S&CO Inc. Grows Stock Position in The Mosaic Company (NYSE:MOS)

S&CO Inc. boosted its stake in The Mosaic Company (NYSE:MOS) by 0.4% in the first quarter, Holdings Channel reports. The fund owned 1,136,423 shares of the basic materials company’s stock after buying an additional 4,200 shares during the quarter. Mosaic makes up about 2.1% of S&CO Inc.’s holdings, making the stock its 12th biggest holding. S&CO Inc.’s holdings in Mosaic were worth $30,694,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. NBC Securities Inc. purchased a new position in shares of Mosaic during the 1st quarter valued at approximately $26,000. Compagnie Lombard Odier SCmA purchased a new position in shares of Mosaic during the 1st quarter valued at approximately $27,000. Allworth Financial LP lifted its stake in Mosaic by 102.3% during the first quarter. Allworth Financial LP now owns 1,062 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 537 shares during the last quarter. Heck Capital Advisors LLC bought a new position in Mosaic during the fourth quarter worth $41,000. Finally, Huntington National Bank lifted its stake in Mosaic by 54.1% during the fourth quarter. Huntington National Bank now owns 3,374 shares of the basic materials company’s stock worth $83,000 after purchasing an additional 1,185 shares during the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on MOS shares. Scotiabank restated an “outperform” rating on shares of Mosaic in a research note on Wednesday, May 14th. Barclays raised their price objective on Mosaic from $40.00 to $46.00 and gave the stock an “overweight” rating in a research note on Monday, July 7th. Oppenheimer restated an “outperform” rating and set a $43.00 price objective (up from $39.00) on shares of Mosaic in a research note on Tuesday, July 15th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Mosaic in a research note on Monday, July 14th. Finally, JPMorgan Chase & Co. raised their target price on Mosaic from $29.00 to $35.00 and gave the company an “overweight” rating in a research note on Friday, May 9th. Five equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $36.75.

Insider Transactions at Mosaic

In related news, SVP Walter F. Precourt III sold 18,000 shares of Mosaic stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $35.73, for a total value of $643,140.00. Following the transaction, the senior vice president owned 128,546 shares of the company’s stock, valued at approximately $4,592,948.58. This trade represents a 12.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.86% of the stock is currently owned by insiders.

Mosaic Price Performance

Shares of NYSE MOS opened at $36.46 on Tuesday. The Mosaic Company has a fifty-two week low of $22.36 and a fifty-two week high of $38.23. The firm’s 50-day simple moving average is $36.06 and its 200 day simple moving average is $30.46. The company has a quick ratio of 0.44, a current ratio of 1.12 and a debt-to-equity ratio of 0.28. The stock has a market cap of $11.57 billion, a P/E ratio of 31.43, a P/E/G ratio of 1.67 and a beta of 1.12.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.04. Mosaic had a net margin of 3.32% and a return on equity of 4.91%. The business had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.70 billion. During the same period in the previous year, the business earned $0.65 earnings per share. The company’s revenue was down 2.2% on a year-over-year basis. Equities analysts expect that The Mosaic Company will post 2.04 EPS for the current year.

Mosaic 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.