Nutrien (TSE:NTR) Insider Acquires 300 Shares

Nutrien Ltd. (TSE:NTR) insider Noralee Bradley bought 300 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were acquired at an average cost of C$86.16 per share, for a total transaction of C$25,848.00. Following the purchase, the insider directly owned 6,155 shares in the company, valued at C$530,314.80. This trade represents a 5.12% increase in their position.

Noralee Bradley also recently made the following trade(s):

• On Friday, May 8th, Noralee Bradley purchased 1,000 shares of Nutrien stock. The stock was acquired at an average price of C$93.42 per share, with a total value of C$93,420.00.

Nutrien Price Performance

NTR traded up C$0.19 during trading on Monday, reaching C$86.74. 316,479 shares of the company traded hands, compared to its average volume of 1,715,489. The company has a debt-to-equity ratio of 55.44, a quick ratio of 0.65 and a current ratio of 1.24. Nutrien Ltd. has a 12-month low of C$74.77 and a 12-month high of C$116.95. The firm has a fifty day simple moving average of C$95.37 and a 200 day simple moving average of C$95.75. The company has a market cap of C$41.64 billion, a P/E ratio of 17.67, a PEG ratio of 1.15 and a beta of 0.75.

Nutrien (TSE:NTR) last released its earnings results on Wednesday, May 6th. The company reported C$0.71 EPS for the quarter. Nutrien had a net margin of 8.61% and a return on equity of 9.49%. The firm had revenue of C$8.41 billion for the quarter. On average, equities analysts forecast that Nutrien Ltd. will post 5.3416399 EPS for the current year.

Nutrien Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Friday, July 17th will be paid a $0.55 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.20 annualized dividend and a yield of 2.5%. Nutrien’s payout ratio is presently 44.50%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Raymond James Financial raised Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, May 5th. Jefferies Financial Group raised Nutrien from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 12th. Berenberg Bank cut Nutrien from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 10th. Wells Fargo & Company raised Nutrien from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 13th. Finally, Barclays raised Nutrien from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Three research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$80.00.

Nutrien Company Profile

Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.