Bollard Group LLC lessened its stake in Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) by 1.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 263,612 shares of the fertilizer maker’s stock after selling 5,096 shares during the period. Bollard Group LLC’s holdings in Potash Co. of Saskatchewan were worth $5,072,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Marshall Wace North America L.P. acquired a new stake in Potash Co. of Saskatchewan in the first quarter worth about $178,000. Vanguard Group Inc. boosted its holdings in Potash Co. of Saskatchewan by 2.1% in the first quarter. Vanguard Group Inc. now owns 18,774,536 shares of the fertilizer maker’s stock worth $320,669,000 after acquiring an additional 388,656 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Potash Co. of Saskatchewan by 61.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,235,025 shares of the fertilizer maker’s stock worth $38,174,000 after acquiring an additional 849,375 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in Potash Co. of Saskatchewan in the first quarter worth about $200,000. Finally, State Street Corp boosted its holdings in Potash Co. of Saskatchewan by 10.5% in the first quarter. State Street Corp now owns 1,142,590 shares of the fertilizer maker’s stock worth $19,515,000 after acquiring an additional 108,295 shares in the last quarter. Institutional investors own 56.97% of the company’s stock.

Potash Co. of Saskatchewan (NYSE POT) traded up 0.699% during midday trading on Tuesday, hitting $19.445. The company had a trading volume of 1,657,534 shares. The company has a market cap of $16.34 billion, a price-to-earnings ratio of 34.234 and a beta of 0.48. Potash Co. of Saskatchewan has a 12 month low of $15.74 and a 12 month high of $20.27. The firm has a 50-day moving average price of $19.12 and a 200-day moving average price of $17.52.

Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) last released its quarterly earnings results on Thursday, October 26th. The fertilizer maker reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03). The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Potash Co. of Saskatchewan had a return on equity of 2.50% and a net margin of 4.29%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.10 EPS. Equities analysts anticipate that Potash Co. of Saskatchewan will post $0.63 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 1st. Investors of record on Friday, September 29th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, September 28th. This represents a $0.40 dividend on an annualized basis and a yield of 2.07%. Potash Co. of Saskatchewan’s dividend payout ratio is presently 72.73%.

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Several equities research analysts have weighed in on POT shares. BMO Capital Markets reissued a “hold” rating and issued a $17.00 price target on shares of Potash Co. of Saskatchewan in a report on Friday, July 7th. Scotiabank raised Potash Co. of Saskatchewan from a “sector perform” rating to an “outperform” rating and set a $20.00 price target for the company in a report on Monday, July 10th. Stifel Nicolaus reissued a “buy” rating and issued a $19.00 price target (down previously from $20.00) on shares of Potash Co. of Saskatchewan in a report on Monday, July 10th. Zacks Investment Research downgraded Potash Co. of Saskatchewan from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, Cowen and Company set a $16.00 price target on Potash Co. of Saskatchewan and gave the stock a “hold” rating in a report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $19.35.

About Potash Co. 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 Co. of Saskatchewan (NYSE:POT)

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