Mosaic Co. (MOS) Stock Price Up 4.6%
Mosaic Co. (NYSE:MOS) rose 4.6% during mid-day trading on Monday . The stock traded as high as $28.50 and last traded at $28.44, with a volume of 4,339,732 shares traded. The stock had previously closed at $27.18.
MOS has been the subject of several recent analyst reports. Vetr upgraded Mosaic from a “buy” rating to a “strong-buy” rating and set a $29.16 price target for the company in a report on Monday, May 9th. Barclays PLC cut Mosaic from an “equal weight” rating to an “underweight” rating and set a $22.00 price objective for the company. in a research report on Tuesday, April 19th. HSBC cut Mosaic from a “hold” rating to a “reduce” rating and set a $22.00 price objective for the company. in a research report on Monday, May 23rd. Royal Bank Of Canada reduced their price objective on Mosaic from $30.00 to $29.00 and set an “outperform” rating for the company in a research report on Tuesday, April 26th. Finally, Vertical Group cut Mosaic from a “buy” rating to a “hold” rating in a research report on Saturday, April 23rd. Nine investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the company. Mosaic has an average rating of “Hold” and a consensus price target of €29.18 ($32.79).
The company has a market cap of $9.96 billion and a PE ratio of 17.91. The company has a 50-day moving average price of $27.27 and a 200-day moving average price of $26.80.
Mosaic (NYSE:MOS) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by $0.06. The business earned $1.70 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the company earned $1.05 earnings per share. The business’s quarterly revenue was down 32.7% on a year-over-year basis. Equities research analysts forecast that Mosaic Co. will post $0.48 earnings per share for the current year.
In other news, VP Anthony T. Brausen sold 19,716 shares of the business’s stock in a transaction that occurred on Thursday, June 2nd. The stock was sold at an average price of €25.72 ($28.90), for a total value of €507,095.52 ($569,770.25). Following the transaction, the vice president now owns 46,607 shares in the company, valued at approximately €1,198,732.04 ($1,346,889.93). The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Several institutional investors have made changes to their positions in the company. Flippin Bruce & Porter Inc. increased 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 worth $1,014,000 after buying an additional 3,745 shares during the last quarter. Mutual of America Capital Management LLC increased 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 worth $1,057,000 after buying an additional 1,093 shares during the last quarter. Airain ltd acquired a new position in shares of Mosaic during the fourth quarter worth $1,064,000. Trexquant Investment LP acquired a new position in shares of Mosaic during the fourth quarter worth $1,090,000. Finally, Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its position in shares of Mosaic by 2.2% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 42,617 shares of the company’s stock worth $1,176,000 after buying an additional 916 shares during 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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