Nutrien Ltd. (TSE:NTR) Senior Officer Purchases C$10,024.00 in Stock

Nutrien Ltd. (TSE:NTR) Senior Officer Noralee Bradley acquired 160 shares of Nutrien stock in a transaction dated Tuesday, September 3rd. The shares were bought at an average price of C$62.65 per share, for a total transaction of C$10,024.00.

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

• On Friday, August 16th, Noralee Bradley purchased 215 shares of Nutrien stock. The stock was bought at an average price of C$63.83 per share, for a total transaction of C$13,723.45.
• On Monday, August 12th, Noralee Bradley purchased 150 shares of Nutrien stock. The stock was bought at an average price of C$64.01 per share, for a total transaction of C$9,601.50.

Nutrien Price Performance

Shares of TSE:NTR traded down C$0.19 on Friday, reaching C$62.64. The company’s stock had a trading volume of 220,355 shares, compared to its average volume of 1,327,368. The company has a 50-day simple moving average of C$66.71 and a 200 day simple moving average of C$71.38. Nutrien Ltd. has a 52-week low of C$61.75 and a 52-week high of C$87.94. The company has a debt-to-equity ratio of 53.14, a quick ratio of 0.65 and a current ratio of 1.26. The company has a market cap of C$30.99 billion, a P/E ratio of 29.09, a PEG ratio of 0.36 and a beta of 0.96.

Nutrien (TSE:NTR) last released its quarterly earnings results on Wednesday, August 7th. The company reported C$3.18 EPS for the quarter, topping the consensus estimate of C$2.87 by C$0.31. Nutrien had a return on equity of 3.22% and a net margin of 3.06%. The company had revenue of C$13.90 billion during the quarter, compared to analyst estimates of C$14.92 billion. As a group, equities research analysts anticipate that Nutrien Ltd. will post 5.3336093 EPS for the current fiscal year.

Nutrien Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Friday, September 27th will be given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 3.45%. The ex-dividend date of this dividend is Friday, September 27th. Nutrien’s dividend payout ratio is currently 137.96%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Hsbc Global Res raised Nutrien to a “moderate sell” rating in a report on Friday, August 2nd. Mizuho raised Nutrien from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 16th.

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.