Matterhorn Capital Management adds Potash Corporation of Saskatchewan (USA) (POT) to its portfolio

Potash Corporation of Saskatchewan (USA) (POT) : Matterhorn Capital Management added new position in Potash Corporation of Saskatchewan (USA) during the most recent quarter end. The investment management firm now holds 47,215 shares of Potash Corporation of Saskatchewan (USA) which is valued at $746,469 , the company said in a statement filed on Aug 2, 2016 with the SEC.Potash Corporation of Saskatchewan (USA) makes up approximately 0.46% of Matterhorn Capital Management’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.Lingohr Partner Asset Management Gmbh reduced its stake in POT by selling 114,600 shares or 58.08% in the most recent quarter. The Hedge Fund company now holds 82,713 shares of POT which is valued at $1,403,640. Potash Corporation of Saskatchewan (USA) makes up approx 1.35% of Lingohr Partner Asset Management Gmbh’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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