nutrien stock traded up C$1.54 on Thursday, reaching C$73.14. The company had a trading volume of 3,215,481 shares, compared to its average volume of 1,571,266. The firm has a market cap of C$25.18 billion, a price-to-earnings ratio of 34.44, a P/E/G 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 firm's 50-day moving average price is C$72.60 and its two-hundred day moving average price is C$67.94. Nutrien Ltd. has a 1 year low of C$60.74 and a 1 year high of C$83.14.
Nutrien Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 31st will be issued a dividend of $0.545 per share. This represents a $2.18 dividend on an annualized basis and a yield of 2.98%. This is a boost from Nutrien's previous quarterly dividend of $0.54. Nutrien's payout ratio is presently 137.48%.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on NTR shares. Piper Sandler upgraded Nutrien from a "strong sell" rating to a "strong-buy" rating in a report on Monday, January 13th. Raymond James upgraded Nutrien from a "hold" rating to a "moderate buy" rating in a report on Tuesday, December 3rd. Finally, Barclays cut Nutrien from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of C$59.00.
Check Out Our Latest Report on NTR
About Nutrien
(
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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.
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