TIAA CREF Investment Management LLC decreased its position in Mosaic Company (The) (NYSE:MOS) by 4.1% during the first quarter, Holdings Channel reports. The institutional investor owned 740,183 shares of the basic materials company’s stock after selling 31,418 shares during the period. TIAA CREF Investment Management LLC’s holdings in Mosaic Company (The) were worth $21,599,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. FMR LLC increased its position in Mosaic Company (The) by 73.3% in the fourth quarter. FMR LLC now owns 1,878,626 shares of the basic materials company’s stock worth $55,101,000 after buying an additional 794,368 shares in the last quarter. Teachers Advisors LLC increased its position in shares of Mosaic Company (The) by 6.5% in the fourth quarter. Teachers Advisors LLC now owns 494,581 shares of the basic materials company’s stock worth $14,506,000 after buying an additional 30,286 shares in the last quarter. Auxier Asset Management increased its position in shares of Mosaic Company (The) by 8.6% in the fourth quarter. Auxier Asset Management now owns 84,431 shares of the basic materials company’s stock worth $2,476,000 after buying an additional 6,701 shares in the last quarter. Federated Investors Inc. PA increased its position in shares of Mosaic Company (The) by 2,361.3% in the fourth quarter. Federated Investors Inc. PA now owns 9,279 shares of the basic materials company’s stock worth $272,000 after buying an additional 8,902 shares in the last quarter. Finally, Vident Investment Advisory LLC increased its position in shares of Mosaic Company (The) by 415.2% in the first quarter. Vident Investment Advisory LLC now owns 67,094 shares of the basic materials company’s stock worth $1,958,000 after buying an additional 54,071 shares in the last quarter. 83.32% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Mosaic Company (The) (NYSE:MOS)

Mosaic Company (NYSE MOS) traded down 2.1404% during mid-day trading on Tuesday, hitting $22.3707. 831,906 shares of the company’s stock were exchanged. The stock has a market capitalization of $7.85 billion, a P/E ratio of 194.5278 and a beta of 1.31. The firm has a 50 day moving average of $23.24 and a 200 day moving average of $28.28. Mosaic Company has a 52 week low of $22.15 and a 52 week high of $34.36.

Mosaic Company (The) (NYSE:MOS) last issued its quarterly earnings data on Tuesday, May 2nd. The basic materials company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by $0.15. Mosaic Company (The) had a return on equity of 2.48% and a net margin of 0.57%. The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same period in the prior year, the company earned $0.14 EPS. The firm’s revenue was down 5.7% compared to the same quarter last year. Equities analysts forecast that Mosaic Company will post $1.07 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Thursday, June 1st were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend was Tuesday, May 30th. Mosaic Company (The)’s dividend payout ratio is currently 545.50%.

COPYRIGHT VIOLATION WARNING: This news story was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of international copyright laws. The legal version of this news story can be read at https://www.dailypolitical.com/2017/06/20/mosaic-company-the-mos-shares-sold-by-tiaa-cref-investment-management-llc.html.

A number of equities analysts have recently commented on the stock. Citigroup Inc. cut their target price on shares of Mosaic Company (The) from $34.00 to $31.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 11th. BMO Capital Markets set a $26.00 price target on shares of Mosaic Company (The) and gave the stock a “hold” rating in a research note on Saturday, May 6th. Credit Suisse Group reaffirmed a “sell” rating and set a $19.00 price target on shares of Mosaic Company (The) in a research note on Monday, May 15th. BidaskClub raised shares of Mosaic Company (The) from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th. Finally, Royal Bank Of Canada dropped their price target on shares of Mosaic Company (The) from $31.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Tuesday, April 18th. Seven analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $25.65.

In other Mosaic Company (The) news, Director Nancy E. Cooper sold 1,100 shares of the company’s stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of $23.39, for a total transaction of $25,729.00. Following the transaction, the director now directly owns 8,260 shares in the company, valued at approximately $193,201.40. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Richard L. Mack bought 7,500 shares of the business’s stock in a transaction on Thursday, May 4th. The shares were acquired at an average price of $23.35 per share, for a total transaction of $175,125.00. Following the completion of the transaction, the chief financial officer now owns 136,101 shares in the company, valued at approximately $3,177,958.35. The disclosure for this purchase can be found here. 0.38% of the stock is owned by corporate 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.

Want to see what other hedge funds are holding MOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mosaic Company (The) (NYSE:MOS).

Receive News & Ratings for Mosaic Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mosaic Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.