Hikari Power Ltd raised its holdings in Potash Corporation of Saskatchewan Inc. (NYSE:POT) (TSE:POT) by 12.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 940,900 shares of the fertilizer maker’s stock after acquiring an additional 104,700 shares during the period. Potash Corporation of Saskatchewan comprises about 2.3% of Hikari Power Ltd’s investment portfolio, making the stock its 12th largest holding. Hikari Power Ltd owned about 0.11% of Potash Corporation of Saskatchewan worth $18,103,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. San Francisco Sentry Investment Group CA acquired a new position in Potash Corporation of Saskatchewan in the second quarter valued at about $104,000. Financial Architects Inc grew its stake in Potash Corporation of Saskatchewan by 11.7% in the second quarter. Financial Architects Inc now owns 6,700 shares of the fertilizer maker’s stock valued at $109,000 after acquiring an additional 700 shares during the period. Cornerstone Advisors Inc. grew its stake in Potash Corporation of Saskatchewan by 1.8% in the second quarter. Cornerstone Advisors Inc. now owns 6,749 shares of the fertilizer maker’s stock valued at $110,000 after acquiring an additional 122 shares during the period. Patriot Financial Group Insurance Agency LLC grew its stake in Potash Corporation of Saskatchewan by 5,642.7% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 7,523 shares of the fertilizer maker’s stock valued at $143,000 after acquiring an additional 7,392 shares during the period. Finally, Bessemer Group Inc. grew its stake in Potash Corporation of Saskatchewan by 126.8% in the second quarter. Bessemer Group Inc. now owns 9,892 shares of the fertilizer maker’s stock valued at $162,000 after acquiring an additional 5,530 shares during the period. 57.71% of the stock is owned by hedge funds and other institutional investors.

Potash Corporation of Saskatchewan Inc. (NYSE POT) traded up $0.30 on Friday, reaching $19.05. The company had a trading volume of 2,761,000 shares, compared to its average volume of 4,902,176. Potash Corporation of Saskatchewan Inc. has a fifty-two week low of $15.74 and a fifty-two week high of $20.26. The company has a market capitalization of $16,060.00, a price-to-earnings ratio of 37.50, a PEG ratio of 4.58 and a beta of 0.46. The company has a quick ratio of 0.50, a current ratio of 0.99 and a debt-to-equity ratio of 0.44.

Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last released its earnings results on Thursday, October 26th. The fertilizer maker reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.03). The company 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 5.01% and a net margin of 10.21%. The business’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.10 EPS. equities research analysts anticipate that Potash Corporation of Saskatchewan Inc. will post 0.63 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Friday, September 29th were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.40 annualized dividend and a yield of 2.10%. Potash Corporation of Saskatchewan’s dividend payout ratio is 75.47%.

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POT has been the subject of several recent research reports. UBS AG upped their price objective on Potash Corporation of Saskatchewan from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Zacks Investment Research cut Potash Corporation of Saskatchewan from a “hold” rating to a “strong sell” rating in a research report on Monday, October 23rd. Royal Bank Of Canada reaffirmed a “buy” rating and set a $20.00 price objective on shares of Potash Corporation of Saskatchewan in a research report on Wednesday, October 18th. initiated coverage on Potash Corporation of Saskatchewan in a research report on Wednesday, October 11th. They set a “buy” rating and a $24.25 price objective for the company. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $17.50 price objective (up from $17.00) on shares of Potash Corporation of Saskatchewan in a research report on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. Potash Corporation of Saskatchewan currently has an average rating of “Buy” and an average target price 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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