Nutrien (TSE:NTR) Insider Noralee Bradley Acquires 300 Shares

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

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

• On Friday, May 8th, Noralee Bradley acquired 1,000 shares of Nutrien stock. The shares were purchased at an average cost of C$93.42 per share, for a total transaction of C$93,420.00.

Nutrien Stock Up 0.5%

TSE:NTR opened at C$86.99 on Tuesday. The company has a debt-to-equity ratio of 55.44, a quick ratio of 0.65 and a current ratio of 1.24. The firm has a market cap of C$41.76 billion, a P/E ratio of 17.72, a P/E/G ratio of 1.15 and a beta of 0.75. Nutrien Ltd. has a fifty-two week low of C$74.77 and a fifty-two week high of C$116.95. The firm has a 50-day simple moving average of C$95.06 and a two-hundred day simple moving average of C$95.79.

Nutrien (TSE:NTR) last issued its earnings results on Wednesday, May 6th. The company reported C$0.71 earnings per share (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. Analysts predict that Nutrien Ltd. will post 5.3416399 earnings per share for the current fiscal year.

Nutrien Dividend Announcement

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

Wall Street Analyst Weigh In

NTR has been the subject of a number of research analyst reports. Jefferies Financial Group raised Nutrien from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 12th. Raymond James Financial raised Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, May 5th. Berenberg Bank cut Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 10th. Wells Fargo & Company upgraded Nutrien from a “hold” rating to a “strong-buy” rating in a report on Friday, March 13th. Finally, UBS Group lowered Nutrien from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 26th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Nutrien presently has an average rating of “Moderate Buy” and an average 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.