Insight 2811 Lowers stake in Potash Corporation of Saskatchewan (USA) (POT)

Potash Corporation of Saskatchewan (USA) (POT) : Insight 2811 reduced its stake in Potash Corporation of Saskatchewan (USA) by 0.66% during the most recent quarter end. The investment management company now holds a total of 118,670 shares of Potash Corporation of Saskatchewan (USA) which is valued at $1,923,641 after selling 790 shares in Potash Corporation of Saskatchewan (USA) , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Potash Corporation of Saskatchewan (USA) makes up approximately 0.75% of Insight 2811’s portfolio.

Other Hedge Funds, Including , Guardian Capital Lp added POT to its portfolio by purchasing 18,000 company shares during the most recent quarter which is valued at $291,780.Quadrant Capital Group boosted its stake in POT in the latest quarter, The investment management firm added 35 additional shares and now holds a total of 917 shares of Potash Corporation of Saskatchewan (USA) which is valued at $14,305. Potash Corporation of Saskatchewan (USA) makes up approx 0.01% of Quadrant Capital Group’s portfolio.Gilman Hill Asset Management boosted its stake in POT in the latest quarter, The investment management firm added 7,404 additional shares and now holds a total of 267,420 shares of Potash Corporation of Saskatchewan (USA) which is valued at $4,538,117. Potash Corporation of Saskatchewan (USA) makes up approx 1.80% of Gilman Hill Asset Management’s portfolio.

Potash Corporation of Saskatchewan (USA) opened for trading at $16.04 and hit $16.22 on the upside on Monday, eventually ending the session at $16.05, with a gain of 0.06% or 0.01 points. The heightened volatility saw the trading volume jump to 47,27,069 shares. Company has a market cap of $13,473 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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