Bradley Foster & Sargent Inc. CT reduced its holdings in shares of Mosaic Co (NYSE:MOS) by 4.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 145,665 shares of the basic materials company’s stock after selling 6,535 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Mosaic were worth $3,978,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc increased its stake in Mosaic by 1.5% during the 3rd quarter. Vanguard Group Inc now owns 37,330,375 shares of the basic materials company’s stock worth $1,212,490,000 after buying an additional 541,783 shares during the period. BlackRock Inc. increased its stake in Mosaic by 3.2% during the 4th quarter. BlackRock Inc. now owns 25,829,156 shares of the basic materials company’s stock worth $754,470,000 after buying an additional 804,263 shares during the period. FMR LLC increased its stake in Mosaic by 23.0% during the 4th quarter. FMR LLC now owns 17,982,539 shares of the basic materials company’s stock worth $525,270,000 after buying an additional 3,363,282 shares during the period. Boston Partners increased its stake in Mosaic by 51.1% during the 4th quarter. Boston Partners now owns 14,243,641 shares of the basic materials company’s stock worth $416,057,000 after buying an additional 4,814,199 shares during the period. Finally, Northern Trust Corp grew its holdings in Mosaic by 3.6% during the 4th quarter. Northern Trust Corp now owns 6,656,534 shares of the basic materials company’s stock worth $194,438,000 after acquiring an additional 233,794 shares in the last quarter. 78.13% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Mosaic stock opened at $25.27 on Tuesday. Mosaic Co has a 12-month low of $24.77 and a 12-month high of $37.37. The company has a quick ratio of 0.79, a current ratio of 1.71 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $9.88 billion, a PE ratio of 11.92, a P/E/G ratio of 1.69 and a beta of 1.42.
Mosaic (NYSE:MOS) last issued its earnings results on Monday, May 6th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. Mosaic had a net margin of 4.90% and a return on equity of 7.71%. The business had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the prior year, the business posted $0.20 EPS. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. As a group, research analysts expect that Mosaic Co will post 2.17 earnings per share for the current year.
Several research analysts have commented on the stock. Citigroup cut shares of Mosaic from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $38.00 to $27.50 in a report on Friday, March 29th. Zacks Investment Research cut shares of Mosaic from a “buy” rating to a “hold” rating in a report on Tuesday, January 29th. Barclays boosted their price target on shares of Mosaic from $35.00 to $37.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 27th. ValuEngine cut shares of Mosaic from a “buy” rating to a “hold” rating in a report on Tuesday, January 8th. Finally, Bank of America cut shares of Mosaic from a “buy” rating to a “neutral” rating and set a $25.49 price target for the company. in a report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $34.90.
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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 International Distribution. 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.
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