Global Thematic Partners Lowers stake in Potash Corporation of Saskatchewan (USA) (POT)

Potash Corporation of Saskatchewan (USA) (POT) : Global Thematic Partners reduced its stake in Potash Corporation of Saskatchewan (USA) by 5.09% during the most recent quarter end. The investment management company now holds a total of 11,033,840 shares of Potash Corporation of Saskatchewan (USA) which is valued at $195,519,645 after selling 591,539 shares in Potash Corporation of Saskatchewan (USA) , the firm said in a disclosure report filed with the SEC on Apr 25, 2016.Potash Corporation of Saskatchewan (USA) makes up approximately 4.08% of Global Thematic Partners’s portfolio.

Potash Corporation of Saskatchewan (USA) closed down -0.24 points or -1.35% at $17.48 with 83,71,810 shares getting traded on Monday. Post opening the session at $17.77, the shares hit an intraday low of $17.3 and an intraday high of $17.81 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Other Hedge Funds, Including , Washington Trust Bank sold out all of its stake in POT during the most recent quarter. The investment firm sold 1,705 shares of POT which is valued $30,213. Fox Run Management L.l.c. sold out all of its stake in POT during the most recent quarter. The investment firm sold 39,500 shares of POT which is valued $708,630.Stonebridge Capital Management Inc reduced its stake in POT by selling 2,000 shares or 6.18% in the most recent quarter. The Hedge Fund company now holds 30,375 shares of POT which is valued at $498,758. Potash Corporation of Saskatchewan (USA) makes up approx 0.21% of Stonebridge Capital Management Inc’s portfolio.Lowe Fs boosted its stake in POT in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 530 shares of Potash Corporation of Saskatchewan (USA) which is valued at $8,703. Potash Corporation of Saskatchewan (USA) makes up approx 0.01% of Lowe Fs’s portfolio.Central Trust Co boosted its stake in POT in the latest quarter, The investment management firm added 473 additional shares and now holds a total of 3,923 shares of Potash Corporation of Saskatchewan (USA) which is valued at $64,416. Potash Corporation of Saskatchewan (USA) makes up approx 0.01% of Central Trust Co’s portfolio.

On the company’s financial health, Potash Corporation of Saskatchewan (USA) reported $0.15 EPS for the quarter, based on the information available during the earnings call on Apr 28, 2016. Analyst had a consensus estimate of $0.15. The company had revenue of $1209.00 million for the quarter, compared to analysts expectations of $1096.25 million. The company’s revenue was down -27.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.44 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.

Leave a Reply

Potash Corporation of Saskatchewan (USA) - Is it time to Sell?

Top Brokerage Firms are advising their investors on Potash Corporation of Saskatchewan (USA). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.