Nutrien Ltd. (TSE:NTR) Director Michael Jeremiah Hennigan Purchases 5,000 Shares

Nutrien Ltd. (TSE:NTR) Director Michael Jeremiah Hennigan purchased 5,000 shares of the stock in a transaction dated Monday, February 24th. The shares were purchased at an average price of C$73.98 per share, with a total value of C$369,910.00.

Nutrien Price Performance

Shares of NTR opened at C$76.67 on Wednesday. The company has a market capitalization of C$26.40 billion, a price-to-earnings ratio of 36.10, a P/E/G ratio of 1.15 and a beta of 0.95. Nutrien Ltd. has a fifty-two week low of C$60.74 and a fifty-two week high of C$83.14. The company has a debt-to-equity ratio of 59.10, a current ratio of 1.27 and a quick ratio of 0.65. The business’s 50-day moving average is C$71.27 and its 200-day moving average is C$67.59.

Nutrien Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 31st will be issued a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a yield of 2.84%. This is an increase from Nutrien’s previous quarterly dividend of $0.54. Nutrien’s dividend payout ratio is currently 137.48%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on NTR shares. Raymond James upgraded shares of Nutrien from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 3rd. Barclays lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. Finally, Piper Sandler upgraded shares of Nutrien from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, January 13th. Five equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Nutrien has an average rating of “Hold” and an average price target of C$59.00.

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.