Noralee Bradley Purchases 300 Shares of Nutrien (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) insider Noralee Bradley acquired 300 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was acquired at an average cost of C$86.16 per share, with a total value of C$25,848.00. Following the completion of the acquisition, the insider owned 6,155 shares in the company, valued at C$530,314.80. This trade represents a 5.12% increase in their position.

Noralee Bradley also recently made the following trade(s):

• On Friday, May 8th, Noralee Bradley bought 1,000 shares of Nutrien stock. The shares were bought at an average cost of C$93.42 per share, with a total value of C$93,420.00.

Nutrien Price Performance

Shares of TSE:NTR opened at C$89.35 on Wednesday. The company has a 50 day moving average of C$94.92 and a 200 day moving average of C$95.84. The stock has a market cap of C$42.89 billion, a P/E ratio of 18.20, a P/E/G ratio of 1.15 and a beta of 0.75. Nutrien Ltd. has a 12 month low of C$74.77 and a 12 month high of C$116.95. The company has a current ratio of 1.24, a quick ratio of 0.65 and a debt-to-equity ratio of 55.44.

Nutrien (TSE:NTR) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.71 earnings per share for the quarter. Nutrien had a net margin of 8.61% and a return on equity of 9.49%. The company had revenue of C$8.41 billion for the quarter. As a group, sell-side analysts forecast that Nutrien Ltd. will post 5.3416399 EPS for the current fiscal year.

Nutrien Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Friday, July 17th will be given a dividend of $0.55 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.20 annualized dividend and a yield of 2.5%. Nutrien’s dividend payout ratio is presently 44.50%.

Analysts Set New Price Targets

NTR has been the topic of several recent analyst reports. Berenberg Bank cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 10th. UBS Group cut shares of Nutrien from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 26th. Raymond James Financial raised shares of Nutrien from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, May 5th. Barclays upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Finally, Jefferies Financial Group raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 12th. Three analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$80.00.

About Nutrien

Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.