Kenneth Alvin Seitz Buys 10,490 Shares of Nutrien Ltd. (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) Director Kenneth Alvin Seitz bought 10,490 shares of Nutrien stock in a transaction on Tuesday, December 24th. The shares were purchased at an average cost of C$64.04 per share, with a total value of C$671,779.60.

Nutrien Stock Down 0.0 %

Shares of TSE:NTR opened at C$63.93 on Friday. Nutrien Ltd. has a 52-week low of C$60.74 and a 52-week high of C$83.14. The company has a quick ratio of 0.65, a current ratio of 1.26 and a debt-to-equity ratio of 53.14. The business has a fifty day moving average of C$66.24 and a two-hundred day moving average of C$67.02. The stock has a market cap of C$31.63 billion, a P/E ratio of 28.93, a PEG ratio of 1.15 and a beta of 0.95.

Nutrien Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Tuesday, December 31st will be given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 3.38%. The ex-dividend date is Tuesday, December 31st. Nutrien’s payout ratio is currently 132.13%.

Analysts Set New Price Targets

Several research analysts recently commented on NTR shares. UBS Group downgraded Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. Wells Fargo & Company cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. Raymond James upgraded shares of Nutrien from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 3rd. Finally, The Goldman Sachs Group cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 10th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Nutrien presently has a consensus rating of “Hold” and an average target price of C$64.50.

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.