B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund reduced its stake in Mosaic Company (The) (NYSE:MOS) by 7.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,522 shares of the basic materials company’s stock after selling 2,641 shares during the period. B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund’s holdings in Mosaic Company (The) were worth $949,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of MOS. Turner Investments LLC bought a new stake in shares of Mosaic Company (The) during the first quarter worth $158,000. Ibex Wealth Advisors bought a new stake in shares of Mosaic Company (The) during the fourth quarter worth $174,000. Bronfman E.L. Rothschild L.P. raised its stake in shares of Mosaic Company (The) by 878.3% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 6,007 shares of the basic materials company’s stock worth $175,000 after buying an additional 5,393 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Mosaic Company (The) by 3.6% in the first quarter. Pacer Advisors Inc. now owns 6,779 shares of the basic materials company’s stock worth $198,000 after buying an additional 234 shares during the last quarter. Finally, Putnam Investments LLC acquired a new position in shares of Mosaic Company (The) during the fourth quarter worth about $205,000. 81.61% of the stock is owned by institutional investors.
Mosaic Company (NYSE:MOS) traded down 0.25% during midday trading on Friday, reaching $24.37. 2,922,021 shares of the company traded hands. Mosaic Company has a 12-month low of $21.78 and a 12-month high of $34.36. The company has a 50 day moving average of $23.06 and a 200-day moving average of $27.30. The stock has a market capitalization of $8.55 billion, a P/E ratio of 211.91 and a beta of 1.23.
Mosaic Company (The) (NYSE:MOS) last posted its earnings results on Tuesday, May 2nd. The basic materials company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.15. The business had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.68 billion. Mosaic Company (The) had a return on equity of 2.48% and a net margin of 0.57%. Mosaic Company (The)’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.14 EPS. Equities analysts anticipate that Mosaic Company will post $1.07 EPS for the current fiscal year.
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A number of equities analysts have issued reports on MOS shares. BMO Capital Markets set a $26.00 price objective on shares of Mosaic Company (The) and gave the company a “hold” rating in a research note on Saturday, May 6th. Royal Bank Of Canada set a $26.00 price objective on shares of Mosaic Company (The) and gave the company a “hold” rating in a research note on Saturday, June 10th. Zacks Investment Research cut shares of Mosaic Company (The) from a “buy” rating to a “hold” rating in a research note on Thursday, April 20th. BidaskClub raised shares of Mosaic Company (The) from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $27.00 price objective on shares of Mosaic Company (The) in a research note on Friday, July 14th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $25.71.
In other news, Director Nancy E. Cooper sold 1,100 shares of the firm’s stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $23.39, for a total value of $25,729.00. Following the completion of the transaction, the director now directly owns 8,260 shares in the company, valued at $193,201.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Richard L. Mack acquired 7,500 shares of the business’s stock in a transaction dated Thursday, May 4th. The stock was purchased at an average price of $23.35 per share, with a total value of $175,125.00. Following the completion of the transaction, the chief financial officer now directly owns 136,101 shares of the company’s stock, valued at approximately $3,177,958.35. The disclosure for this purchase can be found here. 0.38% of the stock is owned by company insiders.
About Mosaic Company (The)
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.
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