Mosaic Company (The) (NYSE:MOS) was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued to investors on Friday.

MOS has been the subject of several other research reports. Stifel Nicolaus restated a “hold” rating and issued a $24.00 target price (down previously from $27.00) on shares of Mosaic Company (The) in a research report on Tuesday. Zacks Investment Research cut shares of Mosaic Company (The) from a “hold” rating to a “sell” rating in a research report on Monday. BMO Capital Markets set a $26.00 target price on shares of Mosaic Company (The) and gave the stock a “hold” rating in a research report on Saturday, May 6th. Royal Bank Of Canada decreased their target price on shares of Mosaic Company (The) from $25.00 to $23.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 2nd. Finally, Citigroup Inc. decreased their target price on shares of Mosaic Company (The) from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Wednesday, July 12th. Seven equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $25.36.

Shares of Mosaic Company (NYSE:MOS) traded down 0.87% during trading on Friday, hitting $20.43. The company’s stock had a trading volume of 854,238 shares. Mosaic Company has a 52 week low of $20.39 and a 52 week high of $34.36. The firm’s 50 day moving average price is $23.15 and its 200-day moving average price is $26.51. The company has a market cap of $7.17 billion, a PE ratio of 48.64 and a beta of 1.24.

Mosaic Company (The) (NYSE:MOS) last posted its earnings results on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a net margin of 2.07% and a return on equity of 3.31%. The firm had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the prior year, the firm earned $0.06 EPS. Mosaic Company (The)’s quarterly revenue was up 4.7% on a year-over-year basis. On average, analysts predict that Mosaic Company will post $1.07 earnings per share for the current year.

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In related news, Director Nancy E. Cooper sold 1,100 shares of the stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $23.39, for a total transaction of $25,729.00. Following the completion of the sale, the director now directly owns 8,260 shares of the company’s stock, valued at $193,201.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.38% of the stock is owned by corporate insiders.

Several large investors have recently modified their holdings of MOS. BlackRock Inc. increased its stake in shares of Mosaic Company (The) by 2,930.1% in the first quarter. BlackRock Inc. now owns 24,977,023 shares of the basic materials company’s stock valued at $728,828,000 after buying an additional 24,152,726 shares during the period. FMR LLC increased its stake in shares of Mosaic Company (The) by 171.9% in the first quarter. FMR LLC now owns 5,108,486 shares of the basic materials company’s stock valued at $149,066,000 after buying an additional 3,229,860 shares during the period. NN Investment Partners Holdings N.V. increased its stake in shares of Mosaic Company (The) by 146.0% in the second quarter. NN Investment Partners Holdings N.V. now owns 2,547,323 shares of the basic materials company’s stock valued at $58,156,000 after buying an additional 1,511,638 shares during the period. BlueMountain Capital Management LLC increased its stake in shares of Mosaic Company (The) by 105.6% in the second quarter. BlueMountain Capital Management LLC now owns 66,928 shares of the basic materials company’s stock valued at $1,528,000 after buying an additional 1,265,856 shares during the period. Finally, MARSHALL WACE ASIA Ltd purchased a new stake in shares of Mosaic Company (The) during the first quarter valued at approximately $36,300,000. Institutional investors and hedge funds own 82.40% of the company’s stock.

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.

Analyst Recommendations for Mosaic Company (The) (NYSE:MOS)

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