Julie Lagacy Buys 2,000 Shares of Nutrien Ltd. (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) Director Julie Lagacy acquired 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average cost of C$73.28 per share, with a total value of C$146,563.20.

Nutrien Trading Down 1.0 %

Shares of TSE:NTR traded down C$0.74 during midday trading on Thursday, hitting C$72.28. 3,586,753 shares of the stock traded hands, compared to its average volume of 1,681,240. Nutrien Ltd. has a one year low of C$60.74 and a one year high of C$83.14. The stock has a market capitalization of C$24.88 billion, a PE ratio of 34.03, a P/E/G 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. The business’s 50 day moving average is C$73.35 and its two-hundred day moving average is C$68.21.

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 given a $0.545 dividend. This is a positive change from Nutrien’s previous quarterly dividend of $0.54. This represents a $2.18 dividend on an annualized basis and a dividend yield of 3.02%. Nutrien’s dividend payout ratio (DPR) is currently 137.48%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Raymond James upgraded Nutrien from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 3rd. Piper Sandler upgraded Nutrien from a “strong sell” rating to a “strong-buy” rating in a report on Monday, January 13th. Finally, Barclays cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Nutrien has an average rating of “Hold” and an average price target of C$59.00.

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.