Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) was the target of some unusual options trading activity on Wednesday. Investors bought 3,128 put options on the company. This is an increase of 801% compared to the typical volume of 347 put options.

Potash Co. of Saskatchewan (NYSE:POT) opened at $19.65 on Friday. The firm has a market cap of $16,509.22, a P/E ratio of 39.30, a price-to-earnings-growth ratio of 4.80 and a beta of 0.45. Potash Co. of Saskatchewan has a 12-month low of $15.74 and a 12-month high of $20.26. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.99 and a quick ratio of 0.50.

Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) last posted its quarterly earnings results on Thursday, October 26th. The fertilizer maker reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.03). The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.03 billion. Potash Co. of Saskatchewan had a return on equity of 5.01% and a net margin of 10.21%. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.10 earnings per share. sell-side analysts anticipate that Potash Co. of Saskatchewan will post 0.63 EPS for the current year.

A number of brokerages have commented on POT. UBS upped 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 report on Friday, October 27th. BMO Capital Markets reaffirmed a “hold” rating on shares of Potash Co. of Saskatchewan in a report on Sunday, August 13th. Stifel Nicolaus reaffirmed a “buy” rating and set a $20.50 target price on shares of Potash Co. of Saskatchewan in a report on Thursday, September 14th. TD Securities raised shares of Potash Co. of Saskatchewan from a “hold” rating to a “buy” rating and upped their target price for the company from $17.50 to $24.00 in a report on Thursday, September 28th. Finally, Zacks Investment Research cut shares of Potash Co. of Saskatchewan from a “hold” rating to a “strong sell” rating in a report on Monday, October 23rd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Potash Co. of Saskatchewan presently has an average rating of “Buy” and an average price target of $20.02.

Several institutional investors and hedge funds have recently bought and sold shares of POT. San Francisco Sentry Investment Group CA bought a new position in shares of Potash Co. of Saskatchewan in the second quarter worth approximately $104,000. Patriot Financial Group Insurance Agency LLC boosted its position in shares of Potash Co. of Saskatchewan by 5,642.7% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 7,523 shares of the fertilizer maker’s stock worth $143,000 after acquiring an additional 7,392 shares during the last quarter. Valeo Financial Advisors LLC bought a new position in shares of Potash Co. of Saskatchewan during the third quarter worth $150,000. Bessemer Group Inc. boosted its position in shares of Potash Co. 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 acquiring an additional 5,530 shares during the last quarter. Finally, Cetera Investment Advisers bought a new position in shares of Potash Co. of Saskatchewan during the second quarter worth $174,000. Institutional investors and hedge funds own 59.83% of the company’s stock.

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About Potash Co. 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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