Van Strum & Towne Inc. lowered its position in Potash Corporation of Saskatchewan Inc. (NYSE:POT) (TSE:POT) by 1.5% during the second quarter, Holdings Channel reports. The firm owned 39,068 shares of the fertilizer maker’s stock after selling 600 shares during the period. Van Strum & Towne Inc.’s holdings in Potash Corporation of Saskatchewan were worth $637,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of POT. Macquarie Group Ltd. acquired a new stake in shares of Potash Corporation of Saskatchewan during the fourth quarter worth $12,084,000. Creative Planning boosted its stake in shares of Potash Corporation of Saskatchewan by 2.2% in the first quarter. Creative Planning now owns 46,641 shares of the fertilizer maker’s stock worth $797,000 after buying an additional 1,009 shares during the period. Gulf International Bank UK Ltd boosted its stake in shares of Potash Corporation of Saskatchewan by 1.4% in the first quarter. Gulf International Bank UK Ltd now owns 252,028 shares of the fertilizer maker’s stock worth $4,299,000 after buying an additional 3,400 shares during the period. Capstone Asset Management Co. boosted its stake in shares of Potash Corporation of Saskatchewan by 0.9% in the first quarter. Capstone Asset Management Co. now owns 55,022 shares of the fertilizer maker’s stock worth $940,000 after buying an additional 490 shares during the period. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its stake in shares of Potash Corporation of Saskatchewan by 1.4% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 31,301 shares of the fertilizer maker’s stock worth $535,000 after buying an additional 436 shares during the period. 59.07% of the stock is currently owned by institutional investors.

Potash Corporation of Saskatchewan Inc. (NYSE POT) opened at 17.52 on Friday. The firm has a market cap of $14.72 billion, a PE ratio of 30.85 and a beta of 0.46. The firm’s 50-day moving average is $17.33 and its 200 day moving average is $17.24. Potash Corporation of Saskatchewan Inc. has a 1-year low of $15.72 and a 1-year high of $20.27.

Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last announced its quarterly earnings results on Thursday, July 27th. The fertilizer maker reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by $0.01. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $982.05 million. Potash Corporation of Saskatchewan had a net margin of 11.07% and a return on equity of 5.19%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company earned $0.18 earnings per share. On average, equities analysts forecast that Potash Corporation of Saskatchewan Inc. will post $0.60 earnings per share for the current fiscal year.

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POT has been the topic of a number of research reports. Zacks Investment Research cut shares of Potash Corporation of Saskatchewan from a “buy” rating to a “hold” rating in a report on Tuesday, April 25th. TD Securities reissued a “hold” rating and set a $17.50 target price on shares of Potash Corporation of Saskatchewan in a report on Friday, April 28th. Scotiabank reissued a “sector perform” rating and set a $20.00 target price on shares of Potash Corporation of Saskatchewan in a report on Friday, April 28th. Raymond James Financial, Inc. increased their target price on shares of Potash Corporation of Saskatchewan from $17.00 to $19.00 and gave the stock a “market perform” rating in a report on Monday, May 1st. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $19.00 target price on shares of Potash Corporation of Saskatchewan in a report on Wednesday, May 17th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Potash Corporation of Saskatchewan presently has a consensus rating of “Hold” and an average target price of $18.18.

About Potash Corporation of Saskatchewan

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.

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

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