Nutrien Ltd. (TSE:NTR) Director Kenneth Alvin Seitz Buys 10,490 Shares

Nutrien Ltd. (TSE:NTR) Director Kenneth Alvin Seitz bought 10,490 shares of the stock in a transaction that occurred on Tuesday, December 24th. The shares were purchased at an average cost of C$64.04 per share, with a total value of C$671,779.60.

Nutrien Price Performance

TSE:NTR remained flat at C$63.95 on Friday. The company’s stock had a trading volume of 490,667 shares, compared to its average volume of 1,537,233. The company has a debt-to-equity ratio of 53.14, a quick ratio of 0.65 and a current ratio of 1.26. Nutrien Ltd. has a 1-year low of C$60.74 and a 1-year high of C$83.14. The company’s 50 day moving average price is C$66.31 and its two-hundred day moving average price is C$67.13. The company has a market cap of C$31.64 billion, a P/E ratio of 28.94, a PEG ratio of 1.15 and a beta of 0.95.

Nutrien Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Tuesday, December 31st will be issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date of this dividend is Tuesday, December 31st. Nutrien’s dividend payout ratio is currently 132.13%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NTR. Raymond James raised Nutrien from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 3rd. UBS Group lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. The Goldman Sachs Group cut Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 10th. Finally, Wells Fargo & Company lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$64.50.

Nutrien Company Profile

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.