Community Bank N.A. cut its holdings in shares of Potash Corporation of Saskatchewan Inc. (NYSE:POT) (TSE:POT) by 17.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,053 shares of the fertilizer maker’s stock after selling 5,860 shares during the quarter. Community Bank N.A.’s holdings in Potash Corporation of Saskatchewan were worth $521,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in POT. San Francisco Sentry Investment Group CA bought a new position in shares of Potash Corporation of Saskatchewan during the second quarter worth approximately $104,000. Financial Architects Inc increased its holdings in shares of Potash Corporation of Saskatchewan by 11.7% during the second quarter. Financial Architects Inc now owns 6,700 shares of the fertilizer maker’s stock worth $109,000 after purchasing an additional 700 shares during the period. Cornerstone Advisors Inc. increased its holdings in shares of Potash Corporation of Saskatchewan by 1.8% during the second quarter. Cornerstone Advisors Inc. now owns 6,749 shares of the fertilizer maker’s stock worth $110,000 after purchasing an additional 122 shares during the period. Lowe Wealth Advisors LLC increased its holdings in shares of Potash Corporation of Saskatchewan by 12.7% during the second quarter. Lowe Wealth Advisors LLC now owns 7,520 shares of the fertilizer maker’s stock worth $123,000 after purchasing an additional 845 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Potash Corporation of Saskatchewan by 5,642.7% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 7,523 shares of the fertilizer maker’s stock worth $143,000 after purchasing an additional 7,392 shares during the period. 56.97% of the stock is currently owned by institutional investors.

Shares of Potash Corporation of Saskatchewan Inc. (NYSE:POT) traded up 0.82% on Wednesday, reaching $19.63. 1,986,425 shares of the company were exchanged. Potash Corporation of Saskatchewan Inc. has a 12-month low of $15.74 and a 12-month high of $20.26. The firm has a 50 day moving average price of $19.15 and a 200-day moving average price of $17.53. The stock has a market capitalization of $16.49 billion, a PE ratio of 34.56 and a beta of 0.48.

Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last posted its earnings results on Thursday, October 26th. The fertilizer maker reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.03). The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.03 billion. Potash Corporation of Saskatchewan had a return on equity of 5.04% and a net margin of 10.21%. The business’s revenue was up 8.6% on a year-over-year basis. During the same period last year, the company posted $0.10 EPS. On average, analysts predict that Potash Corporation of Saskatchewan Inc. will post $0.60 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 1st. Investors of record on Friday, September 29th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date is Thursday, September 28th. Potash Corporation of Saskatchewan’s dividend payout ratio (DPR) is presently 72.73%.

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Several brokerages have recently commented on POT. UBS AG raised their target price on shares of Potash Corporation of Saskatchewan from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Zacks Investment Research cut shares of Potash Corporation of Saskatchewan from a “hold” rating to a “strong sell” rating in a report on Monday, October 23rd. Royal Bank Of Canada reaffirmed a “buy” rating and set a $20.00 target price on shares of Potash Corporation of Saskatchewan in a report on Wednesday, October 18th. HSBC Holdings plc began coverage on shares of Potash Corporation of Saskatchewan in a report on Wednesday, October 11th. They set a “buy” rating and a $24.25 target price on the stock. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $17.50 target price (up from $17.00) on shares of Potash Corporation of Saskatchewan in a report on Friday, October 6th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $19.94.

Potash Corporation of Saskatchewan Profile

Potash Corporation of Saskatchewan Inc (PCS) is a fertilizer producer producing a range of primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. As of December 31, 2016, it owned and operated five potash operations in Saskatchewan and owned one in New Brunswick.

Institutional Ownership by Quarter for Potash Corporation of Saskatchewan (NYSE:POT)

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