Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Potash Corporation of Saskatchewan Inc. (NYSE:POT) (TSE:POT) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 15,000 shares of the fertilizer maker’s stock, valued at approximately $289,000.

Several other institutional investors have also recently bought and sold shares of POT. Perigon Wealth Management LLC raised its stake in Potash Corporation of Saskatchewan by 35.2% in the second quarter. Perigon Wealth Management LLC now owns 25,177 shares of the fertilizer maker’s stock worth $413,000 after buying an additional 6,553 shares in the last quarter. Kempen Capital Management N.V. raised its stake in Potash Corporation of Saskatchewan by 4.0% in the second quarter. Kempen Capital Management N.V. now owns 1,443,804 shares of the fertilizer maker’s stock worth $23,534,000 after buying an additional 54,950 shares in the last quarter. Greenwood Capital Associates LLC raised its stake in Potash Corporation of Saskatchewan by 74.6% in the second quarter. Greenwood Capital Associates LLC now owns 241,775 shares of the fertilizer maker’s stock worth $3,941,000 after buying an additional 103,307 shares in the last quarter. Blair William & Co. IL raised its stake in Potash Corporation of Saskatchewan by 6.4% in the second quarter. Blair William & Co. IL now owns 85,463 shares of the fertilizer maker’s stock worth $1,393,000 after buying an additional 5,105 shares in the last quarter. Finally, Schroder Investment Management Group raised its stake in Potash Corporation of Saskatchewan by 2,582.5% in the second quarter. Schroder Investment Management Group now owns 2,905,142 shares of the fertilizer maker’s stock worth $61,327,000 after buying an additional 2,796,842 shares in the last quarter. Institutional investors own 57.71% of the company’s stock.

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Shares of Potash Corporation of Saskatchewan Inc. (NYSE POT) traded down $0.09 on Monday, hitting $19.07. 3,168,300 shares of the company traded hands, compared to its average volume of 4,936,321. The company has a market capitalization of $16,021.93, a P/E ratio of 38.14, a P/E/G ratio of 4.78 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 Inc. has a 12 month low of $15.74 and a 12 month high of $20.26.

Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last announced its quarterly earnings results on Thursday, October 26th. The fertilizer maker reported $0.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.03). The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.03 billion. Potash Corporation of Saskatchewan had a net margin of 10.21% and a return on equity of 5.01%. Potash Corporation of Saskatchewan’s revenue was up 8.6% on a year-over-year basis. During the same period last year, the business earned $0.10 EPS. equities analysts predict that Potash Corporation of Saskatchewan Inc. will post 0.61 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Investors of record on Friday, September 29th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend was Thursday, September 28th. Potash Corporation of Saskatchewan’s dividend payout ratio (DPR) is currently 72.73%.

A number of equities analysts recently issued reports on POT shares. HSBC Holdings plc started coverage on shares of Potash Corporation of Saskatchewan in a research note on Wednesday, October 11th. They issued a “buy” rating and a $24.25 price target for the company. BMO Capital Markets reissued a “market perform” rating and issued a $17.50 price target (up from $17.00) on shares of Potash Corporation of Saskatchewan in a research note on Friday, October 6th. Stifel Nicolaus reissued a “buy” rating and issued a $20.50 price target on shares of Potash Corporation of Saskatchewan in a research note on Friday, August 11th. Royal Bank Of Canada reissued a “buy” rating and issued a $20.00 price target on shares of Potash Corporation of Saskatchewan in a research note on Wednesday, October 18th. Finally, Cowen and Company reissued a “hold” rating on shares of Potash Corporation of Saskatchewan in a research note on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $19.94.

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.

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

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