Nutrien Ltd. (TSE:NTR) Director Acquires C$671,779.60 in Stock

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 price of C$64.04 per share, with a total value of C$671,779.60.

Nutrien Trading Down 0.0 %

TSE:NTR opened at C$63.93 on Monday. The company has a market capitalization of C$31.63 billion, a PE ratio of 28.93, a P/E/G ratio of 1.15 and a beta of 0.95. Nutrien Ltd. has a 52-week low of C$60.74 and a 52-week high of C$83.14. The stock’s 50 day moving average price is C$66.24 and its 200 day moving average price is C$67.02. The company has a quick ratio of 0.65, a current ratio of 1.26 and a debt-to-equity ratio of 53.14.

Nutrien Dividend Announcement

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

Wall Street Analyst Weigh In

NTR has been the subject of several analyst reports. UBS Group cut Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th. The Goldman Sachs Group downgraded Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 10th. Raymond James raised shares of Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 3rd. Finally, Wells Fargo & Company downgraded shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus 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.