Mark Thompson Purchases 279 Shares of Nutrien (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) insider Mark Thompson bought 279 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were bought at an average price of C$89.86 per share, with a total value of C$25,070.94. Following the transaction, the insider owned 37,367 shares of the company’s stock, valued at C$3,357,798.62. The trade was a 0.75% increase in their position.

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

• On Wednesday, May 27th, Mark Thompson bought 262 shares of Nutrien stock. The shares were bought at an average cost of C$95.47 per share, with a total value of C$25,013.14.

Nutrien Stock Performance

NTR opened at C$88.73 on Friday. 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 stock has a market capitalization of C$42.59 billion, a price-to-earnings ratio of 18.07, a PEG ratio of 1.15 and a beta of 0.75. The company has a fifty day moving average of C$96.83 and a 200 day moving average of C$95.53. Nutrien Ltd. has a fifty-two week low of C$74.77 and a fifty-two week high of C$116.95.

Nutrien (TSE:NTR) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C$0.71 EPS for the quarter. The business had revenue of C$8.41 billion for the quarter. Nutrien had a net margin of 8.61% and a return on equity of 9.49%. As a group, sell-side analysts forecast that Nutrien Ltd. will post 5.3416399 earnings per share for the current fiscal year.

Nutrien Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts have issued reports on NTR shares. Raymond James Financial raised Nutrien from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, May 5th. Wells Fargo & Company raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a report on Friday, March 13th. UBS Group lowered shares of Nutrien from a “hold” rating to a “strong sell” rating in a report on Thursday, March 26th. Berenberg Bank cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 10th. Finally, Jefferies Financial Group raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 12th. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$80.00.

About Nutrien

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.