Nutrien Ltd. (TSE:NTR) Given Consensus Rating of "Hold" by Analysts

Nutrien Ltd. (TSE:NTR - Get Free Report) has earned a consensus recommendation of "Hold" from the nine brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a strong buy rating on the company.

A number of equities analysts recently commented on NTR shares. Scotiabank lowered shares of Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Raymond James Financial lowered shares of Nutrien from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, June 17th. The Goldman Sachs Group upgraded shares of Nutrien to a "strong sell" rating in a research report on Thursday, March 13th. Finally, BNP Paribas raised Nutrien to a "strong-buy" rating in a research report on Wednesday, April 9th.

Insider Transactions at Nutrien

In other news, Senior Officer Andrew Kelemen sold 6,638 shares of the business's stock in a transaction on Monday, June 16th. The stock was sold at an average price of C$86.56, for a total transaction of C$574,611.83. Also, Director Kenneth Alvin Seitz sold 29,326 shares of the company's stock in a transaction on Friday, June 13th. The stock was sold at an average price of C$84.32, for a total value of C$2,472,768.32. In the last 90 days, insiders bought 1,723 shares of company stock valued at $133,862 and sold 42,822 shares valued at $3,632,828. 0.03% of the stock is currently owned by insiders.

Nutrien Stock Performance

Shares of Nutrien stock traded up C$0.46 on Friday, hitting C$79.66. The stock had a trading volume of 1,276,826 shares, compared to its average volume of 1,757,231. The stock has a market cap of C$27.42 billion, a price-to-earnings ratio of 37.51, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10. Nutrien has a twelve month low of C$60.74 and a twelve month high of C$88.03. The business's 50 day moving average is C$80.24 and its two-hundred day moving average is C$74.45.

Nutrien Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Monday, June 30th will be given a $0.545 dividend. This represents a $2.18 annualized dividend and a dividend yield of 2.74%. Nutrien's payout ratio is presently 137.48%.

Nutrien Company Profile

Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.