Potash Corporation of Saskatchewan (POT) Receiving Somewhat Critical News Coverage, Study Shows

Paterniano Del Favero
Agosto 2, 2017

7,388,581 shares of the stock were exchanged. Ltd.'s holdings in Potash Corporation of Saskatchewan were worth $121,000 at the end of the most recent reporting period.

POT has been the subject of several recent research reports.

News headlines about Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) have trended somewhat negative on Tuesday, Accern reports. Cornerstone Advisors Inc. now owns 6,749 shares of the fertilizer maker's stock valued at $110,000 after buying an additional 122 shares during the last quarter. Finally, Bessemer Group Inc. increased its position in Potash Corporation of Saskatchewan by 126.8% in the second quarter.

Watching some historical volatility numbers on shares of Potash Corporation of Saskatchewan Inc. Financial Architects Inc now owns 6,000 shares of the fertilizer maker's stock valued at $102,000 after buying an additional 100 shares during the last quarter. City Financial Investment Co Ltd now owns 174,000 shares of the fertilizer maker's stock worth $2,972,000 after buying an additional 74,000 shares during the last quarter. Bank of Nova Scotia now owns 2,176,390 shares of the fertilizer maker's stock worth $37,184,000 after buying an additional 350,035 shares during the last quarter.

Institutional investors have recently bought and sold shares of the company. Potash Corporation of Saskatchewan has a 52 week low of $15.32 and a 52 week high of $20.27. Comerica Bank boosted its position in Potash Corporation of Saskatchewan by 17.3% in the fourth quarter. The company's stock had a trading volume of 6,415,758 shares. Potash Corporation of Saskatchewan Inc. Market valuation of the company is $14.81 B, a price to earnings ratio of 31.04 along with a stock beta of 0.44. The stock's 50 day moving average price is $17.07 and its 200 day moving average price is $17.27.

Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last issued its quarterly earnings results on Thursday, July 27th. The fertilizer maker posted $0.16 Earnings per share for the period, falling below Zacks' average forecast of $0.17 by $0.01. Potash Corporation of Saskatchewan had a return on equity of 5.24% and a net margin of 11.07%. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $982.05 million. The firm's revenue for the quarter was up 6.4% compared to the same quarter a year ago. Potash Corporation of Saskatchewan earned a news sentiment score of -0.02 on Accern's scale.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 1st. Investors of record on Friday, June 30th will be given a $0.10 dividend. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 42. The ex-dividend date of this dividend is Wednesday, June 28th. Financial Architects boosted its position in Potash Corporation of Saskatchewan by 1.7% in the Q1.

ILLEGAL ACTIVITY WARNING: This story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another site, it was copied illegally and republished in violation of United States and global trademark & copyright law. The legal version of this story can be read at https://www.thecerbatgem.com/2017/08/01/sprott-inc-buys-1400-shares-of-potash-corporation-of-saskatchewan-inc-pot-updated-updated.html. Stifel Nicolaus reaffirmed a "buy" rating and issued a $19.00 price objective (down previously from $20.00) on shares of Potash Corporation of Saskatchewan in a research report on Monday, July 10th. Royal Bank of Canada reaffirmed a "buy" rating and issued a $19.00 price target on shares of Potash Corporation of Saskatchewan in a report on Monday, April 10th. Scotiabank reissued a "sector perform" rating and set a $20.00 price target on shares of Potash Corporation of Saskatchewan in a research report on Friday, April 28th. Two financial stock experts recommended the company shares with a sell recommendation, around ten have published a hold recommendation, around seven have issued a buy recommendation and 1 has released a strong buy recommendation to the share. the share presently has a consensus recommendation of Hold and an average price objective of $18.08. The stock now has a consensus rating of "Hold" and a consensus price target of $18.08.

Investors may be interested in viewing the Gross Margin score on shares of Potash Corporation of Saskatchewan Inc. The Company operates through three segments: potash, nitrogen and phosphate. Bessemer Group has an ownership of 9,892 stocks of the fertilizer maker's shares valued at $162,000 after scooping up an extra 5,530 shares through out the previous quarter, Lastly, Marshall Wace North America acquired a new position in Potash Corporation of Saskatchewan during the Q1 worth at about $178,000. investment firms and many large funds has an ownership of 59.09% of the firms stock.

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