Economy

Potash Corporation of Saskatchewan Inc. (POT) Stake Increased by Zacks Investment Management

The company was downgraded on Monday, September 21 by Macquarie Research. The fund owned 117,995 shares of the fertilizer maker's stock after acquiring an additional 9,104 shares during the quarter. Schroder Investment Management Group raised its stake in shares of Potash Corporation of Saskatchewan by 2,582.5% in the 2nd quarter.

Hedge funds have recently modified their holdings of the company.

04/10/2017 - Potash Corporation of Saskatchewan Inc. had its "neutral" rating reiterated by analysts at Citigroup. Kempen Capital Management N.V. now owns 1,443,804 shares of the fertilizer maker's stock valued at $23,534,000 after acquiring an additional 54,950 shares during the last quarter.

Potash Corporation of Saskatchewan (NYSE POT) opened at 19.24 on Thursday.

12/19/2016 - Potash Corporation of Saskatchewan Inc. had its "overweight" rating reiterated by analysts at Sanford C. Bernstein. Beck Mack & Oliver LLC now owns 416,135 shares of the fertilizer maker's stock worth $6,791,000 after buying an additional 3,800 shares in the last quarter. Kempen Capital Management N.V. raised its stake in shares of Potash Corporation of Saskatchewan by 4.0% in the 2nd quarter. Bessemer Group has an ownership of 9,892 stocks of the fertilizer maker's shares valued at $162,000 following purchasing an extra 5,530 stocks in the previous period. Cornerstone Advisors upped its stake in Potash Corporation of Saskatchewan by 1.8% through out the Fiscal Q2.

POT has been the discussion subject of Many brokerage reports.

05/19/2017 - Potash Corporation of Saskatchewan Inc. was upgraded to "buy" by analysts at Vertical Research Partners. Common Stock (NYSE:POT) to a solid Buy rating from their previous Hold rating.

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Potash Corporation of Saskatchewan Inc. Stifel Nicolaus reaffirmed a "buy" rating and set a $20.50 price target on shares of Potash Corporation of Saskatchewan in a report on Thursday, September 14th. Potash Corp had 64 analyst reports since August 4, 2015 according to SRatingsIntel. Two financial stock experts recommended the company shares with a sell recommendation, around seven has issued a hold recommendation, six has issued a buy recommendation and 1 have issued a strong buy recommendation to The corporation. They now have a United States dollars 19 price target on the stock.

09/26/2016 - Potash Corporation of Saskatchewan Inc. was upgraded to "positive" by analysts at Susquehanna. Potash Co. of Saskatchewan has a 12 month low of $15.21 and a 12 month high of $20.26. The company's 50-day moving average price is $17.71 and its 200 day moving average price is $17.06. The stock's market capitalization is 16.28B. Scotia Capital downgraded the stock to "Sector Perform" rating in Tuesday, September 13 report. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $941.39 million. Potash Co. of Saskatchewan had a return on equity of 5.23% and a net margin of 7.54%.

Potash Corporation of Saskatchewan (NYSE POT) transacted up 0.94% on Early Thur, topping $19.38.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 2nd. Investors with a record date on early Fri, Sep 29th will be given a $0.10 dividend. Potash Corporation of Saskatchewan's dividend payout ratio is presently 67.80%.

TRADEMARK VIOLATION WARNING: This piece was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another website, it was illegally copied and reposted in violation of worldwide trademark and copyright laws. The original version of this article can be viewed at https://weekherald.com/2017/09/30/potash-corporation-of-saskatchewan-inc-pot-stake-increased-by-zacks-investment-management.html.

Potash Corporation of Saskatchewan Inc.is a fertilizer producer producing a range of primary crop nutrients, such as potash, nitrogen and phosphate.



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