Dynamic Technology Lab Private Ltd Buys 43,138 Shares of Potash Corporation of Saskatchewan Inc. (POT)

Dynamic Technology Lab Private Ltd grew its stake in shares of Potash Corporation of Saskatchewan Inc. (NYSE:POT) (TSE:POT) by 416.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,507 shares of the fertilizer maker’s stock after buying an additional 43,138 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Potash Corporation of Saskatchewan were worth $872,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in POT. San Francisco Sentry Investment Group CA purchased a new position in Potash Corporation of Saskatchewan during the second quarter worth $104,000. Financial Architects Inc increased its position in Potash Corporation of Saskatchewan by 11.7% during the second quarter. Financial Architects Inc now owns 6,700 shares of the fertilizer maker’s stock worth $109,000 after buying an additional 700 shares in the last quarter. Cornerstone Advisors Inc. increased its position in Potash Corporation of Saskatchewan by 1.8% during the second quarter. Cornerstone Advisors Inc. now owns 6,749 shares of the fertilizer maker’s stock worth $110,000 after buying an additional 122 shares in the last quarter. Lowe Wealth Advisors LLC increased its position in Potash Corporation of Saskatchewan by 12.7% during the second quarter. Lowe Wealth Advisors LLC now owns 7,520 shares of the fertilizer maker’s stock worth $123,000 after buying an additional 845 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in Potash Corporation of Saskatchewan by 126.8% during the second quarter. Bessemer Group Inc. now owns 9,892 shares of the fertilizer maker’s stock worth $162,000 after buying an additional 5,530 shares in the last quarter. 56.96% of the stock is owned by institutional investors.

Several research firms have weighed in on POT. TD Securities raised Potash Corporation of Saskatchewan from a “hold” rating to a “buy” rating and raised their price target for the stock from $17.50 to $24.00 in a research report on Thursday, September 28th. HSBC Holdings plc initiated coverage on Potash Corporation of Saskatchewan in a research report on Wednesday, October 11th. They issued a “buy” rating and a $24.25 price objective for the company. BMO Capital Markets reaffirmed a “market perform” rating and issued a $17.50 price objective (up previously from $17.00) on shares of Potash Corporation of Saskatchewan in a research report on Friday, October 6th. Royal Bank Of Canada lifted their price objective on Potash Corporation of Saskatchewan from $19.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, September 15th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $20.50 price objective on shares of Potash Corporation of Saskatchewan in a research report on Thursday, September 14th. Two analysts have rated the stock with a sell rating, six have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $19.16.

ILLEGAL ACTIVITY NOTICE: This piece was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://ledgergazette.com/2017/10/17/dynamic-technology-lab-private-ltd-buys-43138-shares-of-potash-corporation-of-saskatchewan-inc-pot.html.

Shares of Potash Corporation of Saskatchewan Inc. (POT) traded down 1.85% on Tuesday, reaching $19.05. The company had a trading volume of 806,898 shares. Potash Corporation of Saskatchewan Inc. has a 52-week low of $15.72 and a 52-week high of $20.27. The stock has a market capitalization of $16.00 billion, a PE ratio of 33.54 and a beta of 0.48. The company has a 50 day moving average price of $18.60 and a 200 day moving average price of $17.33.

Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last posted its quarterly earnings results on Thursday, July 27th. The fertilizer maker reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.01). Potash Corporation of Saskatchewan had a return on equity of 5.19% and a net margin of 11.07%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $982.05 million. During the same period last year, the company posted $0.18 earnings per share. The company’s revenue was up 6.4% compared to the same quarter last year. On average, equities research analysts anticipate that Potash Corporation of Saskatchewan Inc. will post $0.63 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Friday, September 29th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.06%. The ex-divid

A number of other institutional investors also recently added to or reduced their stakes in POT. San Francisco Sentry Investment Group CA purchased a new position in Potash Corporation of Saskatchewan during the second quarter worth $104,000. Financial Architects Inc increased its position in Potash Corporation of Saskatchewan by 11.7% during the second quarter. Financial Architects Inc now owns 6,700 shares of the fertilizer maker’s stock worth $109,000 after buying an additional 700 shares in the last quarter. Cornerstone Advisors Inc. increased its position in Potash Corporation of Saskatchewan by 1.8% during the second quarter. Cornerstone Advisors Inc. now owns 6,749 shares of the fertilizer maker’s stock worth $110,000 after buying an additional 122 shares in the last quarter. Lowe Wealth Advisors LLC increased its position in Potash Corporation of Saskatchewan by 12.7% during the second quarter. Lowe Wealth Advisors LLC now owns 7,520 shares of the fertilizer maker’s stock worth $123,000 after buying an additional 845 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in Potash Corporation of Saskatchewan by 126.8% during the second quarter. Bessemer Group Inc. now owns 9,892 shares of the fertilizer maker’s stock worth $162,000 after buying an additional 5,530 shares in the last quarter. 56.96% of the stock is owned by institutional investors.

Several research firms have weighed in on POT. TD Securities raised Potash Corporation of Saskatchewan from a “hold” rating to a “buy” rating and raised their price target for the stock from $17.50 to $24.00 in a research report on Thursday, September 28th. HSBC Holdings plc initiated coverage on Potash Corporation of Saskatchewan in a research report on Wednesday, October 11th. They issued a “buy” rating and a $24.25 price objective for the company. BMO Capital Markets reaffirmed a “market perform” rating and issued a $17.50 price objective (up previously from $17.00) on shares of Potash Corporation of Saskatchewan in a research report on Friday, October 6th. Royal Bank Of Canada lifted their price objective on Potash Corporation of Saskatchewan from $19.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, September 15th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $20.50 price objective on shares of Potash Corporation of Saskatchewan in a research report on Thursday, September 14th. Two analysts have rated the stock with a sell rating, six have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $19.16.

ILLEGAL ACTIVITY NOTICE: This piece was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://ledgergazette.com/2017/10/17/dynamic-technology-lab-private-ltd-buys-43138-shares-of-potash-corporation-of-saskatchewan-inc-pot.html.

Shares of Potash Corporation of Saskatchewan Inc. (POT) traded down 1.85% on Tuesday, reaching $19.05. The company had a trading volume of 806,898 shares. Potash Corporation of Saskatchewan Inc. has a 52-week low of $15.72 and a 52-week high of $20.27. The stock has a market capitalization of $16.00 billion, a PE ratio of 33.54 and a beta of 0.48. The company has a 50 day moving average price of $18.60 and a 200 day moving average price of $17.33.

Potash Corporation of Saskatchewan (NYSE:POT) (TSE:POT) last posted its quarterly earnings results on Thursday, July 27th. The fertilizer maker reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.01). Potash Corporation of Saskatchewan had a return on equity of 5.19% and a net margin of 11.07%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $982.05 million. During the same period last year, the company posted $0.18 earnings per share. The company’s revenue was up 6.4% compared to the same quarter last year. On average, equities research analysts anticipate that Potash Corporation of Saskatchewan Inc. will post $0.63 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Friday, September 29th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, September 28th. Potash Corporation of Saskatchewan’s dividend payout ratio (DPR) is presently 67.80%.

About Potash Corporation of Saskatchewan

Potash Corporation of Saskatchewan Inc (PCS) is a fertilizer producer producing a range of primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. As of December 31, 2016, it owned and operated five potash operations in Saskatchewan and owned one in New Brunswick.

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

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