Nutrien Ltd. (TSE:NTR) Senior Officer Christopher Reynolds Acquires 858 Shares

Nutrien Ltd. (TSE:NTR) Senior Officer Christopher Reynolds bought 858 shares of the stock in a transaction on Friday, May 30th. The shares were bought at an average price of C$79.97 per share, for a total transaction of C$68,617.48.

Nutrien Stock Down 0.6%

NTR stock opened at C$82.01 on Wednesday. The company’s 50 day simple moving average is C$75.92 and its 200-day simple moving average is C$72.50. The firm has a market capitalization of C$28.23 billion, a PE ratio of 38.61, a P/E/G ratio of 1.15 and a beta of 0.95. Nutrien Ltd. has a 12 month low of C$60.74 and a 12 month high of C$83.28. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Monday, June 30th will be given a $0.545 dividend. This represents a $2.18 annualized dividend and a dividend yield of 2.66%. Nutrien’s dividend payout ratio is presently 137.48%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on NTR. Scotiabank lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 14th. BNP Paribas upgraded shares of Nutrien to a “strong-buy” rating in a research report on Wednesday, April 9th. Finally, The Goldman Sachs Group upgraded shares of Nutrien to a “strong sell” rating in a research report on Thursday, March 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a strong buy rating to the company. According to MarketBeat, Nutrien presently 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.