The Mosaic Company (NYSE:MOS) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers lifted its holdings in The Mosaic Company (NYSE:MOS) by 17.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,375 shares of the basic materials company’s stock after purchasing an additional 3,511 shares during the period. Cetera Investment Advisers’ holdings in Mosaic were worth $631,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Mosaic in the fourth quarter worth approximately $3,599,000. Sterling Capital Management LLC grew its stake in shares of Mosaic by 56.7% during the 4th quarter. Sterling Capital Management LLC now owns 19,115 shares of the basic materials company’s stock worth $470,000 after purchasing an additional 6,919 shares during the period. Mariner LLC grew its stake in shares of Mosaic by 12.9% during the 4th quarter. Mariner LLC now owns 52,757 shares of the basic materials company’s stock worth $1,297,000 after purchasing an additional 6,027 shares during the period. CreativeOne Wealth LLC acquired a new stake in Mosaic in the 4th quarter valued at about $206,000. Finally, Guggenheim Capital LLC grew its stake in Mosaic by 29.4% in the 4th quarter. Guggenheim Capital LLC now owns 44,019 shares of the basic materials company’s stock valued at $1,082,000 after acquiring an additional 10,013 shares during the last quarter. Institutional investors and hedge funds own 77.54% of the company’s stock.

Insider Activity at Mosaic

In related news, SVP Walter F. Precourt III sold 18,000 shares of the business’s stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $35.73, for a total value of $643,140.00. Following the completion of the sale, the senior vice president directly owned 128,546 shares in the company, valued at approximately $4,592,948.58. The trade was a 12.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Mosaic from $35.00 to $37.00 and gave the company an “overweight” rating in a report on Monday, August 11th. Scotiabank lowered their price objective on shares of Mosaic from $42.00 to $39.00 and set a “sector outperform” rating for the company in a research report on Monday, August 11th. Wells Fargo & Company decreased their price target on shares of Mosaic from $38.00 to $34.00 and set an “equal weight” rating for the company in a research report on Thursday, August 7th. Royal Bank Of Canada restated an “outperform” rating on shares of Mosaic in a research note on Monday, July 14th. Finally, CIBC raised their target price on Mosaic from $32.00 to $33.00 and gave the company a “neutral” rating in a research note on Friday, May 9th. Five investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $36.42.

Mosaic Price Performance

NYSE:MOS opened at $32.47 on Friday. The business’s 50-day moving average price is $35.43 and its 200 day moving average price is $31.01. The firm has a market cap of $10.30 billion, a P/E ratio of 11.01, a PEG ratio of 1.49 and a beta of 1.12. The Mosaic Company has a 52-week low of $22.36 and a 52-week high of $38.23. The company has a quick ratio of 0.44, a current ratio of 1.14 and a debt-to-equity ratio of 0.26.

Mosaic (NYSE:MOS) last released its earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.20). The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3.11 billion. Mosaic had a net margin of 8.35% and a return on equity of 4.74%. The company’s revenue was up 6.7% compared to the same quarter last year. During the same period last year, the firm earned $0.54 EPS. As a group, sell-side analysts predict that The Mosaic Company will post 2.04 earnings per share for the current fiscal year.

Mosaic Company Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.