Nutrien (TSE:NTR) Insider Acquires 163 Shares of Stock

Key Points

• Mark Thompson, an insider at Nutrien Ltd., acquired 163 shares at a cost of C$80.68 each, increasing his total ownership in the company to approximately C$2.38 million.
• Nutrien recently declared a quarterly dividend of $0.545, set for payment on October 17th, representing an annual yield of 2.7%.
• Analysts have mixed ratings for Nutrien, with the consensus being a "Hold" from various financial institutions, reflecting a mix of upgrades and downgrades over recent weeks.

Nutrien Ltd. (TSE:NTR - Get Free Report) insider Mark Thompson acquired 163 shares of Nutrien stock in a transaction dated Wednesday, August 27th. The stock was purchased at an average cost of C$80.68 per share, with a total value of C$13,150.84. Following the completion of the purchase, the insider owned 29,500 shares of the company's stock, valued at approximately C$2,380,060. This represents a 0.56% increase in their ownership of the stock.

Nutrien Price Performance

Shares of NTR stock traded up C$0.87 on Friday, hitting C$81.97. 2,313,029 shares of the stock traded hands, compared to its average volume of 1,643,735. The company has a debt-to-equity ratio of 59.10, a current ratio of 1.27 and a quick ratio of 0.65. Nutrien Ltd. has a 52 week low of C$62.89 and a 52 week high of C$88.03. The firm has a 50 day simple moving average of C$79.71 and a two-hundred day simple moving average of C$78.52. The firm has a market cap of C$39.83 billion, a price-to-earnings ratio of 29.49, a PEG ratio of 1.15 and a beta of 1.11.

Nutrien Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, October 17th will be paid a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, September 29th. Nutrien's dividend payout ratio is presently 78.06%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on NTR shares. Raymond James Financial lowered shares of Nutrien from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, June 17th. National Bank Financial upgraded Nutrien to a "hold" rating in a research report on Thursday, September 4th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company 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.

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