Insider Buying: Nutrien Ltd. (TSE:NTR) Senior Officer Purchases C$16,854.20 in Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson acquired 220 shares of the stock in a transaction dated Friday, May 9th. The shares were bought at an average cost of C$76.61 per share, for a total transaction of C$16,854.20.

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

• On Monday, March 31st, Mark Thompson acquired 400 shares of Nutrien stock. The shares were bought at an average cost of C$71.18 per share, for a total transaction of C$28,472.00.
• On Tuesday, March 25th, Mark Thompson bought 500 shares of Nutrien stock. The shares were acquired at an average price of C$72.61 per share, with a total value of C$36,305.00.
• On Monday, March 3rd, Mark Thompson bought 1,350 shares of Nutrien stock. The shares were acquired at an average price of C$71.89 per share, with a total value of C$97,051.50.

Nutrien Stock Performance

The stock has a 50 day moving average price of C$73.26 and a 200 day moving average price of C$70.88. The company has a debt-to-equity ratio of 59.10, a current ratio of 1.27 and a quick ratio of 0.65. Nutrien Ltd. has a 52-week low of C$60.74 and a 52-week high of C$83.14. The company has a market cap of C$26.67 billion, a P/E ratio of 36.48, a P/E/G ratio of 1.15 and a beta of 0.95.

Nutrien Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Shareholders of record on Monday, June 30th will be given a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a dividend yield of ∞. Nutrien’s dividend payout ratio is currently 137.48%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on NTR. BNP Paribas upgraded Nutrien to a “strong-buy” rating in a research note on Wednesday, April 9th. The Goldman Sachs Group upgraded Nutrien to a “strong sell” rating in a research note on Thursday, March 13th. Barclays downgraded Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Finally, Piper Sandler upgraded Nutrien from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, January 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

Nutrien Company Profile

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.