Potash Co. of Saskatchewan (POT) Shares Bought by Virtu Financial LLC

Virtu Financial LLC boosted its position in Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) by 59.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 87,518 shares of the fertilizer maker’s stock after acquiring an additional 32,466 shares during the quarter. Virtu Financial LLC’s holdings in Potash Co. of Saskatchewan were worth $1,807,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of POT. State Street Corp grew its stake in Potash Co. of Saskatchewan by 13.5% in the 2nd quarter. State Street Corp now owns 1,296,320 shares of the fertilizer maker’s stock valued at $21,131,000 after buying an additional 153,730 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in Potash Co. of Saskatchewan by 19.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 78,428 shares of the fertilizer maker’s stock valued at $1,278,000 after buying an additional 12,893 shares during the last quarter. Cetera Investment Advisers acquired a new position in Potash Co. of Saskatchewan in the 2nd quarter valued at $174,000. Assenagon Asset Management S.A. acquired a new position in Potash Co. of Saskatchewan in the 3rd quarter valued at $599,000. Finally, APG Asset Management N.V. grew its stake in Potash Co. of Saskatchewan by 1.5% in the 3rd quarter. APG Asset Management N.V. now owns 1,281,272 shares of the fertilizer maker’s stock valued at $24,608,000 after buying an additional 18,700 shares during the last quarter. Institutional investors and hedge funds own 59.60% of the company’s stock.

Shares of Potash Co. of Saskatchewan (NYSE POT) opened at $20.65 on Tuesday. The company has a quick ratio of 0.50, a current ratio of 0.99 and a debt-to-equity ratio of 0.44. The stock has a market cap of $17,350.00, a price-to-earnings ratio of 38.96, a price-to-earnings-growth ratio of 5.10 and a beta of 0.46. Potash Co. of Saskatchewan has a 12-month low of $15.74 and a 12-month high of $21.04.

The business also recently declared a quarterly dividend, which was paid on Thursday, February 1st. Shareholders of record on Friday, December 29th were given a $0.10 dividend. The ex-dividend date was Thursday, December 28th. This represents a $0.40 annualized dividend and a yield of 1.94%. Potash Co. of Saskatchewan’s dividend payout ratio is 75.47%.

A number of research firms recently issued reports on POT. UBS Group raised their target price on shares of Potash Co. of Saskatchewan from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Stephens started coverage on shares of Potash Co. of Saskatchewan in a research note on Monday, December 4th. They issued an “overweight” rating and a $23.00 target price on the stock. Finally, Zacks Investment Research lowered shares of Potash Co. of Saskatchewan from a “hold” rating to a “strong sell” rating in a research report on Monday, October 23rd. One analyst has rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Potash Co. of Saskatchewan presently has an average rating of “Buy” and an average target price of $20.44.

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Potash Co. of Saskatchewan Company Profile

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 Co. of Saskatchewan (NYSE:POT)

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