Robeco Institutional Asset Management B.V. reduced its stake in Mosaic Company (The) (NYSE:MOS) by 1.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 240,954 shares of the basic materials company’s stock after selling 3,322 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.07% of Mosaic Company (The) worth $5,203,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of MOS. NN Investment Partners Holdings N.V. lifted its holdings in Mosaic Company (The) by 146.0% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 2,547,323 shares of the basic materials company’s stock worth $58,156,000 after purchasing an additional 1,511,638 shares during the last quarter. BlueMountain Capital Management LLC lifted its holdings in Mosaic Company (The) by 105.6% in the 2nd quarter. BlueMountain Capital Management LLC now owns 66,928 shares of the basic materials company’s stock worth $1,528,000 after purchasing an additional 1,265,856 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in Mosaic Company (The) in the 2nd quarter worth approximately $27,850,000. Assenagon Asset Management S.A. acquired a new stake in Mosaic Company (The) in the 3rd quarter worth approximately $22,326,000. Finally, Vanguard Group Inc. lifted its holdings in Mosaic Company (The) by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 36,254,086 shares of the basic materials company’s stock worth $827,681,000 after purchasing an additional 793,205 shares during the last quarter. Hedge funds and other institutional investors own 77.23% of the company’s stock.
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Shares of Mosaic Company (NYSE MOS) opened at 20.94 on Monday. Mosaic Company has a 52-week low of $19.23 and a 52-week high of $34.36. The stock’s 50 day moving average price is $21.10 and its 200-day moving average price is $22.60. The company has a market capitalization of $7.35 billion, a PE ratio of 49.86 and a beta of 1.29.
Mosaic Company (The) (NYSE:MOS) last released its quarterly earnings results on Tuesday, August 1st. The basic materials company reported $0.29 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.04. The business had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period last year, the firm posted $0.06 EPS. On average, analysts expect that Mosaic Company will post $0.71 earnings per share for the current year.
In other news, Director Robert L. Lumpkins purchased 7,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was acquired at an average cost of $19.94 per share, with a total value of $139,580.00. Following the acquisition, the director now owns 9,339 shares in the company, valued at approximately $186,219.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.38% of the company’s stock.
Several research firms recently weighed in on MOS. Royal Bank Of Canada restated a “hold” rating on shares of Mosaic Company (The) in a report on Wednesday, October 18th. Zacks Investment Research lowered Mosaic Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Stifel Nicolaus restated a “hold” rating and issued a $24.00 target price on shares of Mosaic Company (The) in a report on Thursday, October 12th. HSBC Holdings plc began coverage on Mosaic Company (The) in a report on Wednesday, October 11th. They issued a “buy” rating and a $24.80 target price for the company. Finally, Piper Jaffray Companies set a $23.00 target price on Mosaic Company (The) and gave the stock a “hold” rating in a report on Friday, October 6th. Six research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company. Mosaic Company (The) currently has an average rating of “Hold” and an average target price of $24.41.
Mosaic Company (The) Profile
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.
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