Mosaic Co. (NYSE:MOS) shot up 3.1% on Tuesday . The company traded as high as $29.32 and last traded at $29.27, with a volume of 3,101,148 shares trading hands. The stock had previously closed at $28.39.

A number of equities research analysts have recently issued reports on the stock. BMO Capital Markets reissued a “hold” rating and set a $23.00 price objective on shares of Mosaic in a research report on Wednesday, August 3rd. Credit Suisse Group AG downgraded shares of Mosaic from a “neutral” rating to an “underperform” rating and cut their price objective for the company from $26.26 to $21.00 in a research report on Tuesday, August 2nd. Susquehanna downgraded shares of Mosaic from a “positive” rating to a “neutral” rating and cut their price objective for the company from $30.00 to $28.00 in a research report on Wednesday, August 17th. Citigroup Inc. cut their price objective on shares of Mosaic from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, July 7th. Finally, Royal Bank Of Canada downgraded shares of Mosaic from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from $28.00 to $27.00 in a research report on Wednesday, July 13th. Nine research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the company. Mosaic currently has an average rating of “Hold” and an average price target of €29.08 ($33.04).

The firm has a 50 day moving average price of $27.75 and a 200-day moving average price of $27.00. The stock has a market cap of $9.96 billion and a P/E ratio of 17.92.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by $0.06. The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the firm earned $1.05 earnings per share. The business’s quarterly revenue was down 32.7% compared to the same quarter last year. On average, equities research analysts predict that Mosaic Co. will post $0.51 earnings per share for the current fiscal year.

In other Mosaic news, VP Anthony T. Brausen sold 19,716 shares of Mosaic stock in a transaction on Thursday, June 2nd. The shares were sold at an average price of €25.72 ($29.23), for a total value of €507,095.52 ($576,244.91). Following the completion of the transaction, the vice president now owns 46,607 shares of the company’s stock, valued at €1,198,732.04 ($1,362,195.50). The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Several hedge funds recently made changes to their positions in MOS. Mutual of America Capital Management LLC raised its stake 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 during the period. Airain ltd bought a new stake in shares of Mosaic during the fourth quarter valued at about $1,064,000. Trexquant Investment LP bought a new stake in shares of Mosaic during the fourth quarter valued at about $1,090,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Mosaic during the fourth quarter valued at about $1,824,000. Finally, Wells Fargo & Company MN raised its stake in shares of Mosaic by 0.7% in the fourth quarter. Wells Fargo & Company MN now owns 503,113 shares of the company’s stock valued at $13,880,000 after buying an additional 3,313 shares during the period.

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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