Tyrus Capital S.a.m. buys $5,283,000 stake in Potash Corporation of Saskatchewan (USA) (POT)

Potash Corporation of Saskatchewan (USA) (POT) : Tyrus Capital S.a.m. scooped up 270,000 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 Nov 14, 2016. The investment management firm now holds a total of 300,000 shares of Potash Corporation of Saskatchewan (USA) which is valued at $5,283,000.Potash Corporation of Saskatchewan (USA) makes up approximately 1.62% of Tyrus Capital S.a.m.’s portfolio.

Other Hedge Funds, Including , Harvest Capital Strategies added POT to its portfolio by purchasing 150,000 company shares during the most recent quarter which is valued at $2,641,500. Potash Corporation of Saskatchewan (USA) makes up approx 0.47% of Harvest Capital Strategies’s portfolio.Traynor Capital Management reduced its stake in POT by selling 2,121 shares or 16.61% in the most recent quarter. The Hedge Fund company now holds 10,645 shares of POT which is valued at $187,671. Potash Corporation of Saskatchewan (USA) makes up approx 0.13% of Traynor Capital Management’s portfolio.Gilman Hill Asset Management reduced its stake in POT by selling 247,410 shares or 92.52% in the most recent quarter. The Hedge Fund company now holds 20,010 shares of POT which is valued at $333,167. Potash Corporation of Saskatchewan (USA) makes up approx 0.13% of Gilman Hill Asset Management’s portfolio. Beech Hill Advisors sold out all of its stake in POT during the most recent quarter. The investment firm sold 11,475 shares of POT which is valued $186,010.

Potash Corporation of Saskatchewan (USA) opened for trading at $17.64 and hit $17.84 on the upside on Monday, eventually ending the session at $17.82, with a gain of 0.45% or 0.08 points. The heightened volatility saw the trading volume jump to 50,08,733 shares. Company has a market cap of $14,962 M.

On the company’s financial health, Potash Corporation of Saskatchewan (USA) reported $0.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Oct 27, 2016. Analyst had a consensus of $0.08. The company had revenue of $1136.00 million for the quarter, compared to analysts expectations of $979.12 million. The company’s revenue was down -25.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.34 EPS.

Investors should note that on Nov 16, 2016, Potash Corporation of Saskatchewan (USA) announced a cash dividend of $0.1000. The company’s management has announced Jan 10, 2017 as the ex-dividend date and fixed the record date on Jan 12, 2017. The payable date has been fixed on Feb 2, 2017.

Many Wall Street Analysts have commented on Potash Corporation of Saskatchewan (USA). Potash Corporation of Saskatchewan (USA) was Upgraded by Susquehanna to ” Positive” on Sep 26, 2016. Stifel Upgraded Potash Corporation of Saskatchewan (USA) on Sep 14, 2016 to ” Buy”, Price Target of the shares are set at $20.Potash Corporation of Saskatchewan (USA) was Downgraded by CLSA to ” Outperform” on Sep 13, 2016.

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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