GAM Holding AG lowered its position in shares of Potash Corp. of Saskatchewan (NYSE:POT) (TSE:POT) by 37.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 411,868 shares of the fertilizer maker’s stock after selling 244,031 shares during the period. GAM Holding AG’s holdings in Potash Corp. of Saskatchewan were worth $6,721,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the stock. Lowe fs LLC boosted its position in Potash Corp. of Saskatchewan by 9.4% in the third quarter. Lowe fs LLC now owns 6,490 shares of the fertilizer maker’s stock worth $106,000 after buying an additional 560 shares during the last quarter. Kelly Lawrence W & Associates Inc. CA boosted its position in Potash Corp. of Saskatchewan by 28.0% in the second quarter. Kelly Lawrence W & Associates Inc. CA now owns 6,850 shares of the fertilizer maker’s stock worth $111,000 after buying an additional 1,500 shares during the last quarter. MUFG Americas Holdings Corp boosted its position in Potash Corp. of Saskatchewan by 68.0% in the second quarter. MUFG Americas Holdings Corp now owns 7,730 shares of the fertilizer maker’s stock worth $126,000 after buying an additional 3,130 shares during the last quarter. Financial Architects Inc boosted its position in Potash Corp. of Saskatchewan by 252.2% in the second quarter. Financial Architects Inc now owns 8,100 shares of the fertilizer maker’s stock worth $132,000 after buying an additional 5,800 shares during the last quarter. Finally, Seven Eight Capital LLC boosted its position in Potash Corp. of Saskatchewan by 566.8% in the second quarter. Seven Eight Capital LLC now owns 9,529 shares of the fertilizer maker’s stock worth $155,000 after buying an additional 8,100 shares during the last quarter. Institutional investors own 59.18% of the company’s stock.

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

Shares of Potash Corp. of Saskatchewan (NYSE:POT) traded down 0.51% during trading on Tuesday, reaching $17.57. The company’s stock had a trading volume of 2,778,022 shares. Potash Corp. of Saskatchewan has a 52 week low of $14.64 and a 52 week high of $20.43. The company has a 50 day moving average price of $16.79 and a 200 day moving average price of $16.61. The firm has a market capitalization of $14.75 billion, a P/E ratio of 30.82 and a beta of 0.61.

Potash Corp. of Saskatchewan (NYSE:POT) last posted its earnings results on Thursday, October 27th. The fertilizer maker reported $0.10 EPS for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.01. Potash Corp. of Saskatchewan had a return on equity of 6.94% and a net margin of 10.06%. The business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the firm earned $0.34 earnings per share. The business’s revenue was down 25.7% compared to the same quarter last year. On average, equities research analysts expect that Potash Corp. of Saskatchewan will post $0.50 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 2nd. Stockholders of record on Thursday, January 12th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date is Tuesday, January 10th. Potash Corp. of Saskatchewan’s dividend payout ratio (DPR) is currently 70.18%.

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A number of brokerages have weighed in on POT. HSBC set a $15.75 target price on Potash Corp. of Saskatchewan and gave the company a “neutral” rating in a research report on Tuesday, November 22nd. RBC Capital Markets reaffirmed a “hold” rating on shares of Potash Corp. of Saskatchewan in a research report on Wednesday, August 31st. Citigroup Inc. reaffirmed a “neutral” rating and set a $17.00 target price on shares of Potash Corp. of Saskatchewan in a research report on Wednesday, August 31st. Sanford C. Bernstein set a $19.00 target price on Potash Corp. of Saskatchewan and gave the company a “buy” rating in a research report on Wednesday, November 23rd. Finally, Goldman Sachs Group Inc. set a $14.00 target price on Potash Corp. of Saskatchewan and gave the company a “neutral” rating in a research report on Wednesday, August 31st. Six research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $16.99.

About Potash Corp. of Saskatchewan

Potash Corporation of Saskatchewan Inc is a fertilizer producer producing various primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. It owns and operates approximately five potash operations in Saskatchewan and one in New Brunswick.

5 Day Chart for NYSE:POT

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