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

Nutrien Ltd. (TSE:NTR) Director Michael Jeremiah Hennigan bought 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average price of C$73.98 per share, for a total transaction of C$369,910.00.

Nutrien Price Performance

Shares of TSE NTR opened at C$74.32 on Tuesday. Nutrien Ltd. has a 52 week low of C$60.74 and a 52 week high of C$83.14. The business’s 50 day moving average price is C$71.06 and its 200 day moving average price is C$67.55. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10. The firm has a market cap of C$25.59 billion, a P/E ratio of 34.99, a P/E/G ratio of 1.15 and a beta of 0.95.

Nutrien Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Monday, March 31st will be issued a $0.545 dividend. This is an increase from Nutrien’s previous quarterly dividend of $0.54. This represents a $2.18 annualized dividend and a dividend yield of 2.93%. Nutrien’s dividend payout ratio is 137.48%.

Analyst Ratings Changes

NTR has been the subject of several recent analyst reports. Piper Sandler raised Nutrien from a “strong sell” rating to a “strong-buy” rating in a report on Monday, January 13th. Barclays cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Finally, Raymond James upgraded shares of Nutrien from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 3rd. Five analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Nutrien has a consensus rating of “Hold” and an average target price 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.