Nutrien Ltd. (TSE:NTR) Senior Officer Sells C$574,611.83 in Stock

Nutrien Ltd. (TSE:NTR - Get Free Report) Senior Officer Andrew Kelemen sold 6,638 shares of Nutrien stock in a transaction on Monday, June 16th. The shares were sold at an average price of C$86.56, for a total value of C$574,611.83.

Nutrien Stock Down 0.7%

Shares of NTR stock traded down C$0.58 during trading hours on Friday, reaching C$83.81. 2,928,453 shares of the company's stock were exchanged, compared to its average volume of 1,760,682. Nutrien Ltd. has a 1 year low of C$60.74 and a 1 year high of C$88.03. The company has a current ratio of 1.27, a quick ratio of 0.65 and a debt-to-equity ratio of 59.10. The stock has a market cap of C$28.85 billion, a PE ratio of 39.46, a PEG ratio of 1.15 and a beta of 0.95. The stock's fifty day moving average price is C$79.59 and its two-hundred day moving average price is C$74.04.

Nutrien Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 18th. Investors of record on Monday, June 30th will be paid a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a yield of 2.60%. Nutrien's dividend payout ratio (DPR) is presently 137.48%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. BNP Paribas raised shares of Nutrien to a "strong-buy" rating in a research report on Wednesday, April 9th. Scotiabank lowered shares of Nutrien from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 14th. Raymond James Financial downgraded shares of Nutrien from a "moderate buy" rating to a "hold" rating in a research note on Tuesday. Finally, The Goldman Sachs Group raised shares of Nutrien to a "strong sell" rating in a report on Thursday, March 13th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold".

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.