S&CO Inc. held its position in Potash Corporation of Saskatchewan Inc. (NYSE:POT) (TSE:POT) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,000 shares of the fertilizer maker’s stock at the end of the second quarter. S&CO Inc.’s holdings in Potash Corporation of Saskatchewan were worth $782,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in Potash Corporation of Saskatchewan by 40.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,385,650 shares of the fertilizer maker’s stock worth $25,066,000 after buying an additional 395,956 shares in the last quarter. Macquarie Group Ltd. acquired a new position in Potash Corporation of Saskatchewan during the fourth quarter worth $12,084,000. Fruth Investment Management acquired a new position in Potash Corporation of Saskatchewan during the first quarter worth $363,000. New England Research & Management Inc. boosted its position in Potash Corporation of Saskatchewan by 47.8% in the first quarter. New England Research & Management Inc. now owns 37,020 shares of the fertilizer maker’s stock worth $632,000 after buying an additional 11,970 shares in the last quarter. Finally, Creative Planning boosted its position in 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 in the last quarter. Institutional investors and hedge funds own 59.09% of the company’s stock.

Shares of Potash Corporation of Saskatchewan Inc. (NYSE:POT) opened at 18.05 on Friday. Potash Corporation of Saskatchewan Inc. has a 12 month low of $15.32 and a 12 month high of $20.26. The stock’s 50 day moving average price is $17.09 and its 200 day moving average price is $17.26. The firm has a market cap of $15.16 billion, a price-to-earnings ratio of 31.78 and a beta of 0.46.

Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last issued 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 business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $982.05 million. Potash Corporation of Saskatchewan had a net margin of 11.07% and a return on equity of 5.19%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.18 EPS. Equities research analysts predict that Potash Corporation of Saskatchewan Inc. will post $0.60 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 1st. Investors of record on Friday, June 30th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend was Wednesday, June 28th. Potash Corporation of Saskatchewan’s dividend payout ratio is currently 67.80%.

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A number of brokerages recently commented on POT. Cowen and Company set a $16.00 target price on Potash Corporation of Saskatchewan and gave the company a “hold” rating in a report on Thursday, July 27th. Royal Bank Of Canada restated a “buy” rating and set a $19.00 target price on shares of Potash Corporation of Saskatchewan in a report on Friday, July 28th. Zacks Investment Research cut Potash Corporation of Saskatchewan from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Scotiabank restated 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. Finally, TD Securities restated a “hold” rating and set a $17.50 target price on shares of Potash Corporation of Saskatchewan in a report on Friday, April 28th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $18.08.

Potash Corporation of Saskatchewan Company 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.

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

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