Cibc Asset Management Inc buys $60,421,962 stake in Potash Corporation of Saskatchewan (USA) (POT)

Potash Corporation of Saskatchewan (USA) (POT) : Cibc Asset Management Inc scooped up 91,075 additional shares in Potash Corporation of Saskatchewan (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 3,821,756 shares of Potash Corporation of Saskatchewan (USA) which is valued at $60,421,962.Potash Corporation of Saskatchewan (USA) makes up approximately 0.44% of Cibc Asset Management Inc’s portfolio.

Other Hedge Funds, Including , Ipswich Investment Management sold out all of its stake in POT during the most recent quarter. The investment firm sold 4,000 shares of POT which is valued $63,240.Hanson Doremus Investment Management boosted its stake in POT in the latest quarter, The investment management firm added 2,030 additional shares and now holds a total of 61,200 shares of Potash Corporation of Saskatchewan (USA) which is valued at $954,720. Potash Corporation of Saskatchewan (USA) makes up approx 0.42% of Hanson Doremus Investment Management’s portfolio.Cwm boosted its stake in POT in the latest quarter, The investment management firm added 34,042 additional shares and now holds a total of 308,732 shares of Potash Corporation of Saskatchewan (USA) which is valued at $5,239,182. Potash Corporation of Saskatchewan (USA) makes up approx 0.37% of Cwm’s portfolio. Sphinx Trading Lp added POT to its portfolio by purchasing 2,500 company shares during the most recent quarter which is valued at $42,425. Potash Corporation of Saskatchewan (USA) makes up approx 0.34% of Sphinx Trading Lp’s portfolio.

Potash Corporation of Saskatchewan (USA) opened for trading at $16.21 and hit $16.4 on the upside on Monday, eventually ending the session at $16.39, with a gain of 2.37% or 0.38 points. The heightened volatility saw the trading volume jump to 85,35,332 shares. Company has a market cap of $13,758 M.

On the company’s financial health, Potash Corporation of Saskatchewan (USA) reported $0.18 EPS for the quarter, based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus estimate of $0.18. The company had revenue of $1053.00 million for the quarter, compared to analysts expectations of $1131.01 million. The company’s revenue was down -39.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.50 EPS.

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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