Kenneth Alvin Seitz Purchases 10,490 Shares of Nutrien Ltd. (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR - Get Free Report) Director Kenneth Alvin Seitz acquired 10,490 shares of Nutrien stock in a transaction on Tuesday, December 24th. The shares were purchased at an average cost of C$64.04 per share, with a total value of C$671,779.60.

Nutrien Stock Down 0.0 %

NTR traded down C$0.02 during trading on Friday, reaching C$63.93. 3,107,701 shares of the stock traded hands, compared to its average volume of 1,547,802. The company has a debt-to-equity ratio of 53.14, a current ratio of 1.26 and a quick ratio of 0.65. Nutrien Ltd. has a fifty-two week low of C$60.74 and a fifty-two week high of C$83.14. The stock's 50-day simple moving average is C$66.24 and its two-hundred day simple moving average is C$67.02. The stock has a market cap of C$31.63 billion, a price-to-earnings ratio of 28.93, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95.

Nutrien Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Tuesday, December 31st will be paid a $0.54 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $2.16 annualized dividend and a dividend yield of 3.38%. Nutrien's payout ratio is 132.13%.

Analysts Set New Price Targets

Several brokerages have issued reports on NTR. UBS Group downgraded shares of Nutrien from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th. Raymond James raised Nutrien from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, December 3rd. The Goldman Sachs Group lowered Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 10th. Finally, Wells Fargo & Company lowered shares of Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 24th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, Nutrien currently has a consensus rating of "Hold" and an average target price of C$64.50.

Nutrien Company Profile

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.