Mosaic Co. (NYSE:MOS) dropped 2.7% on Thursday . The company traded as low as $25.98 and last traded at $26.57, with a volume of 4,182,862 shares changing hands. The stock had previously closed at $27.30.

A number of research analysts have commented on MOS shares. HSBC downgraded shares of Mosaic from a “buy” rating to a “hold” rating and cut their target price for the company from $35.00 to $26.50 in a research report on Monday, April 11th. Cowen and Company downgraded shares of Mosaic from a “market perform” rating to an “underperform” rating and set a $23.00 target price on the stock. in a research report on Thursday, April 14th. Scotiabank downgraded shares of Mosaic from an “outperform” rating to a “sector perform” rating in a research report on Thursday, April 14th. Barclays PLC downgraded shares of Mosaic from an “equal weight” rating to an “underweight” rating and set a $22.00 target price on the stock. in a research report on Tuesday, April 19th. Finally, Vetr downgraded shares of Mosaic from a “strong-buy” rating to a “hold” rating and set a $29.16 target price on the stock. in a research report on Tuesday, April 19th. Nine analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of €29.18 ($32.43).

The stock has a market capitalization of $9.25 billion and a PE ratio of 16.66. The stock’s 50-day moving average is $27.07 and its 200-day moving average is $26.56.

Mosaic (NYSE:MOS) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported $0.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by $0.06. During the same quarter in the prior year, the company earned $1.05 EPS. The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.81 billion. The firm’s revenue was down 32.7% compared to the same quarter last year. On average, equities analysts anticipate that Mosaic Co. will post $0.64 earnings per share for the current year.

In other Mosaic news, VP Anthony T. Brausen sold 19,716 shares of the stock in a transaction that occurred on Thursday, June 2nd. The shares were sold at an average price of €25.72 ($28.58), for a total value of €507,095.52 ($563,439.47). Following the transaction, the vice president now directly owns 46,607 shares in the company, valued at €1,198,732.04 ($1,331,924.49). The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Richard L. Mack sold 36,629 shares of the stock in a transaction that occurred on Friday, May 13th. The shares were sold at an average price of €25.43 ($28.26), for a total transaction of €931,475.47 ($1,034,972.74). Following the completion of the transaction, the chief financial officer now owns 94,524 shares in the company, valued at €2,403,745.32 ($2,670,828.13). The disclosure for this sale can be found here.

Other institutional investors recently made changes to their positions in the company. Flippin Bruce & Porter Inc. raised its position in shares of Mosaic by 11.3% in the fourth quarter. Flippin Bruce & Porter Inc. now owns 36,752 shares of the company’s stock valued at $1,014,000 after buying an additional 3,745 shares in the last quarter. Mutual of America Capital Management LLC raised its position in shares of Mosaic by 2.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 38,293 shares of the company’s stock valued at $1,057,000 after buying an additional 1,093 shares in the last quarter. Airain ltd bought a new position in shares of Mosaic during the fourth quarter valued at approximately $1,064,000. Trexquant Investment LP bought a new position in shares of Mosaic during the fourth quarter valued at approximately $1,090,000. Finally, Deere & Co. raised its position in shares of Mosaic by 39.4% in the fourth quarter. Deere & Co. now owns 39,505 shares of the company’s stock valued at $1,090,000 after buying an additional 11,160 shares in the last quarter.

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company’s segments include Phosphates, Potash and International Distribution. Its Phosphates Segment sells phosphate-based crop nutrients and animal feed ingredients throughout North America and internationally.

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