Community Bank N.A. boosted its stake in shares of Potash Corporation of Saskatchewan Inc. (NYSE:POT) (TSE:POT) by 13.4% during the second quarter, Holdings Channel reports. The institutional investor owned 32,913 shares of the fertilizer maker’s stock after buying an additional 3,900 shares during the period. Community Bank N.A.’s holdings in Potash Corporation of Saskatchewan were worth $536,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in POT. Financial Architects Inc increased its position in shares of Potash Corporation of Saskatchewan by 1.7% in the first quarter. Financial Architects Inc now owns 6,000 shares of the fertilizer maker’s stock valued at $102,000 after buying an additional 100 shares in the last quarter. Cornerstone Advisors Inc. increased its position in shares of 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 buying an additional 122 shares in the last quarter. Lowe Wealth Advisors LLC increased its position in shares of Potash Corporation of Saskatchewan by 12.7% in the second quarter. Lowe Wealth Advisors LLC now owns 7,520 shares of the fertilizer maker’s stock valued at $123,000 after buying an additional 845 shares in the last quarter. Bessemer Group Inc. increased its position in shares of 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 buying an additional 5,530 shares in the last quarter. Finally, Marshall Wace North America L.P. purchased a new position in shares of Potash Corporation of Saskatchewan during the first quarter valued at about $178,000. 60.42% of the stock is owned by hedge funds and other institutional investors.

Shares of Potash Corporation of Saskatchewan Inc. (POT) opened at 17.51 on Wednesday. The firm has a market cap of $14.71 billion, a PE ratio of 30.83 and a beta of 0.46. The stock’s 50 day moving average is $17.39 and its 200 day moving average is $17.18. Potash Corporation of Saskatchewan Inc. has a 12 month low of $15.72 and a 12 month high of $20.26.

Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last posted its 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 return on equity of 5.19% and a net margin of 11.07%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company posted $0.18 EPS. Analysts forecast that Potash Corporation of Saskatchewan Inc. will post $0.62 EPS for the current fiscal year.

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Several equities analysts recently issued reports on POT shares. Royal Bank Of Canada reissued a “buy” rating and set a $19.00 price target on shares of Potash Corporation of Saskatchewan in a report on Tuesday, June 20th. Vertical Research raised shares of Potash Corporation of Saskatchewan from a “hold” rating to a “buy” rating in a report on Friday, May 19th. Stifel Nicolaus reissued a “buy” rating and set a $19.00 price target (down from $20.00) on shares of Potash Corporation of Saskatchewan in a report on Monday, July 10th. Zacks Investment Research downgraded shares of Potash Corporation of Saskatchewan from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, BMO Capital Markets reissued a “hold” rating and set a $17.00 price target on shares of Potash Corporation of Saskatchewan in a report on Friday, July 7th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Potash Corporation of Saskatchewan currently has an average rating of “Hold” and an average price target of $18.18.

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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