Jnba Financial Advisors Lowers stake in Potash Corporation of Saskatchewan (USA) (POT)

Potash Corporation of Saskatchewan (USA) (POT) : Jnba Financial Advisors reduced its stake in Potash Corporation of Saskatchewan (USA) by 2.13% during the most recent quarter end. The investment management company now holds a total of 6,900 shares of Potash Corporation of Saskatchewan (USA) which is valued at $123,786 after selling 150 shares in Potash Corporation of Saskatchewan (USA) , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.Potash Corporation of Saskatchewan (USA) makes up approximately 0.04% of Jnba Financial Advisors’s portfolio.

Potash Corporation of Saskatchewan (USA) opened for trading at $17.96 and hit $18.35 on the upside on Wednesday, eventually ending the session at $18.23, with a gain of 1.90% or 0.34 points. The heightened volatility saw the trading volume jump to 1,17,25,932 shares. Company has a market cap of $15,261 M.

Other Hedge Funds, Including , Advisory Services Network boosted its stake in POT in the latest quarter, The investment management firm added 6,107 additional shares and now holds a total of 21,926 shares of Potash Corporation of Saskatchewan (USA) which is valued at $393,352. Potash Corporation of Saskatchewan (USA) makes up approx 0.11% of Advisory Services Network’s portfolio.Hartford Financial Management reduced its stake in POT by selling 600 shares or 60.0% in the most recent quarter. The Hedge Fund company now holds 400 shares of POT which is valued at $7,176. Raymond James Trust N.a. sold out all of its stake in POT during the most recent quarter. The investment firm sold 13,184 shares of POT which is valued $236,521.Capstone Asset Management Co reduced its stake in POT by selling 615 shares or 0.55% in the most recent quarter. The Hedge Fund company now holds 110,797 shares of POT which is valued at $1,819,287. Potash Corporation of Saskatchewan (USA) makes up approx 0.05% of Capstone Asset Management Co’s portfolio.Creative Planning reduced its stake in POT by selling 1,962 shares or 4.15% in the most recent quarter. The Hedge Fund company now holds 45,271 shares of POT which is valued at $718,451. Potash Corporation of Saskatchewan (USA) makes up approx 0.01% of Creative Planning’s portfolio.

On the company’s financial health, Potash Corporation of Saskatchewan (USA) reported $0.24 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Jan 28, 2016. Analyst had a consensus of $0.31. The company had revenue of $1354.00 million for the quarter, compared to analysts expectations of $1368.65 million. The company’s revenue was down -28.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.49 EPS.

Many Wall Street Analysts have commented on Potash Corporation of Saskatchewan (USA). Shares were Downgraded by Barclays on Apr 19, 2016 to ” Underweight” and Lowered the Price Target to $ 14 from a previous price target of $16 .Potash Corporation of Saskatchewan (USA) was Downgraded by HSBC Securities to ” Hold” on Apr 11, 2016. Potash Corporation of Saskatchewan (USA) was Downgraded by CIBC to ” Sector Perform” on Apr 4, 2016.

Potash Corporation of Saskatchewan Inc is a fertilizer company. The Company operates in three business segments: potash nitrogen and phosphate. The Company owns and operates five potash operations in Saskatchewan and one in New Brunswick. Its nitrogen operations involve the production of nitrogen fertilizers and nitrogen feed and industrial products including ammonia urea nitrogen solutions ammonium nitrate and nitric acid. It has nitrogen facilities in Georgia Louisiana Ohio and Trinidad. The Company’s phosphate operations include the manufacture and sale of solid and liquid phosphate fertilizers phosphate feed and industrial acid which is used in food products and industrial processes. It has phosphate mines and mineral processing plant complexes in Florida and North Carolina. The Company also has four phosphate feed plants in the United States and produce phosphoric acid at its Geismar Louisiana facility.

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