Insider Buying: Nutrien Ltd. (TSE:NTR) Senior Officer Acquires C$201,257.45 in Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Mark Thompson bought 3,155 shares of the company’s stock in a transaction that occurred on Wednesday, September 25th. The shares were bought at an average price of C$63.79 per share, for a total transaction of C$201,257.45.

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

• On Wednesday, August 28th, Mark Thompson purchased 3,350 shares of Nutrien stock. The stock was bought at an average cost of C$64.49 per share, with a total value of C$216,041.50.
• On Tuesday, August 20th, Mark Thompson acquired 3,500 shares of Nutrien stock. The shares were bought at an average cost of C$64.00 per share, for a total transaction of C$224,000.00.
• On Friday, August 9th, Mark Thompson bought 630 shares of Nutrien stock. The stock was purchased at an average cost of C$62.61 per share, with a total value of C$39,444.30.

Nutrien Trading Up 0.3 %

TSE NTR opened at C$65.22 on Friday. The company has a current ratio of 1.26, a quick ratio of 0.65 and a debt-to-equity ratio of 53.14. The firm has a market capitalization of C$32.27 billion, a P/E ratio of 29.92, a PEG ratio of 0.36 and a beta of 0.96. The business has a fifty day simple moving average of C$65.16 and a 200 day simple moving average of C$70.62. Nutrien Ltd. has a 12 month low of C$60.74 and a 12 month high of C$85.66.

Nutrien (TSE:NTR) last released its quarterly earnings results on Wednesday, August 7th. The company reported C$3.18 earnings per share for the quarter, beating analysts’ consensus estimates of C$2.87 by C$0.31. Nutrien had a net margin of 3.06% and a return on equity of 3.22%. The company had revenue of C$13.90 billion for the quarter, compared to analyst estimates of C$14.92 billion. On average, analysts predict that Nutrien Ltd. will post 5.4173028 EPS for the current fiscal year.

Nutrien Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Friday, September 27th will be paid a $0.54 dividend. The ex-dividend date is Friday, September 27th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.31%. Nutrien’s payout ratio is presently 136.70%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. The Goldman Sachs Group lowered Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 10th. Mizuho raised shares of Nutrien from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 16th. Wells Fargo & Company downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Finally, Hsbc Global Res upgraded shares of Nutrien to a “moderate sell” rating in a report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of C$64.33.

About Nutrien

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.